Showing 1 - 10 of 479
We estimate a model of international technological spillovers that allows for both international and inter … direct technology transfer is positive while there are negative R&D spillovers. However, since R&D is found to positively … affect TFP in own sector, the model implies that after accounting for both R&D and TFP spillovers, there is a total positive …
Persistent link: https://www.econbiz.de/10013089240
This paper investigates the factors behind developments in inflation expectations in euro area, the U.S. and the U.K. over the sample 2005-2015. Our analysis unveils the presence of a quantitatively important spillover from euro area long-term inflation expectations onto international ones, in...
Persistent link: https://www.econbiz.de/10013013644
This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity and export performance among European economies. We use the information compiled in the Trade module of CompNet to establish new stylized facts regarding the joint distributions...
Persistent link: https://www.econbiz.de/10011605833
We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs – measured by linguistic and geographical proximity – are more relevant for trade that reflects cross-border...
Persistent link: https://www.econbiz.de/10012956243
In this paper a semiparametric stochastic metafrontier approach is used to obtain insight into firm-level competitiveness in Europe. We differ from standard TFP studies at the firm level as we simultaneously allow for inefficiency, noise and do not impose a functional form on the input-output...
Persistent link: https://www.econbiz.de/10011605746
This paper provides an encompassing description of the various indicators compiled in the financial module of CompNet using balance sheet information of European firms. We investigate whether and to which extent the heterogeneous financial positions of firms have affected firms’ investment...
Persistent link: https://www.econbiz.de/10011605881
We estimate a model of international technological spillovers that allows for both international and inter … direct technology transfer is positive while there are negative R&D spillovers. However, since R&D is found to positively … affect TFP in own sector, the model implies that after accounting for both R&D and TFP spillovers, there is a total positive …
Persistent link: https://www.econbiz.de/10011605549
This paper uses detailed micro data on service exports at the firm-destination-service level to analyse the role of firm heterogeneity in shaping aggregate service exports in Belgium, France, Germany and Spain from 2003 to 2007. We decompose the level and the growth of aggregate service exports...
Persistent link: https://www.econbiz.de/10011804412
We investigate the role of corruption in the business environment in explaining the efficiency of within-sector production factor allocation across firms in nine Central and Eastern European countries in the period 2003-2012. Using a conditional convergence model, we find evidence of a positive...
Persistent link: https://www.econbiz.de/10012984204
The aim of the paper is to analyse the factors behind the rapid trade integration of the Central and Eastern European countries with the euro area in the past ten years and to gauge the potential for further integration. We use as benchmark an enhanced gravity model estimated with a large sample...
Persistent link: https://www.econbiz.de/10011604591