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Personality traits and the evaluation of start-up subsidies

Caliendo, Marco; Künn, Steffen; Weißenberger, Martin - 2016

. Evaluation studies of such programmes commonly rely on the conditional independence assumption (CIA), allowing a causal … success, these variables were neglected in evaluation studies so far due to data limitations. In this paper, we evaluate a new … administrative-survey data allows us to incorporate usually unobserved personality measures in the evaluation and investigate their …

Persistent link: https://www.econbiz.de/10011420781

A pair-wise approach to testing for output and growth convergence

Pesaran, M. Hashem (contributor) - 2004

This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also proposed, which suggests that all such output gap pairs must be...

Persistent link: https://www.econbiz.de/10002520210

Managing debt stability

Bacchiocchi, Emanuele (contributor); … - 2005

This paper presents a simple model in which debt management stabilizes the debt-to-GDP ratio in face of shocks to real returns and output growth and thus supports fiscal restraint in ensuring sustainability. The optimal composition of public debt is derived by looking at the relative impact of...

Persistent link: https://www.econbiz.de/10002576712

Revisiting the great ratios hypothesis

Chudik, Alexander; Pesaran, M. Hashem; Smith, Ron - 2022

The idea that certain economic variables are roughly constant in the long-run is an old one. Kaldor described them as stylized facts, whereas Klein and Kosobud labelled them great ratios. While such ratios are widely adopted in theoretical models in economics as conditions for balanced growth,...

Persistent link: https://www.econbiz.de/10013041372

Quarterly GDP estimates for the German States : new data for business cycle analyses and long-run dynamics

Lehmann, Robert; Wikman, Ida - 2023

To date, only annual information on economic activity is published for the 16 German states. In this paper, we calculate quarterly regional GDP estimates for the period between 1995 to 2021, thereby improving the regional database for Germany. The new data set will regularly be updated when...

Persistent link: https://www.econbiz.de/10013549105

Trade liberalization and local development in India : evidence from nighttime lights

Jha, Priyaranjan; Talathi, Karan - 2023

We study the impact of the Indian trade liberalization of 1991 on development at the district level using satellite nighttime lights per capita as a proxy for development. We find that on average trade liberalization increased nighttime lights per capita but there was considerable heterogeneity...

Persistent link: https://www.econbiz.de/10013555727

Do sanctions affect growth?

Kwon, Ohyun; Syropoulos, Constantinos; Yotov, Yoto - 2022

Direct measures of the economic impact of sanctions are contaminated by the endogeneity that arises when other events in target countries (e.g., civil or interstate conflicts, political independence, etc.) instigate the imposition of sanctions. To address this issue, we propose a novel...

Persistent link: https://www.econbiz.de/10013284882

Natural disasters and the effect of trade on income : a new panel IV approach

Felbermayr, Gabriel; Gröschl, Jasmin Katrin - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Persistent link: https://www.econbiz.de/10009240715

Energy consumption, economic growth and CO2 emissions in Middle East and North African Countries

Arouri, Mohamed; BenYoussef, Adel; M'Henni, Hatem; … - 2012

This article extends the recent findings of Liu (2005), Ang (2007), Apergis et al. (2009) and Payne (2010) by implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon dioxide emissions, energy consumption, and real GDP for 12...

Persistent link: https://www.econbiz.de/10009488888

Monthly GDP estimates for inter-war Berlin

Mitchell, James; Solomou, Solomos; Weale, Martin - 2011

We derive monthly and quarterly series of UK GDP for the inter-war period from a set of monthly indicators that were constructed by The Economist at the time. The monthly information is complemented with data for quarterly industrial production, allowing us to employ mixed-frequency methods to...

Persistent link: https://www.econbiz.de/10009307942