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The overall degree of international equity market connectedness has gradually increased over the past two decades. Reflecting the shift in global economic power, it has been recently suggested to pay more attention to the BRICT (Brazil, Russia, India, China, and Turkey) countries. Building on,...
Persistent link: https://www.econbiz.de/10010886701
potential impact of wind generated electricity produced in Germany on other European electricity markets, by employing MGARCH … (Germany and Switzerland), OMEL (Spain and Portugal), Nord Pool (Finland, Denmark and Norway) and Powernext (France) with wind … potential effects of Germany´s energy transition on level and volatility of electricity spot prices in Germany and in other …
Persistent link: https://www.econbiz.de/10010887927
Analyzing the dynamics of structural change of an industry is a fundamental but challenging issue in economics. Accordingly, many attempts have been made to rationalize entry and exit decisions of firms, which, in total, appear as structural change of a sector. Among the most often hypothesized...
Persistent link: https://www.econbiz.de/10010887937
model and simulate with each model version a move from a unfunded towards a funded pension system in Germany. The simulation …
Persistent link: https://www.econbiz.de/10010887938
. Whereas Germany holds a strong trade surplus other neighbouring countries show a deep trade deficit. The result is that some … economies in Europe have built-up high debts in order to purchase foreign products, whereas others – like Germany – have … Monetary Fund, Christine Lagarde, has expressed her dislike of the German growth model: by reducing labour unit costs, Germany …
Persistent link: https://www.econbiz.de/10010887950
Renewable energy deployment is growing rapidly on a global scale. China, Germany, Japan and the US are among the … countries with highest capacity of renewables installed. In Germany, for example, the large growth in renewable power generation …. & Edler, D. (2012): Green jobs? Economic impacts of renewable energy in Germany. Energy Policy 40, DOI 10.1016/j.enpol.2012 …
Persistent link: https://www.econbiz.de/10010902700
-output model INFORGE (INterindustry FORecasting Germany) developed by GWS. The model has been used for economic forecasts and …
Persistent link: https://www.econbiz.de/10010902737
Structural change is a fundamental phenomenon that accompanies the development of market-based economies. Structural change in agriculture can be understood in a broad sense as adjustments of economic entities in the agricultural sector in response to various driving forces. Depending on the...
Persistent link: https://www.econbiz.de/10010902738
intensive industries. The basic idea behind our analysis is that energy policies in Germany create a certain electricity market … occurrences in Germany have direct implications for the competitiveness of energy intensive industries in other European countries … plants in Germany. Currently, they are crowded out of the electricity market by extensive renewable energy promotion under …
Persistent link: https://www.econbiz.de/10010902740
. Whereas Germany holds a strong trade surplus other neighbouring countries show a deep trade deficit. The result is that some … economies in Europe have built-up high debts in order to purchase foreign products, whereas others – like Germany – have … Monetary Fund, Christine Lagarde, has expressed her dislike of the German growth model: by reducing labour unit costs, Germany …
Persistent link: https://www.econbiz.de/10010902741