Showing 1 - 10 of 551
This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal transport volumes. The recent Belt and Road Initiative provides an experiment that can be evaluated using matching econometrics. Our results show that the establishment of a new...
Persistent link: https://www.econbiz.de/10012118650
Can colonialism affect today’s urban outcomes? This paper examines the long-run impact of Concessions - foreign-run enclaves established in the late nineteenth century inside Chinese cities by European settlers for residence and investment purposes. They soon became the new economic hubs of...
Persistent link: https://www.econbiz.de/10014486802
and death outcomes in China. We adopt a simultaneous spatial dynamic panel data model to account for (i) the simultaneity …
Persistent link: https://www.econbiz.de/10013419317
. One of the key findings is that the eurozone countries in trade with Norway have substantially increased their share of …
Persistent link: https://www.econbiz.de/10003969238
In the current debate on the reasons and implications of the Greek and Irish euro crisis, the intra-European current account imbalances have gained rising attention. Whereas Greece and Ireland struggle for austerity in private and public spending, Germany is urged to reduce its current account...
Persistent link: https://www.econbiz.de/10008798227
This paper analyses the smoothing of asymmetric shocks to output for a sample of OECD countries. It also examines whether the private capital markets will be able to replace the government in providing output smoothing in the euro-area, in the near future. The research finds no evidence of large...
Persistent link: https://www.econbiz.de/10011509508
along the different dimensions of globalization. We also disentangle trade and financial globalization within the economic …
Persistent link: https://www.econbiz.de/10011954444
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … there is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness … are interrelated i.e. bidirectional causality. Feedback hypothesis is validated between trade openness and financial …
Persistent link: https://www.econbiz.de/10010479344
market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail … market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in … autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade …
Persistent link: https://www.econbiz.de/10003872802
on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010412753