In this paper, we outline material and capital linkages across sectors to quantify the role of the German production network in amplifying sectoral dynamics on aggregate trend gross domestic product growth. This allows us to study the impact of sectoral labor input and total factor productivity...

Population forecasts indicate that the world is facing massive demographic changes during the 21st century. This does not only involve the development of the total global population, but (more importantly) will also affect the population and age distribution across countries in a fundamental...

Revealing the precise thresholds at which fluctuations in oil prices start to affect gross domestic product and its various components (consumption, investment, expenditure and exports) holds significant implications for policymakers in both oil-importing and oil-exporting countries. Existing...

This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and 2019. We find our structural estimates are stable but substantially lower than the reduced-form estimates that tend to characterise the literature and that the responsiveness of...

Purpose - The research aim of the article is the analysis of advanced/developed and developing countries in the context of sustainable development, using invariant coordinate system in energy units, as well as the impact of structural changes in the economy affect the possibility of transition...

Purpose - This article focusses on the impact generated on GDP growth by the number of graduates in the ICT domain of Romanian counties in the period 2014-2020. Research methodology - We have collected the number of ICT graduates, the GDP per inhabitant in EUR per Romanian county, the number of...