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Testing Brazilians' imports and exports co-integration with monthly data for 1996-2005
Hollauer, Gilberto; Mendonça, Marco Aurélio Alves de - 2015
nominal, GDP normalized and CPI normalized series for the Brazilian economy. The results indicated that the pure IBC condition …
Persistent link: https://www.econbiz.de/10012038482
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Short-term forecasting economic activity in Germany : a supply and demand side system of bridge equations
Pinkwart, Nicolas - 2018
taking into account the supply or production side and the demand side of GDP. The GDP figures calculated by the two sides … usually yield different results and the official GDP release is somewhere in between. We make use of this statistical … procedure by separately modeling the two sides of GDP in a system of bridge equations at the most disaggregate level available …
Persistent link: https://www.econbiz.de/10011900715
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Consumption-led expansions are toxic for future output growth
Virén, Matti E. E. - 2022
When assessing future growth prospects, does it matter how the economy grows now? In other words, does the current structure of demand affect future growth? This question is analyzed in our paper by using global and EU panel data. The result is quite striking: consumption-led growth - either in...
Persistent link: https://www.econbiz.de/10014551580
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Offshoring, Relocation and the Speed of Convergence: Convergence in the Enlarged European Union
Alho, Kari E. O.; Kaitila, Ville; Widgrén, Mika - 2008
Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms of real income, but also in nominal terms, is of paramount importance for the whole of the EU. We build a dynamic CGE model, starting from the Balassa-Samuelson two-sector...
Persistent link: https://www.econbiz.de/10012502995
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Opposition to capital market opening
Engler, Philipp; Wulff, Alexander - 2011
We employ a neoclassical growth model to assess the impact of financial liberalization in a developing country on capital owners` and workers` consumption and welfare. We find in a baseline calibration for an average non-OECD country that capitalists suffer a 42 percent reduction in permanent...
Persistent link: https://www.econbiz.de/10009302997
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International capital flows, external assets and output volatility
Hoffmann, Mathias; Krause, Michael; Tillmann, Peter - 2014
This paper proposes a new perspective on international capital flows and countries' long-run external asset position. Cross-sectional evidence for 84 developing countries shows that over the last three decades countries that have had on average higher volatility of output growth (1) accumulated...
Persistent link: https://www.econbiz.de/10010433418
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Consumption-led expansions are toxic for future output growth
Virén, Matti E. E. - 2022
When assessing future growth prospects, does it matter how the economy grows now? In other words, does the current structure of demand affect future growth? This question is analyzed in our paper by using global and EU panel data. The result is quite striking: consumption-led growth - either in...
Persistent link: https://www.econbiz.de/10013440345
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Assessment of German-Pakistani relations in trade, investment and strategic cooperation
Mahmood, Talat - 2014
German-Pakistani relations cannot be analyzed in isolation of the larger domestic and international trajectories, economic and political, on both sides of the partnership. After a recent democratic power transfer in 2013, Pakistan continues to face complex challenges. The instable security...
Persistent link: https://www.econbiz.de/10010340175
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Welfare effects of TTIP in a DSGE model
Engler, Philipp; Tervala, Juha - 2016
Several studies have analyzed the trade and output effects of the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, but our paper is the first attempt to study its welfare effects. We measure the welfare effect of TTIP as the percentage of...
Persistent link: https://www.econbiz.de/10011527321
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Agribusiness trade between Brazil and China : pillars and opportunities
Nonnenberg, Marcelo José Braga; Lima, Uallace Moreira; … - 2021
In this paper, we discuss the agricultural trade between Brazil and China. We select a set of key commodities and debate whether there are obstacles or opportunities to increase trade between the two economies. Following an institutional and historical analysis, we provide a statistical...
Persistent link: https://www.econbiz.de/10012624873