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The causal economic effects of Olympic Games on host regions

Firgo, Matthias - 2019

This paper studies the effects of hosting Olympic Games on the regional economy in the short- and long-run. For identification, runners-up in the Olympic bidding process are used to construct the counterfactual for Olympic host regions. In the short-run, hosting Summer Olympics boosts regional...

Persistent link: https://www.econbiz.de/10012134046

EU cohesion policy on the ground : analyzing small-scale effects using satellite data

Bachtrögler, Julia; Dolls, Mathias; Krolage, Carla; … - 2022

We present a novel approach for analyzing the effects of EU cohesion policy on local economic activity. For all municipalities in the border area of the Czech Republic, Germany and Poland, we collect project-level data on EU funding in the period between 2007 and 2013. Using night light emission...

Persistent link: https://www.econbiz.de/10013466939

Market potential and border effects in Europe

Pfaffermayr, Michael; Huber, Peter; Wolfmayr, Yvonne - 2004

We estimate a linear approximation of the market potential function derived in geography and trade models. Using a spatial econometric estimation approach, border effects can be identified by a differential impact of neighboring regions' purchasing power, depending on whether two regions are...

Persistent link: https://www.econbiz.de/10011494816

Klima- und umweltrelevante öffentliche Ausgaben in Österreich

Köppl, Angela; Schleicher, Stefan P.; … - 2023

Der öffentliche Sektor als Produzent und Konsument von Gütern und Dienstleistungen spielt für Fortschritte in Hinblick auf die ökologische Entwicklung eines Landes eine wichtige Rolle. Das Working Paper beschäftigt sich mit der Erfassung der ökologisch relevanten öffentlichen Ausgaben in...

Persistent link: https://www.econbiz.de/10013490726

Catching-up in Europe : the experiences of Portugal, Spain and Greece in the nineties

Aiginger, Karl - 2003

performance to indicators of cost, regulation and investment into future growth. The convergence process is different in speed … than in the EU. Convergence had been strong in the sixties, disappointing and very different for the three countries in the …

Persistent link: https://www.econbiz.de/10011494163

Convergence in structure and productivity in European manufacturing?

Gugler, Klaus; Pfaffermayr, Michael - 2000

We find very fast convergence in productivity for the 99 3-digit European industries over the 1985-1998 period …. According to our estimates half of any productivity gap is closed on average in 10 years. The speed of convergence is much … higher than obtained previously in the literature. Convergence in industrial structure is, however, much slower than …

Persistent link: https://www.econbiz.de/10011491798

The link between financial globalisation and integration into global value chains and macroeconomic impacts

Hölzl, Werner - 2021

This paper examines the association between participation in global value chains and financial globalisation measured by international net and capital flows. The results show that financial globalisation and the rise of global value chains are related but not two sides of the same coin. In fact,...

Persistent link: https://www.econbiz.de/10012584810

Structural change towards services

Hölzl, Werner - 2021

This paper examines broad patterns of structural change for a large number of countries on a global scale and for a smaller set of advanced industrialised countries over time. The findings show that structural change over the past decades followed the three-sector hypothesis. The past decades...

Persistent link: https://www.econbiz.de/10012584832

From prosperity into the crisis and back : on the role of economic theories in the long cycle : paper presented at the FMM Conference in Berlin, October 25 - 27, 2018 "10 Years aft...

Schulmeister, Stephan - 10 Years after the Crash: What have we learned? …; … - 2018

We use individual level data covering 30 mostly post-communist and developing countries which account for over a fifth of the worldwide immigrant stock to assess the impact of risk aversion on the willingness to migrate. Consistent with theories of individual level migration decisions, risk...

Persistent link: https://www.econbiz.de/10011944132

Digitization and the evolution of money as a social technology of account

Peneder, Michael - 2021

From Aristotle to Ricardo and Menger, economists have emphasised the function of money as a medium of exchange together with the intrinsic qualities that increase its saleability and credibility as a most liquid store of value. But the social institution of money co-evolves with technology. It...

Persistent link: https://www.econbiz.de/10012436776