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A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent
Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Institute - 2005
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10005144527
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Trans-Pacific Rebalancing : Thailand Case Study
Sussangkarn, Chalongphob; Nikomborirak, Deunden - East Asian Bureau of Economic Research (EABER) - 2011
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...
Persistent link: https://www.econbiz.de/10009653180
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Trans-Pacific Rebalancing : Thailand Case Study
Sussangkarn, Chalongphob; Nikomborirak, Deunden - East Asian Bureau of Economic Research (EABER) - 2011
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...
Persistent link: https://www.econbiz.de/10009653200
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Trans-Pacific Rebalancing : Thailand Case Study
Sussangkarn, Chalongphob; Nikomborirak, Deunden - East Asian Bureau of Economic Research (EABER) - 2011
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...
Persistent link: https://www.econbiz.de/10009653219
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Long-term Issues for Fiscal Sustainability in Emerging Asia
Kawai, Masahiro; Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2013
The aftermath of the global financial crisis of 2007–08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly...
Persistent link: https://www.econbiz.de/10011134336
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Long-term Issues for Fiscal Sustainability in Emerging Asia
Kawai, Masahiro; Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2013
The aftermath of the global financial crisis of 2007–08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly...
Persistent link: https://www.econbiz.de/10011134367
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International Comparisons of Sectoral Energy- and Labour-Productivity Performance: Stylised Facts and Decomposition of Trends
Mulder, Peter; Groot, Henri L.F. de - Tinbergen Institute - 2004
This paper addresses the interplay between economic growth, energy use, change in sectoral composition and technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over the period 1970-1997. A cross-country decomposition...
Persistent link: https://www.econbiz.de/10005144433
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Global Aging and Economic Convergence: A Real Option or Still a Case of Science Fiction?
Dalen, Hendrik P. van - Tinbergen Institute - 2007
How does global aging affect the convergence in global economic development? Both the developing and developed world …
Persistent link: https://www.econbiz.de/10005144475
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Sectoral Energy- and Labour-Productivity Convergence
Mulder, Peter; Groot, Henri L.F. de - Tinbergen Institute - 2004
This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … for 14 OECD countries, covering the period 1970-1997. A fã-convergence analysis shows that the development of cross …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence …
Persistent link: https://www.econbiz.de/10005795576
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Defining European Wholesale Electricity Markets: An “And/Or” Approach
Dijkgraaf, Elbert; Janssen, Maarten C.W. - Tinbergen Institute - 2009
An important question in the dynamic European wholesale markets for electricity is whether to define the geographical market at the level of an individual member state or more broadly. We show that if we currently take the traditional approach by considering for each member state whether there...
Persistent link: https://www.econbiz.de/10008531429