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Spend-and-tax : a panel data investigation for the EU

Afonso, António; Rault, Christophe - 2009

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and...

Persistent link: https://www.econbiz.de/10003861754

Tax-co-ordination in Europe : assessing the first years of the EU-savings taxation directive

Hemmelgarn, Thomas; Nicodème, Gae͏̈tan J.A. - 2009

This paper reviews the economic effects of the EU Savings Taxation Directive. The Directive aims at enabling taxation of foreign interest payments received by individuals in accordance with the rules of their State of residence. The data suggest that the Directive, which is based on automatic...

Persistent link: https://www.econbiz.de/10003861869

Economic geography within and between European nations : the role of market potential and density across space and time

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - 2009

In explaining the uneven spatial distribution of economic activity, urban economics and new economic geography (NEG) dominate recent research in economics. A main difference between these two approaches is that NEG stresses the role of spatial linkages whereas urban economics does not do so. We...

Persistent link: https://www.econbiz.de/10003850511

VAT on intra-community trade and bilateral micro revenue clearing in the EU

Breuer, Christian; Nam, Chang-woon - 2009

This study discusses European Commission's recent proposal to combat VAT fraud by taxing intra-Community supplies at a common rate of 15%, accompanied by the internal correction of input-tax gap between an importer and his own national tax authority, which is caused by the national VAT rate...

Persistent link: https://www.econbiz.de/10003883042

Market liberalization in the European natural gas market : the importance of capacity constraints and efficiency differences

Brakman, Steven; Marrewijk, Charles van; … - 2009

welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market … result, new entrants in the market are less efficient than incumbent firms. Second, energy markets, again including the … market for natural gas, are associated with capacity constraints. Prices are determined in residual markets where the least …

Persistent link: https://www.econbiz.de/10003857130

How free trade can help convert the 'Arab Spring' into permanent peace and democracy

Thorvaldur Gylfason; Martínez, Inmaculada; Wijkman, … - 2012

Europe between democratically governed States with market economies. After six countries established the European Community …

Persistent link: https://www.econbiz.de/10009571054

Atlantic versus Pacific agreement in agri-food sectors : does the winner take it all?

Disdier, Anne-Célia; Emlinger, Charlotte; Fouré, Jean - 2015 - This version: July 27, 2015

Trade liberalization of the agri-food sector is a sensitive topic in both Transatlantic Trade and Investment Partnership (TTIP) and Trans-Pacific Partnership (TPP) discussions. Using a general equilibrium model, we assess the potential impact of these agreements. The US agri-food sectors would...

Persistent link: https://www.econbiz.de/10011301002

Policy deviations, uncertainty, and the European Court of Justice

Hefeker, Carsten; Neugart, Michael - 2013

The implementation of European Union directives into national law is at the discretion of member states. We analyze incentives for member states to deviate from these directives when the European Commission may sue a defecting member state and rulings at the European Court of Justice (ECJ) are...

Persistent link: https://www.econbiz.de/10009722016

The monetary policy of the ECB : a Robin Hood approach?

Drometer, Marcus; Siemsen, Thomas; Watzka, Sebastian - 2013

We derive four sets of counterfactual national interest rate paths for the 17 Euro Area countries for the time period … economically worse than the Euro Area average perform best. -- monetary policy ; ECB ; Bundesbank ; decision rule ; counterfactual …

Persistent link: https://www.econbiz.de/10009724004

Economy wide impact of the trade integration between Japan and India : a computable general equilibrium analysis

Bhattacharyay, Biswanath; Mukhopadhyay, Kakali - 2013

the other hand, reduction of tariffs would help Japanese exports to exploit the growing Indian market. In this background …

Persistent link: https://www.econbiz.de/10010227205