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Nested Stochastic Possibility Frontiers with Heterogeneous Capital Inputs

Erber, Georg; Madlener, Reinhard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or non-neutralities...

Persistent link: https://www.econbiz.de/10004963835

Benchmarking Efficiency of Telecommunication Industries in the US and Major European Countries: A Stochastic Possibility Frontiers Approach

Erber, Georg - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

The impact of ICT on the efficiency of different national telecommunication industries of the US, Germany, France, the UK and the Netherlands is analysed by using a stochastic production possibility frontier approach. The relative inefficiencies of these industries measured as distances to the...

Persistent link: https://www.econbiz.de/10005068689

Regional Disparities in the European Union: Convergence and Agglomeration

Geppert, Kurt; Happich, Michael; Stephan, Andreas - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005

research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … on the one hand and persistent or even increasing spatial concentration (agglomeration) on the other. Kernel density … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …

Persistent link: https://www.econbiz.de/10005068841

Regional Patterns of Intangible Capital, Agglomeration Effects and Localised Spillovers in Germany

Geppert, Kurt; Neumann, Anne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

substan-tial net advantages of agglomeration have more to do with broad knowledge and diversity than with regional clustering …

Persistent link: https://www.econbiz.de/10008869170

The "V-Factor": Distribution, Timing and Correlates of the Great Indian Growth Turnaround

Ghate, Chetan; Wright, Stephen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive "V"-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the...

Persistent link: https://www.econbiz.de/10005068927

Europe's Twenties: A Study Using the WIATEC Model

Kemfert, Claudia; Kremers, Hans; Truong, Truong - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

In this paper, we use a computable general equilibrium model (WIATEC) to study the potential impact of implementing Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and within the range of recent empirical evidence....

Persistent link: https://www.econbiz.de/10005068836

Persistence and Determinants of Firm Profit in Emerging Markets

Stephan, Andreas; Tsapin, Andriy - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

The paper studies the persistence of profit and its determinants in emerging markets. We apply Markov chain analysis, dynamic panel GMM estimation, and quantile regression techniques to a panel of approximately 3,000 Ukrainian companies. The empirical results show a moderate level of profit...

Persistent link: https://www.econbiz.de/10004963898

Does the Dispersion of Unit Labor Cost Dynamics in the EMU Imply Long-Run Divergence?: Results from a Comparison with the United States of America and Germany

Dullien, Sebastian; Fritsche, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

inflation convergence using different approaches, namely panel unit root tests, co-integration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …

Persistent link: https://www.econbiz.de/10005068787

Convergence in Institutions and Market Outcomes: Cross-Country and Time-Series Evidence from the BEEPS Surveys in Transition Economies

Mitra, Pradeep; Muravyev, Alexander; Schaffer, Mark E. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed … convergence of transition countries with developed market economies in a number of dimensions. The pattern of growth at the … activity taking place in 2002, the middle of the period analyzed. Throughout, the regional patterns suggest greater convergence …

Persistent link: https://www.econbiz.de/10005068801

Unit Labor Cost Growth Differentials in the Euro Area, Germany, and the US: Lessons from PANIC and Cluster Analysis

Fritsche, Ulrich; Kuzin, Vladimir - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … are much less important in explaining the variance of ULC growth. We report evidence for convergence clusters in all …

Persistent link: https://www.econbiz.de/10005068930