Showing 1 - 10 of 11
have converged at faster rate than those of NON EMU countries. This outcome can be interpreted as a combination of the … significantly increased after EMU inception, pointing toward an exclusive role for convergence in investment barriers. …
Persistent link: https://www.econbiz.de/10005004241
estimations on pre-EMU and EMU subsamples we find that the contribution of (rest of the) Euro Area shocks to Austria's business … & Monetary Union (EMU). The model includes both nominal and real frictions that have proven to be important in matching business … the EMU and investigates in how far this has altered macroeconomic transmission. We find that Austria's economy appears to …
Persistent link: https://www.econbiz.de/10005178153
At its 10th anniversary the EMU had to stand the baptism of fire caused by the „Great Recession“ 2009. By and large it … mastered this test. The introduction of the Euro, however, has brought to light the latent weaknesses in competitiveness of … some member states of the Euro area, consisting up to now mostly of old EU member states. Shortly after the EU enlargement …
Persistent link: https://www.econbiz.de/10005042067
Die vorliegende Analyse der österreichischen Warenverkehrsbilanz diskutiert sowohl die zeitliche Entwicklung der Handelsbilanz und ihre zugrundeliegenden Faktoren als auch die bilateralen Bilanzen mit den wichtigsten Handelspartnern und die Handelsbilanz in ausgewählten Warengruppen. Mit...
Persistent link: https://www.econbiz.de/10010856813
This paper investigates the determinants of the trade balance using panel data for 32 industrialized and emerging economies for the period 1990?2007. The results based on fixed effects models and linear mixed models allowing for random slope coefficients, show that the trade balance as a...
Persistent link: https://www.econbiz.de/10008477124
Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single...
Persistent link: https://www.econbiz.de/10008643791
The present paper contributes to the existing literature analyzing the relationship between intra EU trade in services and European Integration by taking into consideration a potential endogeneity bias of the EU dummy and a correct specification of multilateral resistance terms in a panel data...
Persistent link: https://www.econbiz.de/10010856779
Staatsschuldenkrise im Euro-Raum hat die Schwächen im wirtschaftspolitischen Ordnungsrahmen der Währungsunion offengelegt. Der Stabilitäts …
Persistent link: https://www.econbiz.de/10010856820
Das Kernelement der Europäischen Integration, der „Binnenmarkt“, feiert heuer das 20-jährige Bestehen. Österreich hat seit dem Beitritt zur EU im Jahr 1995 an allen vertiefenden Schritten der EU-Integration teilgenommen. Nicht nur politisch ist Österreich durch die EU-Mitgliedschaft...
Persistent link: https://www.econbiz.de/10010856821
This paper investigates how the European integration process of central eastern European countries, which has been taking place since the 1990’s, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation for a panel of ten countries over 16 years...
Persistent link: https://www.econbiz.de/10011133731