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Focusing more on the evolution of the Romanian external trade and FDI inflows after 2007 - the year of Romania's EU integration - the paper provides insights in the trade and FDI inflows determinants in the context of the convergence process and also in relation to the financial global crisis....
Persistent link: https://www.econbiz.de/10009650791
Statistical data display a high level of sectorial and geographical concentration in the exports of three Central European new member states of the European Union: the Czech Republic, Hungary and Slovakia. All the three export huge quantities of the products of certain sectors of engineering...
Persistent link: https://www.econbiz.de/10011444395
The volume index of GDP reflects the change in real income generated by production, which differs from the change in real domestic income (RGDI) available consumption and investment in case of movements in the terms of trade (ToT). If the ToT improve (the price index of exports is above that of...
Persistent link: https://www.econbiz.de/10012290298
Significant cross-country differences in real income levels are accompanied by sizable differences in price levels, and, in the longer run, convergence in real income levels goes together with convergence in price levels. Although the cross-country comparison of nominal per capita GDP levels at...
Persistent link: https://www.econbiz.de/10012604945
Statistical data display a high level of sectorial and geographical concentration in the exports of three Central European new member states of the European Union: the Czech Republic, Hungary and Slovakia. All the three export huge quantities of the products of certain sectors of engineering...
Persistent link: https://www.econbiz.de/10011345028
Significant cross-country differences in real income levels are accompanied by sizable differences in price levels, and, in the longer run, convergence in real income levels goes together with convergence in price levels. Although the cross-country comparison of nominal per capita GDP levels at...
Persistent link: https://www.econbiz.de/10012582298
The volume index of GDP reflects the change in real income generated by production, which differs from the change in real domestic income (RGDI) available consumption and investment in case of movements in the terms of trade (ToT). If the ToT improve (the price index of exports is above that of...
Persistent link: https://www.econbiz.de/10012107299
We revisit the debt overhang question. We first use non-parametric techniques to isolate a panel of countries on the downward sloping section of a debt Laffer curve. In particular, overhang countries are ones where a threshold level of debt is reached in sample, beyond which (initial) debt ends...
Persistent link: https://www.econbiz.de/10005707944
input taxes depend on the shape of the production process and the degree of imperfect competition. The presence of input tax …
Persistent link: https://www.econbiz.de/10005418791
In this study we examine the association between subjective well-being and material welfare using the data of 3600 individuals from the TÁRKI Household Monitor for the year 2007. Most of the empirical papers on the effect of income on subjective well-being use either OLS regression or ordered...
Persistent link: https://www.econbiz.de/10010494553