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We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight … (<20 km) of a firm deteriorates but business constraints of more distant firms relax. The negative local impact of mining …
Persistent link: https://www.econbiz.de/10011565667
-intensive, mining booms cause virtually no upward pressure on manufacturing earnings per worker, and both producers of traded and local … goods benefit from mining booms in terms of employment. In contrast, labour-intensive mining booms drive up local …
Persistent link: https://www.econbiz.de/10011922093
to study the impact of economic sanctions on international trade in the mining sector, which includes oil and natural gas …. We demonstrate that the gravity equation is well suited to model bilateral trade in mining and find that sanctions have … been effective in impeding mining trade. Our analysis reveals that complete trade sanctions have reduced bilateral mining …
Persistent link: https://www.econbiz.de/10012428959
. We study whether and where mining is possible in such countries without raising the risk of civil conflict. We proceed in … (planned and unplanned) mining projects in Sierra Leone. A crucial insight is that new mining projects do not necessarily …
Persistent link: https://www.econbiz.de/10013486121
Persistent link: https://www.econbiz.de/10003635233
Persistent link: https://www.econbiz.de/10003620167
How have house prices evolved in the long-run? This paper presents annual house price indices for 14 advanced economies since 1870. Based on extensive data collection, we are able to show for the first time that house prices in most industrial economies stayed constant in real terms from the...
Persistent link: https://www.econbiz.de/10010413728
Persistent link: https://www.econbiz.de/10011402689
This article presents a systematic and extensive empirical study on the presence of Markov switching dynamics in three dollar-based exchange rates. A Monte Carlo approach is adopted to circumvent the statistical inference problem inherent to the test of regime-switching behavior. Two data...
Persistent link: https://www.econbiz.de/10002521681
To control for product quality and eliminate the exchange rate volatility effect, we use the Japanese regional data to study the Penn effect - the positive relationship between price and income levels. Similarly to what is widely documented with international data, the price and income levels...
Persistent link: https://www.econbiz.de/10009630643