Showing 1 - 10 of 30
How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and … the attendant intensification of international competition? Our empirical approach extends the previous literature by … domestic innovation. Controlling for the amount of domestic R and D, we find evidence that increases in international …
Persistent link: https://www.econbiz.de/10011978592
This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover...
Persistent link: https://www.econbiz.de/10012692504
the link between trade linkages and the comovement of international business cycles (BC) using Korean industry …-level domestic and international input-output data. The results suggest that, at the industry-level, higher export linkages lead to a …
Persistent link: https://www.econbiz.de/10012022016
Keller (1998) reexamines Coe and Helpman’s (1995) analysis of international R&D spillovers focusing on the weights used … estimates of international R&D spillovers, casting doubts on the robustness of Coe and Helpman’s findings. We show that Keller … regressions showing that when they are used to define the foreign R&D capital stock, the estimated international R&D spillover …
Persistent link: https://www.econbiz.de/10014400704
This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on growth in the rest of the world in the short and long term. Short-run estimates based on VARs and error-correction models suggest that spillover effects of China’s growth have...
Persistent link: https://www.econbiz.de/10014402923
We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results point to the continued existence of economic links between...
Persistent link: https://www.econbiz.de/10014402216
This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading partners, as well asfrom the real effective exchange rate (REER). Our results show there are significant cross-country spillovers to the Baltics with those from the EU outweighing...
Persistent link: https://www.econbiz.de/10014402484
Should policymakers still be concerned about economic growth in trading partners? Have developing and emerging market countries decoupled from the US enough to grow despite significant recession in the US? Using VAR models, this paper addresses these questions for Nigeria in the context of the...
Persistent link: https://www.econbiz.de/10014403170
Persistent link: https://www.econbiz.de/10010389989
the COVID-19 pandemic on the auto sector and aggregate activity in Europe. Our results suggest that these labor supply … shocks would have a significant adverse impact on the major auto producers in Europe, with one-third of the decline in the …
Persistent link: https://www.econbiz.de/10013170591