Showing 1 - 10 of 135
This discussion paper resulted in a publication in 'Applied Financial Economics', 2011, 21, 95-116.<P> This paper documents the existence of large structural breaks in the unconditional correlations among the British pound, Norwegian krone, Swedish krona, Swiss franc, and euro exchange rates...</p>
Persistent link: https://www.econbiz.de/10011255883
This paper documents the existence of large structural breaks in the unconditional correlations among the British pound, Norwegian krone, Swedish krona, Swiss franc, and euro exchange rates (against the US dollar) during the period 1994-2003. Using the framework of dynamic conditional...
Persistent link: https://www.econbiz.de/10005137141
This paper studies the connection between trade and growth in the context of a partial and inconsistent liberalization … for the closer integration with Russia and the impact of this process on Belarus growth led us to the conclusion that the … conclusion is supported by the results of country-specific growth regressions and of a counterfactual "free trade experiment" via …
Persistent link: https://www.econbiz.de/10011256548
This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly … manufacturing labour-productivity developments. Furthermore, we find labour-productivity growth to be higher on average than energy …
Persistent link: https://www.econbiz.de/10011255666
A major question in the globalization debate is whether outsourcing and offshoring activities are beneficial to the home country. This paper investigates the effects on productivity and trade from the perspective of transaction costs, using a recent theory on trade in tasks. A production...
Persistent link: https://www.econbiz.de/10011255886
, taxation and growth,most empirical analyses arerestricted to simple linear regressions of growth on some measure of … knowledgeon the complex relationship between fiscal policies and economic growth, notonly nationally but also regionally. …
Persistent link: https://www.econbiz.de/10011255976
This paper makes use of a new dataset to investigate energy intensity developments in the Netherlands over the period 1987-2005. The dataset allows for a comparison with 18 other OECD countries. A key feature of our analysis is that we combine a cross-country perspective with a high level of...
Persistent link: https://www.econbiz.de/10011256047
This paper uses a new dataset derived from a consistent framework of national accounts to compute and evaluate energy intensity developments across 18 OECD countries and 50 sectors over the period 1970-2005. We find that across countries energy intensity levels tend to increase in a fairly wide...
Persistent link: https://www.econbiz.de/10011256243
forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity …
Persistent link: https://www.econbiz.de/10005016264
This paper addresses the interplay between economic growth, energy use, change in sectoral composition and … considerably to macroeconomic energy-productivity growth while in other countries they partly offset energy-efficiency improvements … also find labour productivity growth to be higher on average than energy productivity growth. Over time, this bias towards …
Persistent link: https://www.econbiz.de/10005144433