Showing 1 - 10 of 39
This paper emphasises the importance of the political-institutional dimension in the understanding of the spatial distribution of economic activity. We introduce the notion of Territorial Authority Scale, which refers to the degree of devolution (towards sub-national tiers of government)...
Persistent link: https://www.econbiz.de/10005423190
This paper analyses the impact of unilateral climate policy on firms’ international location strategies in emission-intensive sectors, when countries differ in terms of market size. The cases of partial and total relocation via foreign direct investment are separately considered. A simple...
Persistent link: https://www.econbiz.de/10008642150
This paper investigates the relationship between intra-industry trade (IIT) and immigration flows using a gravity model for the period 2000-2010 between Portugal and European Union’s Member States (EU-27). The present study uses the methodology of Kandogan (2003) for separating IIT into its...
Persistent link: https://www.econbiz.de/10010904917
emerging economies (South), such as China and India, and more generally, how IPRs affect the development of GINs between newly …
Persistent link: https://www.econbiz.de/10009320992
This paper aims to explore how the competitiveness of the EU economy, here captured by export dynamics over the medium … weak versions of the Porter hypothesis are tested by specifying the export dynamics of five aggregated manufacturing … theoretically-based gravity model. When testing the strong version on export performances of manufacturing sectors, the overall …
Persistent link: https://www.econbiz.de/10008642160
The empirical literature is very far from any consensus about the appropriate model for oil price forecasting that should be implemented. Relative to the previous literature, this paper is novel in several respects. First of all, we test and systematically evaluate the ability of several...
Persistent link: https://www.econbiz.de/10009421234
Persistent link: https://www.econbiz.de/10009650278
In this paper the oil price-macroeconomy relationship is investigated from a global perspective, by means of a large scale macro-financial-econometric model. In addition to real activity, fiscal and monetary policy responses and labor and financial markets are considered as well. We find that...
Persistent link: https://www.econbiz.de/10010552192
The relevance of oil in the world economy explains why considerable effort has been devoted to the development of different types of econometric models for oil price forecasting. Several specifications have been proposed in the economic literature. Some are based on financial theory and...
Persistent link: https://www.econbiz.de/10005423181
Crude oil prices have been fluctuating over time and by a large range. It is the disorganization of oil price series that makes it difficult to deduce the changing trends of oil prices in the middle- and long-terms and predict their price levels in the short-term. Following a price-state...
Persistent link: https://www.econbiz.de/10009002695