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Corruption, growth, and the environment : a cross-country analysis

Welsch, Heinz - 2003

-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given … corruption on pollution. The indirect effect via income is positive or negative depending on the income level. If negative, the … corruption. Because this relationship is particularly strong at low income levels, developing countries can considerably improve …

Persistent link: https://www.econbiz.de/10011438821

Does aging influence sectoral employment shares? : evidence from panel data

Thießen, Ulrich (contributor); … - 2008

quarrying industries. At the same time, increasing share of the elderly people in the society positively affects employment …

Persistent link: https://www.econbiz.de/10003726070

Analysis of the world market for steam coal using a complementarity model

Haftendorn, Clemens (contributor); … - 2008

With its resource availability and the prospect of climate friendly technology, coal continues to play an important role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to analyze the level of competition in this market which is...

Persistent link: https://www.econbiz.de/10003779155

Does the nominal exchange rate regime affect the real interest parity condition?

Dreger, Christian (contributor) - 2008

The real interest partity (RIP) condition combines two cornerstones in international finance, uncovered interest parity (UIP) and ex ante purchasing power parity (PPP). The extent of deviation from RIP is therefore an indicator of the lack of product and financial market integration. This paper...

Persistent link: https://www.econbiz.de/10003779164

Long-Term contracts and asset specificity revisited : an empirical analysis of producer-importer relations in the natural gas industry

Neumann, Anne (contributor); … - 2006

In this paper, we analyze structural changes in long-term contracts in the international trade of natural gas. Using a unique data set of 262 long-term contracts between natural gas producers and importers, we estimate the impact of different institutional, structural and technical variables on...

Persistent link: https://www.econbiz.de/10003285712

Ecological labelling in North-South trade

Althammer, Wilhelm (contributor); … - 2006

We investigate in a horizontal product differentiation model with North-South trade the implications of a home bias in consumers' demand for labelled goods. We compare mutual recognition and international harmonisation of ecological labels with respect to firms' profits and welfare. Northern...

Persistent link: https://www.econbiz.de/10003346259

International wealth effects

Slacalek, Jirka (contributor) - 2006

This paper investigates the wealth effect for 16 industrial countries using the recently proposed technique that exploits the sluggishness of consumption growth. I estimate that the longrun marginal propensity to consume from wealth varies from less than 0.5 cents in France to 4.5 cents in the...

Persistent link: https://www.econbiz.de/10003338206

Forecasting the fragility of the banking and insurance sector

Bernoth, Kerstin; Pick, Andreas - 2009

This paper considers the issue of forecasting financial fragility of banks and insurances using a panel data set of performance indicators, namely distance-to- default, taking unobserved common factors into account. We show that common factors are important in the performance of banks and...

Persistent link: https://www.econbiz.de/10003832732

Representing GASPEC with the World Gas Model

Egging, Ruud; Holz, Franziska; Hirschhausen, Christian … - 2008

countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production … North America would be affected more than other parts of the world. Lastly, the vulnerability of gas importers worldwide on … ; trade ; cartel ; collusion ; World Gas Model …

Persistent link: https://www.econbiz.de/10003793058

Strategic investment in international gas-transport systems : a dynamic analysis of the hold-up problem

Hubert, Franz (contributor); Suleymanova, Irina (contributor) - 2008

We develop a dynamic model of strategic investment in a transnational pipeline system. In the absence of international contract enforcement, countries may distort investment in order to increase their bargaining power, resulting in overinvestment in expensive and underinvestment in cheap...

Persistent link: https://www.econbiz.de/10003793068

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