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The impact of a large-scale natural disaster on local economic activity : evidence from the 2003 Bam earthquake in Iran
Farzanegan, Mohammad Reza; Fischer, Sven - 2023
This study provides new causal evidence for the impact of a large-scale natural disaster on local economic activity in Iran using nighttime light intensity. We apply the synthetic control method (SCM) and nighttime light (NTL) data from 1992 to 2020 for 31 provinces and 429 counties to study the...
Persistent link: https://www.econbiz.de/10014295084
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On the cyclicity of regional house prices : new evidence for US metropolitan statistical areas
Flor, Michael A.; Klarl, Torben - 2015
This paper is mainly concerned with the analysis of regional house price cycles. Based on a newly available data set consisting of the 40 largest U.S. Metropolitan Statistical Areas (MSAs), we introduce a wavelet transform based metric to study the housing cycle synchronization across MSAs. We...
Persistent link: https://www.econbiz.de/10011306112
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Stock market integration in Asia : global or regional? : evidence from industry level panel convergence tests
Caporale, Guglielmo Maria; You, Kefei - 2017
This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate (industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised as follows. In the pre-2008 crisis period, no...
Persistent link: https://www.econbiz.de/10011658042
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The determinants of economic growth in European regions
Crespo Cuaresma, Jesús; Doppelhofer, Gernot; … - 2009
We use Bayesian Model Averaging (BMA) to evaluate the robustness of determinants of economic growth in a new dataset of 255 European regions in the 1995-2005 period. We use three different specifications based on (1) the cross-section of regions, (2) the cross-section of regions with country...
Persistent link: https://www.econbiz.de/10003806087
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Threshold effects and regional economic growth e Evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - 2002
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10011409398
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The empirics of China's outward direct investment
Cheung, Yin-Wong; Qian, Xingwang - 2009
We investigate the empirical determinants of China's outward direct investment (ODI). It is found that China … developed and developing countries, there is evidence that a) both market seeking and resources seeking motives drive China …'s ODI, b) the Chinese exports to developing countries induce China's ODI, c) China's international reserves promote its ODI …
Persistent link: https://www.econbiz.de/10003833316
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Achieving sustainable energy security : 2030 outlook for ASEAN, People Republic of China and India
Fan, Ying; Bhattacharyay, Biswanath - 2015
The rapid growth of ASEAN economies, the People's Republic of China and India (called ACI henceforth) - major drivers …
Persistent link: https://www.econbiz.de/10011300352
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Emotion at stake : the role of stake size and emotions in a power-to-take game experiment in China with a comparison to Europe
Bosman, Ronald; Hennig-Schmidt, Heike; Winden, Frans A. … - 2016
by destroying his or her own endowment. We focus on how stake size (endowment) and emotions influence responses in China …
Persistent link: https://www.econbiz.de/10011452814
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Physical capital estimates for China's provinces, 1952-2015 and beyond
Holz, Carsten A.; Yue, Sun - 2017
) calculates long-run provincial (and national) physical capital series for China, (ii) distinguishes between capital services and …
Persistent link: https://www.econbiz.de/10011653808
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …
Persistent link: https://www.econbiz.de/10012026451