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negative spillovers they may face due to mining activity elsewhere in the country. …
Persistent link: https://www.econbiz.de/10012492853
Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...
Persistent link: https://www.econbiz.de/10010233999
Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries and technology fields in an economy. Industrial and trade policies, by contrast, tend to favor economic specialization through the promotion of selected sectors. In this paper...
Persistent link: https://www.econbiz.de/10012150167
Europe and Russia. Notably, bilateral integration with the eurozone is a key determinant of the strength of spillovers, with … spillovers strongest in non-euro EU countries and weakest in non-EU East European countries. Interestingly, we find … differentiated strength of spillovers to Russia compared to other non-EU East European countries, which we attribute to its fixed …
Persistent link: https://www.econbiz.de/10012006697
% decrease in manufacturing employment. We document important spillovers for untreated sectors in treated counties, untreated … counties connected via trade and local taxes, whereas we do not find spillovers on counties in the same local labor market. We …
Persistent link: https://www.econbiz.de/10012507883
instruments to study international spillovers of prudential policy changes for bank lending growth. The collective analysis has …, international spillovers vary across prudential instruments and are heterogeneous across banks. Bank-specific factors like balance … sheet conditions and business models drive the amplitude and direction of spillovers to lending growth rates. Third …
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