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Regional Clusters of Innovative Activity in Europe: Are Social Capital and Geographical Proximity the Key Determinants?
Dominicis, Laura de; Florax, Raymond J.G.M.; Groot, … - Tinbergen Institute - 2011
Finding proper policy instruments to promote productivity growth features prominently on the Lisbon agenda and is central in many national as well as European policy debates. In view of the increased mobility of high-skilled workers in Europe, ongoing globalization and increased interregional...
Persistent link: https://www.econbiz.de/10008838638
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International Comparisons of Sectoral Energy- and Labour-Productivity Performance: Stylised Facts and Decomposition of Trends
Mulder, Peter; Groot, Henri L.F. de - Tinbergen Institute - 2004
This paper addresses the interplay between economic growth, energy use, change in sectoral composition and technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over the period 1970-1997. A cross-country decomposition...
Persistent link: https://www.econbiz.de/10005144433
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Sectoral Energy- and Labour-Productivity Convergence
Mulder, Peter; Groot, Henri L.F. de - Tinbergen Institute - 2004
This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … for 14 OECD countries, covering the period 1970-1997. A fã-convergence analysis shows that the development of cross …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence …
Persistent link: https://www.econbiz.de/10005795576
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Decoupling Economic Growth and Energy Use. An Empirical Cross-Country Analysis for 10 Manufacturing Sectors
Mulder, Peter; Groot, Henri L.F. de - Tinbergen Institute - 2004
This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970-1997. We explicitly aim to trace back aggregate...
Persistent link: https://www.econbiz.de/10005137179
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Growth and Inequality: A Meta-Analysis
Dominicis, Laura de; Groot, Henri L.F. de; Florax, … - Tinbergen Institute - 2006
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and empirical approaches have produced ambiguous results on sign and size of this relationship. Although there is a considerable part of the literature that considers inequality...
Persistent link: https://www.econbiz.de/10005209497
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Causes of and Remedies for the People’s Republic of China’s External Imbalances : The Role of Factor Market Distortion
Huang, Yiping; Tao, Kunyu - East Asian Bureau of Economic Research (EABER) - 2011
The current account surplus of the People’s Republic of China (PRC) has drawn much foreign and domestic attention. This paper focuses on the reasons and remedies for the PRC’s current account surpluses. Rather than deploying the standard explanations, we argue that asymmetric...
Persistent link: https://www.econbiz.de/10009653188
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Causes of and Remedies for the People’s Republic of China’s External Imbalances : The Role of Factor Market Distortion
Huang, Yiping; Tao, Kunyu - East Asian Bureau of Economic Research (EABER) - 2011
The current account surplus of the People’s Republic of China (PRC) has drawn much foreign and domestic attention. This paper focuses on the reasons and remedies for the PRC’s current account surpluses. Rather than deploying the standard explanations, we argue that asymmetric...
Persistent link: https://www.econbiz.de/10009653206
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Default Risk Premia on Government Bonds in a Quantitative Macroeconomic Model
Juessen, Falko; Linnemann, Ludger; Schabert, Andreas - Tinbergen Institute - 2009
This paper examines the pricing of public debt in a quantitative macroeconomic model with government default risk. Default may occur due to a fiscal policy that does not preclude a Ponzi game. When a build-up of public debt makes this outcome inevitable, households stop lending such that the...
Persistent link: https://www.econbiz.de/10008513214
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Productive Government Expenditure in Monetary Business Cycle Models
Linnemann, Ludger; Schabert, Andreas - Tinbergen Institute - 2005
This paper assesses the transmission of fiscal policy shocks in a New Keynesian framework where government expenditures contribute to aggregate production. It is shown that even if the impact of government expenditures on production is small, this assumption helps to reconcile the models'...
Persistent link: https://www.econbiz.de/10005137177
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Optimal Government Spending and Unemployment
Linnemann, Ludger; Schabert, Andreas - Tinbergen Institute - 2008
We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy is contrasted with a reference policy which would be first best in a frictionless economy. Results are: the Ramsey policy i) implies a higher steady state ratio of government...
Persistent link: https://www.econbiz.de/10005137301