Showing 1 - 10 of 56
This paper presents an updated meta-analysis of the effect of currency unions on trade, focusing on the Euro area. Using meta-regression methods such as funnel asymmetry test, evidence for strong publication bias is found. The estimated underlying effect for non-Euro studies reaches about 50%....
Persistent link: https://www.econbiz.de/10010322281
The present paper conducts a meta-analysis of literature on intra-industry spillovers from foreign direct investment, using 97 different outcomes from 67 empirical studies. Apart from the traditional approach, robust meta-regression, random-effects model, and normal probability regression are...
Persistent link: https://www.econbiz.de/10010322304
The principal argument for subsidizing foreign investment is the assumed spillover of technology to local firms. Yet researchers report mixed results on spillovers. To examine the phenomenon in a systematic way, we collected 3,626 estimates from 57 empirical studies on between-sector spillovers...
Persistent link: https://www.econbiz.de/10010322318
The transmission of monetary policy to the economy is generally thought to have long and variable lags. In this paper we quantitatively review the modern literature on monetary transmission to provide stylized facts on the average lag length and the sources of variability. We collect 67...
Persistent link: https://www.econbiz.de/10010322335
The impacts of renewable energy production and German nuclear phase-out on the electricity transmission systems in Central Europe is investigated with focus on the disparity between the growth of renewable production and the pace at which new electricity transmission lines have been built,...
Persistent link: https://www.econbiz.de/10012063450
representative weeks. The first scenario focuses on the effect of Energiewende on the transmission networks, the second one drops out …
Persistent link: https://www.econbiz.de/10011787294
production mix. The second scenario focuses on the effect of German Energiewende policy on the transmission networks as expected …
Persistent link: https://www.econbiz.de/10011787295
Despite its importance for policy purposes (including climate policy and the energy transition), evidence about the price elasticity of natural gas demand in the residential sector is very limited and based on inference from situations with modest variation in prices. We focus on a locale and...
Persistent link: https://www.econbiz.de/10012063493
We present a meta-regression analysis of the relation between the concentration of carbon dioxide in the atmosphere and changes in global temperature. The relation is captured by "climate sensitivity", which measures the response to a doubling of carbon dioxide concentrations compared to...
Persistent link: https://www.econbiz.de/10011340624
National borders reduce trade, but most estimates of the border effect seem puzzlingly large. We show that major methodological innovations of the last decade combine to shrink the border effect to a one-third reduction in international trade flows worldwide. The border effect varies across...
Persistent link: https://www.econbiz.de/10011340625