Narrow search
Showing 1 - 10 of 124
Cover Image
Energy Consumption and Economic Growth Revisited in African Countries
Eggoh, Jude C.; Bangaké, Chrysost; Rault, Christophe - CESifo - 2011
growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality … exists a long-run equilibrium relationship between energy consumption, real GDP, prices, labor and capital for each group of … cointegration relationship when country groups are considered. …
Persistent link: https://www.econbiz.de/10009320785
Cover Image
Stock Markets, Banks and Long Run Economics Growth: A Panel Cointegration-Based Analysis
Cavenaile, Laurent; Gengenbach, Christian; Palm, Franz - CESifo - 2013
and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence …
Persistent link: https://www.econbiz.de/10010723543
Cover Image
The Euro-Dollar Exchange Rate: Is it Fundamental?
Camarero, Mariam; Ordóñez, Javier; Tamarit, Cecilio - CESifo - 2002
-area currencies. First, using dynamic panel techniques, we estimate an error correction model for the dollar real exchange rate versus …
Persistent link: https://www.econbiz.de/10005196314
Cover Image
Infrastructure and Growth: Empirical Evidence
Egert, Balazs; Kozluk, Tomasz; Sutherland, Douglas - CESifo - 2009
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale, the existence of network externalities competition...
Persistent link: https://www.econbiz.de/10005013038
Cover Image
Payment Choice in International Trade: Theory and Evidence from Cross-country Firm Level Data
Hoefele, Andreas; Schmidt-Eisenlohr, Tim; Yu, Zhihong - CESifo - 2013
When trading, firms choose between different payment contracts. As shown theoretically in Schmidt-Eisenlohr (forthcoming), this allows firms in international trade to optimally trade-off differences in financing costs and enforcement across countries. This paper provides evidence from a large...
Persistent link: https://www.econbiz.de/10010877930
Cover Image
Credit Shocks and Macroeconomic Fluctuations in Emerging Markets
Romain, Houssa; Mohimont, Jolan; Otrok, Chris - CESifo - 2013
In this paper, we examine the role of global and domestic credit supply shocks in macroeconomic fluctuations for Emerging Markets. For this purpose, we impose a set of zero and sign restrictions within a medium-scale Bayesian Vector Auto-Regressive model. Quarterly data from South Africa and G-7...
Persistent link: https://www.econbiz.de/10010668472
Cover Image
Universal Intellectual Property Rights: Too Much of a Good Thing?
Auriol, Emmanuelle; Biancini, Sara; Paillacar, Rodrigo - CESifo - 2013
own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enough in R&D and if its interior market is large. The theoretical predictions of the model are tested with the help of panel …
Persistent link: https://www.econbiz.de/10010670798
Cover Image
Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action
Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - CESifo - 2009
This paper builds on the assumption that OECD countries are (or will soon be) taking actions to reduce their greenhouse gas emissions. These actions, however, will not be sufficient to control global warming, unless developing countries also get involved in the cooperative effort to reduce GHG...
Persistent link: https://www.econbiz.de/10005010150
Cover Image
The Impact of Urbanization on CO2 Emissions: Evidence from Developing Countries
Martínez-Zarzoso, Inmaculada - CESifo - 2008
This paper analyzes the impact of urbanization on CO2 emissions in developing countries, taking into account the presence of heterogeneity in the sample of countries and testing for the stability of the estimated elasticities over time. The sample covers the period from 1975 through 2003 for...
Persistent link: https://www.econbiz.de/10005181290
Cover Image
Consumption and Keynesian Fiscal Policy
Schclarek, Alfredo - CESifo - 2004
, the estimation results seem to indicate that government consumption shocks have Keynesian effects for both industrial and …
Persistent link: https://www.econbiz.de/10005181323