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What drives export market shares? : it depends! : an empirical analysis using Bayesian Model Averaging
Osbat, Chiara; Benkovskis, Konstantins; Bluhm, Benjamin; … - 2017
investigate the drivers of export market shares of 25 EU countries, considering a wide range of traditional indicators along with … from China have strongly affected export performance since the early 2000s. In the case of old EU Member States, investment …, quality of institutions and available liquidity to firms also appear to play a role. For the new EU Member States, labour and …
Persistent link: https://www.econbiz.de/10011697375
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One scheme fits all : a central fiscal capacity for the EMU targeting eurozone, national and regional shocks
Beetsma, Roel; Cimadomo, Jacopo; Spronsen, Josha van - 2022
This paper proposes a central fiscal capacity for the euro area that generates transfers in response to euro area, country, and region-specific shocks. The main novelty of this fiscal capacity is that it allows a joint response to these three types of shocks within a single scheme. Based on...
Persistent link: https://www.econbiz.de/10013252988