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What do we really know about fiscal sustainability in the EU? : a panel data diagnostic

Afonso, António (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003641707

Spend-and-tax : a panel data investigation for the EU

Afonso, António; Rault, Christophe - 2009

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and...

Persistent link: https://www.econbiz.de/10003861754

Economic geography within and between European nations : the role of market potential and density across space and time

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - 2009

In explaining the uneven spatial distribution of economic activity, urban economics and new economic geography (NEG) dominate recent research in economics. A main difference between these two approaches is that NEG stresses the role of spatial linkages whereas urban economics does not do so. We...

Persistent link: https://www.econbiz.de/10003850511

The European Union and the member states: which level of government should do what? : An empirical analysis of Europeans' preferences

Cerniglia, Floriana (contributor); Pagani, Laura (contributor) - 2007

Persistent link: https://www.econbiz.de/10003597972

Market liberalization in the European natural gas market : the importance of capacity constraints and efficiency differences

Brakman, Steven; Marrewijk, Charles van; … - 2009

welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market … result, new entrants in the market are less efficient than incumbent firms. Second, energy markets, again including the … market for natural gas, are associated with capacity constraints. Prices are determined in residual markets where the least …

Persistent link: https://www.econbiz.de/10003857130

3-Step analysis of public finances sustainability : the case of the European Union

Afonso, António (contributor); … - 2008

We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF specific panel unit root test to investigate the mean-reverting behaviour of general government expenditures and revenues ratios. Secondly, we apply the bootstrap panel...

Persistent link: https://www.econbiz.de/10003751092