Showing 1 - 10 of 12
Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU … with the EU was signed exceeded trade growth of the control group of countries which did not become members …
Persistent link: https://www.econbiz.de/10012769922
We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …
Persistent link: https://www.econbiz.de/10012770443
This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...
Persistent link: https://www.econbiz.de/10013012532
In this paper, we evaluate the first-stage pass-through, namely the responsiveness of import prices to the exchange rate changes, for a sample of euro area (EA) countries. Our study aims to shed further light on the role of microeconomic factors vs. macroeconomic factors in influencing the...
Persistent link: https://www.econbiz.de/10012960112
This paper provides an update on the exchange rate pass-through (ERPT) estimates for 12 Euro area (EA) countries. First, based on quarterly data over the 1990-2012 period, our study does not find a significant heterogeneity in the degree of pass-through across the monetary union members, in...
Persistent link: https://www.econbiz.de/10013022505
in the literature. Especially issues of bilateral VAT revenue clearing between EU countries, which arise from the …
Persistent link: https://www.econbiz.de/10013156492
, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend … Finland and the UK, and for several EU New Member States. Moreover, in the run-up to EMU there was some shifting away from a …
Persistent link: https://www.econbiz.de/10013158140
national regional policy funds. The benchmark for the co-funding is that the EU bears 50% of total costs associated with … regional projects eligible for EU support. In some regions, however, the EU contribution has reached 85% of total costs. This … additionality degrees is largely in line with EU cohesion policy goals. Most notably, higher shares of EU funds are provided to …
Persistent link: https://www.econbiz.de/10013147267
The EU’s cohesion policy should now be confluent with the goals of the Lisbon strategy by promoting growth and … employment. In this context, the promotion of a concept called regional innovation system has recently become important in the EU … degrees of innovation promotion by the EU from one region to another. Since regional-policy strategies should have been …
Persistent link: https://www.econbiz.de/10013315973
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from …
Persistent link: https://www.econbiz.de/10013316072