Showing 1 - 10 of 37
'growth intertia effect'. A backward economy with a financing regime with centralized decision-making may catch up rapidly … when the convergence effect and the growth inertia effect are in the same direction. However, this regime leads to large …
Persistent link: https://www.econbiz.de/10010928613
growth inertia effect.’ A backward economy with a financing regime with centralized decision-making may catch up rapidly when … the convergence effect and the growth inertia effect are in the same direction. However, this regime leads to large …
Persistent link: https://www.econbiz.de/10010745283
The non-negativity constraint on inventories imposed on the rational expectations theory of speculative storage implies that the conditional mean and variance of commodity prices are non-linear in lagged prices and have a kink at a threshold point. In this paper, the structural parameters of...
Persistent link: https://www.econbiz.de/10010928703
The paper provides a quantitative analysis of the armed confrontation that took place in Greece between the Communist Party and the Centre-Right Government during 1946-1949. Using monthly data for battle casualties a dynamic Lotka-Volterra framework is estimated, pointing to the existence of a...
Persistent link: https://www.econbiz.de/10011126480
We use new data to examine the effects of giant oilfield discoveries around the world since 1946. On average, these discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilfield discoveries also have a dark side: they increase the incidence of...
Persistent link: https://www.econbiz.de/10010745904
We use new data to examine the effects of giant oilfield discoveries around the world since 1946. On average, these discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilfield discoveries also have a dark side: they increase the incidence of...
Persistent link: https://www.econbiz.de/10010746045
discontinuity of per-capita GDP growth partitions Austria's regions into two groups. Clear evidence of discontinuity (a “take … Austria, Bohemia, Silesia, Galicia, Bukovina, and Dalmatia there is instead no evidence of structural break in their growth …) but have moderate effects on the growth of subsequent years. Regional (per-capita) inequality is also evaluated using …
Persistent link: https://www.econbiz.de/10011125886
also suggest that green policies might be able to boost economic growth through induced knowledge spillovers. …
Persistent link: https://www.econbiz.de/10011126025
adverse growth effects of austerity being very short-lived. The literature has only recently shifted its attention to the … qualitative characteristics of fiscal consolidation to explain variations in economic performance (growth) across countries in the … of government – exert significant influence on the impact that austerity has on growth and debt-sustainability. Factoring …
Persistent link: https://www.econbiz.de/10011126268
predicated via three sub-chains (i) from marketization to growth, (ii) from growth to overall material development welfare and …
Persistent link: https://www.econbiz.de/10011126279