Showing 1 - 10 of 20
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...
Persistent link: https://www.econbiz.de/10013155378
While the actions of economists and politicians can be influenced by facts, statistics or empirical predictions, narratives are becoming an increasingly important factor for the decision making in the field of economics and politics. Evaluating such narratives not at selective points in time but...
Persistent link: https://www.econbiz.de/10013366011
Identifying narratives in texts is a challenging task, as not only narrative elements such as the factors and events have to be identified but their semantic relation has to be explained as well. Despite this complexity, an effective technique to extract narratives from texts can have a great...
Persistent link: https://www.econbiz.de/10013366012
The prompt availability of information on the current state of the economy in real-time is required for prediction purposes and crucial for timely policy adjustment and economic decision-making. While important macroeconomic indicators are reported only quarterly and also published with...
Persistent link: https://www.econbiz.de/10013366013
Expanding regional eligibility in the access to grants can have important consequences for the performance of firms. We examine a quasi-natural experiment that consisted of a redrawing of administrative areas intended to increase accessibility to European Union (EU) funds using a rich...
Persistent link: https://www.econbiz.de/10013366014
Applied econometrics has recently emphasized the identification of causal parameters for policy analysis. This … approach - part of the modern applied econometrics toolkit - in regional science and highlight special features of regional … zeigen, dass eine derartige Regionalpolitik grundsätzlich effektiv - dies jedoch nur bis zu einer bestimmten 'maximalen …
Persistent link: https://www.econbiz.de/10010289823
Applied econometrics has recently emphasized the identification of causal parameters for policy analysis. This … approach – part of the modern applied econometrics toolkit – in regional science and highlight special features of regional …
Persistent link: https://www.econbiz.de/10010860284
The purpose of this paper is to assess the implications of the Economic and Monetary Union (EMU) accession of eight Central and Eastern European Countries (CEECs) on their share in EMU-12 imports. Overcoming biases related to endogeneity, omitted variables and sample selection, our results...
Persistent link: https://www.econbiz.de/10010264693
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10010265796
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...
Persistent link: https://www.econbiz.de/10010271856