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International R and D Spillovers and Institutions
Hoffmaister, Alexander W. - 2008
The empirical analysis in ""International R&D Spillovers"" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
Persistent link: https://www.econbiz.de/10014400689
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Trade linkages, balance sheets, and spillovers : the Germany-Central European Supply Chain
Elekdaǧ, Selim Ali; Muir, Dirk - 2013
Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in a process of deepening economic integration which has lead to the development of a dynamic supply chain within Europe—the Germany-Central European Supply Chain (GCESC). Model-based simulations suggest two key...
Persistent link: https://www.econbiz.de/10012667496
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Demographics, pension systems and the saving-investment balance
Chai, Hua; Kim, Jun-il - 2018
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10011978553
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Trade uncertainty and investment in the euro area
Ebeke, Christian; Siminitz, Jesse - 2018
We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five …
Persistent link: https://www.econbiz.de/10011978678
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Sizing up the effects of technological decoupling
Cerdeiro, Diego A.; Eugster, Johannes; Mano, Rui; Muir, Dirk - 2021
decouple via 'preferential attachment' - id est by aligning themselves with the hub they trade most with. All global technology …
Persistent link: https://www.econbiz.de/10012518889
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Can international technological diffusion substitute for coordinated global policies to mitigate climate change?
Barrett, Philip - 2021
In short, yes. I use a multi-region integrated assessment model with fuel-specific endogenous technical change to examine the impact of Europe and China reducing emissions to zero by mid-century. Without international technological diffusion this is insufficient to avoid catastrophic climate...
Persistent link: https://www.econbiz.de/10012610702
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IT shields : technology adoption and economic resilience during the COVID-19 pandemic
Pierri, Nicola; Timmer, Yannick - 2020
We study the economic effects of information technology (IT) adoption during the COVID-19 pandemic. Using data on IT … adoption covering almost three million establishments in the US, we find that technology adoption can partly shield the economy …
Persistent link: https://www.econbiz.de/10012391986
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Tax evasion from cross-border fraud : does digitalization make a difference?
Kitsios, Emmanouil; Jalles, João Tovar; Verdier, Geneviève - 2020
How can governments reduce the prevalence of cross-border tax fraud? This paper argues that the use of digital technologies offers an opportunity to reduce fraud and increase government revenue. Using data on intra-EU and world trade transactions, we present evidence that (i) cross-border trade...
Persistent link: https://www.econbiz.de/10012392581
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Tech in fin before FinTech : blessing or curse for financial stability?
Pierri, Nicola; Timmer, Yannick - 2020
Motivated by the world-wide surge of FinTech lending, we analyze the implications of lenders' information technology …-performing loans during the crisis. Our results suggest that technology adoption in lending can enhance financial stability through the …
Persistent link: https://www.econbiz.de/10012252731
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The structural determinants of the labor share in Europe
Dimova, Dilyana - 2019
employment protection, unemployment benefits and unemployment benefits have been the main contributors. Technology and …
Persistent link: https://www.econbiz.de/10012009975