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Global value chains and productivity : micro evidence from Estonia

Banh, Hang T.; Wingender, Philippe; Gueye, Cheikh - 2020

participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the … are important to raise aggregate productivity and potential growth in Estonia …

Persistent link: https://www.econbiz.de/10012252668

On the Fast Track to EU Accession : Macroeconomic Effects and Policy Challenges for Estonia

Taube, Günther - 1999

This paper assesses the macroeconomic impact and policy challenges related to Estonia’s prospective accession to the EU …-based illustrative scenario using MULTIMOD. We conclude that the welfare enhancing effects for Estonia of further EU integration are … Estonia’s accession-related adjustment, its fiscal and structural policies should be geared toward mitigating domestic demand …

Persistent link: https://www.econbiz.de/10014400750

Assessing the Risk of Private Sector Debt Overhang in the Baltic Countries

Herzberg, Valerie - 2010

Between 2000 and 2007 nonfinancial private sector credit expanded rapidly in the Baltic countries, resulting in a non-negligible build-up of debt. Could this legacy debt hold back the economic recovery of the region? This paper analyzes the setting in each of the three countries and, with the...

Persistent link: https://www.econbiz.de/10014402659

Globalization Drives Strategic Product Switching

Moreno Badia, Marialuz - 2008

Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm …

Persistent link: https://www.econbiz.de/10014401739

The Estonian Currency Board : Its Introduction and Role in the Early Success of Estonia's Transition to a Market Economy

Sutt, Andres - 2002

, 1992, Estonia became the first country from the former Soviet Union to abandon the Russian ruble and introduce its own … assesses the economic impact of the reform and also compares Estonia''s experience with that of its Baltic neighbors. It … concludes that although the currency board arrangement made an important contribution to the early success of Estonia …

Persistent link: https://www.econbiz.de/10014399419

Adjustment Under a Currency Peg : Estonia, Latvia and Lithuania During the Global Financial Crisis 2008-09

Purfield, Catriona - 2010

The paper traces the Baltics’ adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita income levels back to 2005/06 levels. In response to this shock, the Baltics...

Persistent link: https://www.econbiz.de/10014397545

Narrowing vertical fiscal imbalances in four European countries

Karpowicz, Izabela - 2012

Persistent link: https://www.econbiz.de/10009572314

Income inequality, fiscal decentralization and transfer dependency

Goerl, Caroline-Antonia; Seiferling, Mike - 2014

Persistent link: https://www.econbiz.de/10010359985

Regional disparities and fiscal federalism in Russia

Dynnikova, Oksana; Kyobe, Annette; Slavov, Slavi - 2021

This paper examines how regional disparities have evolved in Russia and how Russia's system of intergovernmental fiscal relations is managing these disparities. Regional disparities have fallen over the past two decades but remain relatively high. Socioeconomic outcomes remain worse in lagging...

Persistent link: https://www.econbiz.de/10012613358

Designing fiscal redistribution : the role of universal and targeted transfers

Coady, David; Le, Nghia-Piotr - 2020

There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the benefits of targeting are clear, id est, a larger poverty impact for a given transfer budget or lower fiscal cost for a given poverty...

Persistent link: https://www.econbiz.de/10012252049