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Tax Interactions among Belgian Municipalities: Does Language Matter?

Gérard, Marcel; Jayet, Hubert; Paty, Sonia - CESifo - 2009

This paper tests the existence of strategic interactions among municipalities using a panel of Belgian local tax rates from 1985 to 2004. A special emphasis is put on the role of the language spoken in the various municipalities. Our results first confirm previous findings for Belgium suggesting...

Persistent link: https://www.econbiz.de/10005406425

Productivity Differences in OECD Countries

Pascual, Antonio I. Garcia - CESifo - 2000

This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests … data. Third, when the null hypothesis of non convergence is rejected, a second test determines the number of converging … countries. Based on a sample of thirteen OECD countries our results show evidence of convergence in three out of six sectors …

Persistent link: https://www.econbiz.de/10005094386

How Efficient is the East German Economy? An Exploration With Micro Data

Funke, Michael; Rahn, Jörg - CESifo - 2000

The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an unbalanced panel over the transition period 1994 to 1998. We adopt a translog stochastic frontier model to estimate technical efficiency in eastern and western Germany. The results...

Persistent link: https://www.econbiz.de/10005181620

Regional Inequality, Convergence, and its Determinants - A View from Outer Space

Lessmann, Christian; Seidel, André - CESifo - 2015

approximately 71-80% of all countries face sigma-convergence. Finally, we study different major determinants of the level of ….e., the determinants of the convergence process. We find evidence for an N-shaped relationship between development and …

Persistent link: https://www.econbiz.de/10011272626

Exchange Rate Regimes and Revenue Performance in Sub-Saharan Africa

Adam, Christopher; Bevan, David - Department of Economics, Oxford University - 2000

It has been argued that the institutions of the CFA Franc zone may have reduced inflation but that they also induced misalignment of the real exchange rate and that this is the explanation for their dismal revenue performance. This paper uses a panel of 22 countries in sub-Saharan Africa to...

Persistent link: https://www.econbiz.de/10010605075

Educational Human Capital and Levels of Income: Evidence from States in India, 1965-92

Trivedi, Kamakshya - Department of Economics, Oxford University - 2002

This paper examines the long-run (steady-state) relationship between levels of educational human capital and levels of income for the 15 major states of India between 1965 and 1992. The relationship is estimated using the Pooled Mean Groups (PMG) technique; which produces common long-run...

Persistent link: https://www.econbiz.de/10010605295

Openness and Human Capital as Sources of Productivity Growth: An Empirical Investigation

Teal, Francis; Söderbom, Måns - Department of Economics, Oxford University - 2003

Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key implication of several versions of endogenous growth theory. To answer the question we use panel data on 93 countries spanning the 1970-2000 period. Controlling for fixed effects as...

Persistent link: https://www.econbiz.de/10011152494

Regional Inequality and Decentralization - An Empirical Analysis

Lessmann, Christian - CESifo - 2011

This paper analyzes the impact of political and fiscal decentralization on regional inequalities using a unique data set which covers 56 countries at different stages of economic develop-ment. Cross-section and panel data estimations show that decentralization decreases regional inequalities in...

Persistent link: https://www.econbiz.de/10009293485

Government Spending Shocks and the Multiplier: New Evidence from the U.S. Based on Natural Disasters

Yang, Weonho; Fidrmuc, Jan; Ghosh, Sugata - CESifo - 2012

The literature on estimating macroeconomic effects of fiscal policy requires suitable instruments to identify exogenous and unanticipated spending shocks. So far, the instrument of choice has been military build-ups. This instrument, however, largely limits the analysis to the US as few other...

Persistent link: https://www.econbiz.de/10010877863

Revisiting the Narrative Approach of Estimating Tax Multipliers

Hebous, Shafik; Zimmermann, Tom - CESifo - 2014

A number of recent studies regress a “narratively” identified measure of a macroeconomic shock directly on an outcome variable. In this note, we argue that this approach can be viewed as the reduced-form regression of an instrumental variable approach in which the narrative time series is...

Persistent link: https://www.econbiz.de/10010948895