This article investigates economic performance when enforceable propertyrights are missing and basic needs matter for consumption. It suggests anew view of the so-called voracity eect according to which windfall gains inproductivity induce behavior that leads to lower economic growth. Takinginto...

This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find...

We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by distinguishing between periods of sustainable and non-sustainable debt. Thresholds are theory-based and depend on the macroeconomic framework. If the interest rate exceeds...

Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...

Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo simulations on a range of different estimators. We find that Anderson-Hsiao IV, Kiviet’s bias-corrected LSDV and GMM estimators all perform well in both short and long panels...

В данной работе отображены основные принципы и механизмы функционирования аграрной политики Европейского Союза. Предложенный вниманию широкого круга...

Земельная реформа началась в Украине 14 лет назад и является одним из наиболее важ- ных факторов влияющих на процесс трансформации бывших государственных...

Das Discussion Paper beinhaltet Erkenntnisse zur Besteuerung russischer Agrar-Holdings in Russland. Eingangs werden ausgehend von der deutschen Rechtslage die Begriffe Holding, Agrar-Holding und Agrar-Industrie-Holding definiert. Nachfolgend werden Elemente der Steuerplanung durch die russischen...

Land reform started in Ukraine 14 years ago became one of the most important issues in transformation of large state agricultural enterprises into market oriented agricultural enterprises. Significant changes in land use and land ownership has happened as a result of land reform implementation...

Dieser Forschungsbericht beinhaltet die Ergebnisse einer Untersuchung von 200 Familienbetrieben im Osten Georgiens im Distrikt Sighnagi in der Kakheti-Region Ende 2001/Anfang 2002. Sie dienten dem Ziel, Erkenntnisse über die wirtschaftliche Situation georgischer Familienbetriebe sowie zum Teil...