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detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to … near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output …
Persistent link: https://www.econbiz.de/10012550202
Using firm-level data from France, we document that the shift of economic activity from manufacturing to services over … manufacturing firms that increasingly locate in suburban and rural areas. Motivated by these findings, we estimate a structural … strengthened for services but weakened for manufacturing. This divergence is a key driver of the urban bias but it dampens …
Persistent link: https://www.econbiz.de/10014442769
Countries have made considerable efforts to diversify their energy sources from fossil fuels to renewables in the last two decades to achieve sustainable economic development. However, it is widely argued that the countries may experience sluggish economic development during the energy...
Persistent link: https://www.econbiz.de/10012603093
fossil energy reserves continues to be high. This raises concerns, as it reinforces the fossil industry’s opportunities and … for when the fossil industry will abandon reserves, and establish that continued exploration of fossil resources is not …
Persistent link: https://www.econbiz.de/10012257735
Renewable energy communities involve various agents who decide to jointly invest in renewable production units and storage. This paper examines how these communities interact with the energy system and can decrease its overall cost. First, we show that a renewable energy community can contribute...
Persistent link: https://www.econbiz.de/10013536160
We investigate empirically whether the market value of electric vehicles, which have rapid technological progress, decline faster over their lifetime than gasoline vehicles, which is a mature technology. We use novel data from the market with the highest market shares for electric vehicles in...
Persistent link: https://www.econbiz.de/10013266045
Wind farm development, despite offering global benefits, often encounters local opposition fostered by local negative externalities and uncertain benefits. This study investigates the financial impact of wind farm development on host municipalities using Spanish municipality-level budget data...
Persistent link: https://www.econbiz.de/10015048381
Persistent link: https://www.econbiz.de/10003623797
In last few decades, Asian production networks have contributed significantly toward the rapid trade expansion and economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them to the People Republic of China (PRC) and ASEAN for...
Persistent link: https://www.econbiz.de/10009571750
West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level …
Persistent link: https://www.econbiz.de/10009724017