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Economic Analysis and Forecasting in the Global Economy and in Emerging and Developing Regions Including Africa: How Informative is the Ifo World Economic Survey (WES)?
Garnitz, Johanna; Leibfritz, Willi - 2016
-to-date information about the cyclical stage of the global economy and of major emerging and developing regions including Africa …
Persistent link: https://www.econbiz.de/10011555568
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Is Finance Good for Growth? New Evidence from China
Chen, Jingzhu; Ji, Yuemei - 2022
We study the relationship between finance and growth using a sample of 275 Chinese cities during 2009-2018. We exclude a large amount of bank loans to local governments through the local government financing vehicles (LGFVs). This allows us to construct a new and better financial development...
Persistent link: https://www.econbiz.de/10013427668
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Planning Ahead for Better Neighborhoods: Long Run Evidence from Tanzania
Michaels, Guy; Nigmatulina, Dzhamilya; Rauch, Ferdinand; … - 2017
What are the long run consequences of planning and providing basic infrastructure in neighborhoods, where people build their own homes? We study “Sites and Services” projects implemented in seven Tanzanian cities during the 1970s and 1980s, half of which provided infrastructure in previously...
Persistent link: https://www.econbiz.de/10011744986
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Priority Roads : The Political Economy of Africa's Interior-to-Coast Roads
Bonfatti, Roberto - 2019
Africa’s interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are … investigate the political determinants of road paving in West Africa across the 1965-2012 period. Controlling for geography and … networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa’s interior …
Persistent link: https://www.econbiz.de/10012892107
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Credit Shocks and Macroeconomic Fluctuations in Emerging Markets
Romain, Houssa; Mohimont, Jolan; Otrok, Chris - 2013
-Regressive model. Quarterly data from South Africa and G-7 countries in 1985-2010 show that credit supply shocks impact significantly … South Africa, although they played a marginal role in the 1996-1999 South African recession. …
Persistent link: https://www.econbiz.de/10010317005
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The Ifo Investment Database
Strobel, Thomas; Sauer, Stefan; Wohlrabe, Klaus - 2013
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in 50 German industries from 1991 onward. The data is consistent with national accounts statistics provided by the German Federal Statistical Office and is based on investments in...
Persistent link: https://www.econbiz.de/10010292503
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House Prices, Local Demand, and Retail Prices
Ströbel, Johannes; Vavra, Joseph - 2015
We use detailed micro data to document a causal response of local retail price to changes in house prices, with elasticities of 15%-20% across housing booms and busts. Notably, these price responses are largest in zip codes with many homeowners, and non-existent in zip codes with mostly renters....
Persistent link: https://www.econbiz.de/10011388272
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Mining Matters: Natural Resource Extraction and Local Business Constraints
de Haas, Ralph; Poelhekke, Steven - 2016
We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight resource-rich countries. We find that with the presence of active mines, the business environment in the immediate vicinity (20 km) of a firm deteriorates but business constraints...
Persistent link: https://www.econbiz.de/10011584897
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The turnaround of the Swedish economy: lessons from large business sector reforms
Heyman, Fredrik; Norbäck, Pehr-Johan; Persson, Lars - 2019
How can a country improve the productivity growth in its business sector and reach its growth potential? Sweden during the 1970–2010 period can serve as an example to help other countries understand how to efficiently reform a business sector. In the 1990s, Sweden implemented a reform package...
Persistent link: https://www.econbiz.de/10012018318
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Good Mine, Bad Mine: Natural Resource Heterogeneity and Dutch Disease in Indonesia
Pelzl, Paul; Poelhekke, Steven - 2018
We analyse the local effect of exogenous shocks to the value of mineral deposits at the district level in Indonesia using a panel of manufacturing plants. To the best of our knowledge, we are the first to model and estimate the effect of heterogeneity in natural resource extraction methods. We...
Persistent link: https://www.econbiz.de/10011932034