Showing 1 - 10 of 170
This paper investigates the relation between the rise in external debt and fiscal developments in Greece. We use an … reduction in (non-interest) government expenditure. They also suggest that in the case of Greece there is no further scope for a … steady-state increase in seigniorage revenue. In fact, the inflation rate slightly exceeds the seigniorage-maximizing rate …
Persistent link: https://www.econbiz.de/10005791963
This paper assesses how structural transformation is affected by sectoral differences in labor-augmenting technological progress, capital intensity, and substitutability between capital and labor. We estimate CES production functions for agriculture, manufacturing, and services on postwar US...
Persistent link: https://www.econbiz.de/10011084211
Using industry-level data, this paper shows that the European transition region benefited much more strongly from financial integration in terms of economic growth than other developing countries in the years preceding the current crisis. We analyze several factors that may explain this finding:...
Persistent link: https://www.econbiz.de/10008784718
This paper analyses the tendency for nations to break up as a result of a trade-off between the aggregate efficiency losses from separation and the redistributive gains to the majority, which can occur in all regions, even when there are no transfers across these regions. We show that...
Persistent link: https://www.econbiz.de/10005661906
surveying Pakistani soccer-ball producers. We document six facts: (1) Mark-ups are more dispersed than costs; (2) Mark-ups and … costs increase with firm size; (3) The mark-up elasticity with respect to size exceeds the cost elasticity; (4) Costs …
Persistent link: https://www.econbiz.de/10011145410
Mexican exports to the US in 2001, this Paper estimates the likely costs of different RoO for final and intermediate goods … revealed preference criterion that estimated costs should be less than preference rates when utilization rates are …
Persistent link: https://www.econbiz.de/10005666719
effects across countries subjected to some set of PSRO and to compute estimates of the compliance costs associated with rules …
Persistent link: https://www.econbiz.de/10005666836
in Greece. Using regional public investment data for 10 political periods (1975-2009), combined with electoral data by …
Persistent link: https://www.econbiz.de/10011168906
of the restructuring left money on the table from the perspective of Greece, created a large risk for European taxpayers …
Persistent link: https://www.econbiz.de/10011084095
in Greece. Using a new database of public expenditure per region for the period 1978-2007, it proposes a model which … public investment in each region. Finally, the impact of different types of public investment in Greece is mediated by …
Persistent link: https://www.econbiz.de/10011084166