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Is Germany a hub of Factory Europe for CEE countries? : the sink approach in GVC decomposition

Kordalska, Aleksandra; Olczyk, Magdalena - 2019

The goal of the paper is to decompose gross exports/imports to/from Germany for seven selected economies in Central and Eastern Europe (CEE): the Czech Republic, Estonia, Hungary, Lithuania, Latvia, Poland, and Slovakia for 2000 and 2014, to identify the role of German in absorbing, reflecting,...

Persistent link: https://www.econbiz.de/10012033048

Macro-financial linkages in Egypt : a panel analysis of economic shocks and loan portfolio quality

Love, Inessa; Turk Ariss, Rima - 2013

Persistent link: https://www.econbiz.de/10009771897

Pyramid capitalism : cronyism, regulation, and firm productivity in Egypt

Diwan, Ishac; Keefer, Philip; Schiffbauer, Marc - 2016

Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...

Persistent link: https://www.econbiz.de/10011544875

Inference in VARs with conditional heteroskedasticity of unknown form

Brüggemann, Ralf; Jentsch, Carsten; Trenkler, Carsten - 2014

We derive a framework for asymptotically valid inference in stable vector autoregressive (VAR) models with conditional … heteroskedasticity of unknown form. We prove a joint central limit theorem for the VAR slope parameter and innovation covariance … parameter estimators and address bootstrap inference as well. Our results are important for correct inference on VAR statistics …

Persistent link: https://www.econbiz.de/10011490564

Centralization, Decentralization, and Conflict in the Middle East and North Africa

Tosun, Mehmet Serkan; Yilmaz, Serdar - 2012

This paper examines broadly the intergovernmental structure in the Middle East and North Africa region, which has one of the most centralized government structures in the world. The authors address the reasons behind this centralized structure by looking first at the history behind the tax...

Persistent link: https://www.econbiz.de/10012552209

The Welfare Effects of a Large Depreciation : The Case of Egypt, 2000-05

Kraay, Aart - 2012

The Egyptian pound depreciated sharply between 2000 and 2005, declining by 26 percent in nominal trade-weighted terms. The author investigates the effect of the large depreciation on household welfare operating through exchange rate-induced changes in consumer prices. He estimates exchange rate...

Persistent link: https://www.econbiz.de/10012552633

Assessing the Economic Impacts of Climate Change on Agriculture in Egypt : A Ricardian Approach

Eid, Helmy M.; El-Marsafawy, Samia M.; Ouda, Samiha A. - 2012

This study employed the Ricardian approach to measure the economic impacts of climate change on farm net revenue in Egypt. Farm net revenue were regressed against climate, soil, socioeconomic and hydrological variables to determine which factors influence the variability of farm net revenues....

Persistent link: https://www.econbiz.de/10012552743

Finances of Egyptian Listed Firms

Love, Inessa - 2012

The author presents an analysis of the finances of Egyptian listed companies evaluating recent trends in growth and profitability during the 1995-2001 period. The data from financial statements reveal the effect of the economic slowing of the past few years, especially in the construction and...

Persistent link: https://www.econbiz.de/10012554101

Public Infrastructure and Private Investment in the Middle East and North Africa

Ag??nor, Pierre-Richard; Nabli, Mustapha K.; Yousef, … - 2012

affect private investment. Then they describe their empirical framework, which is based on a vector autoregression (VAR …

Persistent link: https://www.econbiz.de/10012554120

Why Don???t Banks Lend to Egypt???s Private Sector?

Herrera, Santiago; Hurlin, Christophe; Zaki, Chahir - 2012

Bank credit to Egypt's private sector decreased over the last decade, despite a recapitalized banking system and high rates of economic growth. Recent macro-economic turmoil has reinforced the trend. This paper explains the decrease based on credit supply and demand considerations by 1)...

Persistent link: https://www.econbiz.de/10012554525