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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
' hypothesis that foreign innovation activities tap into foreign R and D and improve home productivity through knowledge spillovers … their R and D. The strength of knowledge spillovers depends on the direction of technology sourcing. Knowledge externality …
Persistent link: https://www.econbiz.de/10011848116
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395947
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10014403965
countries, suggest that R&D spillovers from the industrial countries in the North to the developing countries in the South are …
Persistent link: https://www.econbiz.de/10014398245
The COVID-19 pandemic prompted a collapse in international tourism, severely impacting the tourism-dependent economies in the Asia and Pacific region. Once countries start reopening, tourism diversion effects could accelerate the recovery in countries that establish themselves as more attractive...
Persistent link: https://www.econbiz.de/10012796804
This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify...
Persistent link: https://www.econbiz.de/10012605013
This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the … past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers … historical estimates, together with the network structure of global production, to quantify the spillovers from the economic …
Persistent link: https://www.econbiz.de/10012605501
value added of the car sector attributable to spillovers via supply chains within and across borders. Within borders, the … associated demand effects. Across borders, spillovers from the pandemic-induced labor supply shocks that originate in other …
Persistent link: https://www.econbiz.de/10013170591