Showing 1 - 10 of 474
The paper examines the applicability of GDP-linked bonds for the financing of developing countries and emerging markets. GDP-linked bonds are bonds of which the coupon and/or redemption payments are tied to the GDP of the issuing country. The study encompasses a detailed empirical analysis of...
Persistent link: https://www.econbiz.de/10010297388
This study analyses relative sectoral specialisation of EU regions on the basis of investment and employment patterns. Controlling for heteroscedasticity and potential endogeneity in the econometric analysis, we find that relative specialisation in manufacturing sectors is higher in central...
Persistent link: https://www.econbiz.de/10010297368
This paper conducts a spatial econometric analysis of the determinants of regional specialisation patterns. Spatial autocorrelation is present, but is mostly due to spatial error autocorrelation. Spatial interaction due to economic interdependencies is only evident for some few labour-intensive...
Persistent link: https://www.econbiz.de/10010297369
This paper analyses the level of relative specialisation in terms of gross fixed capital formation in EU regions. Larger market and regional sizes diminish; a higher unemployment rate, population density, the fact of being a central region, the distance to the economic centre, and economic...
Persistent link: https://www.econbiz.de/10010297952
This paper analyses the level of relative specialisation in terms of gross fixed capital formation in EU regions for the period between 1985 and 1994. Controlling for heteroscedasticity and potential endogeneity problems, we get consistent econometric results. Larger market and regional sizes...
Persistent link: https://www.econbiz.de/10010298086
the volumes of export of Ukrainian manufacturing firms, using unpublished panel data from 1996?2000. Economic theory … in order to test for industrial and regional spillovers. The estimation results suggest that large firms, durable …
Persistent link: https://www.econbiz.de/10010297304
. The estimation results confirm the importance of the firm?s physical and intangible resources as well as the influence of …
Persistent link: https://www.econbiz.de/10010297494
The relationship between individual firms? export behaviour and firm performance has been studied extensively in the …-exporting companies, using the firms? export status as a binary treatment variable and comparing the performance of exporting and non … individual firms? export behaviour. Instead of a binary treatment variable, the GPS method allows for continuous treatment, that …
Persistent link: https://www.econbiz.de/10010297536
In this paper we analyse the relationship between export and innovation activities of German service sector companies … Schumpeterian hypothesis of export activities being mainly driven by innovation activities. Factor endowment theories are only … partially supported. While human capital significantly improves export performance, labour costs hamper it only in selected …
Persistent link: https://www.econbiz.de/10010297651
productivity and export volumes. Second, we look for spillover or indirect effects. There is statistical evidence that the levels …
Persistent link: https://www.econbiz.de/10010298136