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Economic development and industrial concentration: An inverted U-curve
Junius, Karsten - Institut für Weltwirtschaft (IfW) - 1996
This paper sets up an economic geography model to show the endogenous forces that determine the degree of industry concentration in the course of economic development. The model includes centrifugal forces, such as home market effects and access to intermediate suppliers, and centripetal forces,...
Persistent link: https://www.econbiz.de/10009276434
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Limits to industrial agglomeration
Junius, Karsten - Institut für Weltwirtschaft (IfW) - 1996
equal dispersion of industries, this paper explains why limits to industrial agglomeration can be observed in reality. It …
Persistent link: https://www.econbiz.de/10009277713
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Disproportionality Measures of Concentration, Specialization, and Polarization
Bickenbach, Frank; Bode, Eckhardt - Institut für Weltwirtschaft (IfW) - 2006
The paper extends the methodological toolbox of measures of industrial concentration and regional specialization. First, a taxonomy is proposed which gives rise to a modular construction system for disproportionality measures based on three characteristic features: the projection function, the...
Persistent link: https://www.econbiz.de/10005818782
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Globalization, Integration and Regional Specialization
Krieger-Boden, Christiane - Institut für Weltwirtschaft (IfW) - 2000
Globalization and European integration are substantially changing the interregional division of labor in Europe and the industrial specialization of European regions, thereby potentially affecting the extent of disparities between countries and regions. This paper reviews several theoretical...
Persistent link: https://www.econbiz.de/10005700549
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Structural Cohesion in Europe: Stylized Facts
Bickenbach, Frank; Bode, Eckhardt; Krieger-Boden, Christiane - Institut für Weltwirtschaft (IfW) - 2010
This paper establishes eight stylized facts on the evolution of the localization of economic activity across industries and regions in the EU-15 since 1980. Localization, which nests concentration and specialization, is measured by a Theil index. The stylized facts reveal a broad aggregate trend...
Persistent link: https://www.econbiz.de/10008784524
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European Integration and the Case for Compensatory Regional Policy
Krieger-Boden, Christiane - Institut für Weltwirtschaft (IfW) - 2002
The ongoing process of European integration is likely to increase trade and factor mobility thereby increasing interregional competition and affecting the interregional division of labor. From a theoretical standpoint, rising specialization and polarization of European regions may result from...
Persistent link: https://www.econbiz.de/10005566199
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DART97: A Description of the Multi-regional, Multi-sectoral Trade Model for the Analysis of Climate Policies
Klepper, Gernot; Peterson, Sonja; Springer, Katrin - Institut für Weltwirtschaft (IfW) - 2003
The DART model is a multi-sectoral, multi-regional dynamic computable general equilibrium model of the world developed for the analysis of international climate policies. Since the first version of DART was developed at the Kiel Institute for World Economics in 1998, the model has undergone a...
Persistent link: https://www.econbiz.de/10005566189
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Fiscal targeting rules and economic stability under distortionary taxation
Reicher, Claire - Institut für Weltwirtschaft (IfW) - 2014
can result in instability, while a debt-level targeting rule, irrespective of GDP, can result in stability. A primary … deficit target may result in instability for the debt but stability for output, while a total deficit target can result in … stability for both debt and output. A fiscal reaction function similar to those found in the macro literature may result in …
Persistent link: https://www.econbiz.de/10010942768
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Money Demand Stability and Inflation: Prediction in the Four Largest EMU Countries
Neaves, Abelardo Salazar; Hossfeld, Oliver; Hagen, Jan; … - Institut für Weltwirtschaft (IfW) - 2008
In this paper we analyze the money demand functions of the four largest EMU countries and of the four-country (EMU-4) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 aggregate. For the case of Italy, results are less...
Persistent link: https://www.econbiz.de/10005818904
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Is core money growth a good and stable inflation predictor in the euro area?
Carstensen, Kai - Institut für Weltwirtschaft (IfW) - 2007
. Using an out-of-sample forecasting exercise and a stability analysis, it is shown that core money growth carries important …
Persistent link: https://www.econbiz.de/10005700521