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How fast are the tourism countries growing? : the cross-country evidence

Brau, Rinaldo; Lanza, Alessandro; Pigliaru, Francesco - 2003

Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 tourism countries within a sample of 143 countries, observed during the period 1980-95....

Persistent link: https://www.econbiz.de/10011592920

Convergence of European natural gas prices

Bastianin, Andrea; Galeotti, Marzio; Polo, Michele - 2018

, their wholesale national gas markets are highly heterogeneous. We study the determinants of cross-country convergence of … pairwise, relative and σ-convergence. We show that there is evidence of pairwise price convergence and that some key … the existence of a convergence process. This result carries over to the notion of σ-convergence and is robust to a number …

Persistent link: https://www.econbiz.de/10012395753

The costs of favoritism : is politically-driven aid less effective?

Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010

As is now well documented, aid is given for both political as well as economic reasons. The conventional wisdom is that politically-motivated aid is less effective in promoting developmental objectives. We examine the ex-post performance ratings of World Bank projects and generally find that...

Persistent link: https://www.econbiz.de/10003948233

Tourism and development : a recent phenomenon built on old (institutional) roots?

Brau, Rinaldo; Di Liberto, Adriana; Pigliaru, Francesco - 2010

Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...

Persistent link: https://www.econbiz.de/10008702298

Investments and financial flows induced by climate mitigation policies

Bastianin, Andrea; Favero, Alice; Massetti, Emanuele - 2010

In this paper we use the hybrid integrated model WITCH to quantify and analyze the investments and financial flows stimulated by a climate policy to stabilize Greenhouse Gases concentrations at 550ppm CO2-eq at the end of the century. We focus on investments to decarbonize the power sector and...

Persistent link: https://www.econbiz.de/10008702313

Politics and IMF conditionality

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2013 - This version: June 2013

Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...

Persistent link: https://www.econbiz.de/10009765008

Buying votes and international organizations : the dirty work-hypothesis

Dreher, Axel; Lang, Valentin; Rosendorff, B. Peter; … - 2018

We show how major shareholders can exploit their power over international organizations to hide their foreign-policy interventions from domestic audiences. We argue that major powers exert influence bilaterally when domestic audiences view the intervention favorably. When domestic audiences are...

Persistent link: https://www.econbiz.de/10011927941

Macroeconomic spillovers of weather shocks across U.S. states

Bacchiocchi, Emanuele; Bastianin, Andrea; Moramarco, … - 2024 - This version: April 12, 2024

We estimate the short-run effects of severe weather shocks on local economic activity and assess cross-border spillovers operating through economic linkages between U.S. states. We measure weather shocks using a detailed county-level database on emergency declarations triggered by natural...

Persistent link: https://www.econbiz.de/10014552864