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Absorptive capacities and the impact of FDI on economic growth

Farkas, Beatrice - 2012

This paper analyzes the necessary local conditions required for the existence of positive spillovers from multinationals' entry and it consists of a unified study of absorptive capacities. We start from the idea that FDI speeds up the diffusion of technologies across countries. Yet, the question...

Persistent link: https://www.econbiz.de/10009579226

Does euro area membership affect the relation between GDP growth and public debt?

Dreger, Christian; Reimers, Hans-Eggert - 2012

We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by distinguishing between periods of sustainable and non-sustainable debt. Thresholds are theory-based and depend on the macroeconomic framework. If the interest rate exceeds...

Persistent link: https://www.econbiz.de/10009666798

A further examination of the export-led growth hypothesis

Dreger, Christian; Herzer, Dierk - 2011

This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find...

Persistent link: https://www.econbiz.de/10009515008

Persistent US current account deficit : the role of foreign direct investment

Celebi, Kaan; Röger, Werner; Welfens, Paul J. J. - 2024

This paper re-evaluates the US external deficit which has considerably widened over the 1990s. US safe asset provision to the rest of the world is the dominant explanation for the persistent nature of the US external deficit. We suggest that apart from the safe asset hypothesis, there is an...

Persistent link: https://www.econbiz.de/10014528273

The Chinese impact on GDP growth and inflation in the industrial countries

Dreger, Christian; Zhang, Yanqun - 2011

The integration of China into the global economy is one of the most spectacular events in economic history. This paper investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified to explore interdependencies between business...

Persistent link: https://www.econbiz.de/10009515006

The effect of peer observation on consumption choices : experimental evidence

Grohmann, Antonia; Sakha, Sahra - 2015

This paper investigates the impact of peer observation on the consumption decisions of rural households in Thailand … deviation in their decisions. Thus, we find evidence for conformity. Further, we find that individual's consumption choice is …

Persistent link: https://www.econbiz.de/10011392209

Dynamics and drivers of consumption and multidimensional poverty : evidence from rural Ethiopia

Brück, Tilman; Kebede, Sindu Workneh - 2013

) and consumption poverty. Our results show that the two measures assign similar poverty status to about 52 percent of …, we find that household size matters in consumption poverty while we do not find significant effects on multidimensional … poverty. Amongst the shocks, drought shock is found to affect consumption poverty but not multidimensional poverty. This …

Persistent link: https://www.econbiz.de/10009724818

The effect of peer observation on consumption choices experimental evidence

Grohmann, Antonia; Sakha, Sahra - 2015 - Updated version

This paper investigates the impact of peer observation on consumption decisions of rural households in Thailand using a … evidence for conformity. Further, we find that individual's consumption choice is influenced by the group choice controlling … unfamiliarity of the consumption good is counteracted by peer effects. We further show that the consumption choice is influenced by …

Persistent link: https://www.econbiz.de/10012041128

The effect of self-control and financial literacy on impulsive borrowing : experimental evidence

Grohmann, Antonia; Hamdan, Jana S. - 2021

This paper examines the effect of reduced self-control on impulsive borrowing in a laboratory experiment. We manipulate self-control using an ego depletion task and show that it is effective. Following the ego depletion task, participants can anonymously buy hot drinks on credit. We find no...

Persistent link: https://www.econbiz.de/10012522483

The broken elevator : declining absolute mobility of living standards in germany

Bönke, Timm; Harnack-Eber, Astrid; Lüthen, Holger - 2024

This study provides the first absolute income mobility estimates for postwar Germany. Using various micro data sources, we uncover a steep decline in absolute mobility rates from 81 percent to 59 percent for children's birth cohorts 1962 through 1988. This trend is robust across different ages,...

Persistent link: https://www.econbiz.de/10014468850