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economic performance of Ireland's regions since independence. Using an array of data sources available at a county level … measures, we find a reduction in regional inequality over the period that is similar to the broader European pattern. Regional … these figures. Finally, we connect our estimates to these official figures to examine GDP at the level of NUTS regions up to …
Persistent link: https://www.econbiz.de/10014575207
This paper explores the transmission of non-capital shocks through banking networks. We develop a methodology to construct non-capital (idiosyncratic) shocks, using labor productivity shocks to large firms. We document a change in the relationship between foreign idiosyncratic shocks and...
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We consider a multi-sector general equilibrium model with IO linkages, sector-specific productivities and tax rates. Using tools from network theory, we investigate how the IO structure interacts with productivities and taxes in the determination of aggregate income. We show that aggregate...
Persistent link: https://www.econbiz.de/10011491913
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid-1990s onwards, fallen significantly behind. Using...
Persistent link: https://www.econbiz.de/10010496054
In this paper we analyse the effects of technological innovation in the artificial intelligence (AI) domain on productivity. We embed the recently released data on patents and publications related to AI into an augmented panel model of productivity growth, estimated for OECD countries, and...
Persistent link: https://www.econbiz.de/10013175558
This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural resources (NR) and in technologically advanced products. The empirical analysis exploits product-level export data for 109 developing and 51 developed economies over the period...
Persistent link: https://www.econbiz.de/10013175560
Theories of international trade have severe difficulties in explaining why, despite i) substantial differences in factor-proportions across industries and ii) considerable cross-country differences in capital-labor ratios, the iii) the evidence for factor-proportions trade is rather weak. We...
Persistent link: https://www.econbiz.de/10011944069