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Russia is one of the most heterogeneous countries, consisting of more than 80 regions. Among other features, its … beginning of the second decade of the century was marked by the serious breakthrough in Russia?s role in the processes of global … and regional integration. Russia, Belarus and Kazakhstan arranged a functioning customs union (CU RBK), and in 2012 Russia …
Persistent link: https://www.econbiz.de/10010740357
Using a set of regional inflation rates we examine the dynamics of inflation dispersion within the U.S.A., Japan and across U.S. and Canadian regions. We find that inflation rate dispersion is significant throughout the sample period in all three samples. Based on methods applied in the...
Persistent link: https://www.econbiz.de/10010986384
Using a unique data set of regional inflation rates we are examining the extent and dynamics of inflation dispersion in major EMU countries before and after the introduction of the euro. For both periods, we find strong evidence in favor of mean reversion (?-convergence) in inflation rates....
Persistent link: https://www.econbiz.de/10010986440
Persistent link: https://www.econbiz.de/10009642941
We estimate the marginal cost of life using age- and gender-specific health care expenditures and mortality rates of the 26 Swiss cantons for the period 1997 to 2006. We show triple the marginal cost of saving a life for women as compared to men, reflecting a lower marginal elasticity of medical...
Persistent link: https://www.econbiz.de/10005009683
Regional diversity may influence the nature and effectiveness of public sector activities through many economic and political channels. The most important and prominent manifestation of diversity in Canada has been the rise to dominance in the largely francophone province of Quebec of a...
Persistent link: https://www.econbiz.de/10005642057
Policy objectives and measures of support to less favoured areas have undergone significant changes during the last reforms of the CAP. Regardless of changes in policy objectives and methods of its implementation, the LFA support remains one of the most important implementation mechanisms of...
Persistent link: https://www.econbiz.de/10011125213
The Polish food economy in the first years of EU membership. The impact of the European Union structural funds on rural development in the first years of membership. The general concept of rural development support from structural funds and the Cohesion Fund in 2007-2013. The monitoring and...
Persistent link: https://www.econbiz.de/10011078043
Large exporters are simultaneously large importers. In this paper, we show that this pattern is key to understanding low aggregate exchange rate pass-through as well as the variation in pass-through across exporters. First, we develop a theoretical framework that combines variable markups due to...
Persistent link: https://www.econbiz.de/10011272758
This paper evaluates Czech economic development during 2001 and is supplemented by the predictions of basic economic indicators for 2002 and 2003. This article is divided in several parts. In the beginning we focus on economic growth, including a marginal analysis of GDP and industrial...
Persistent link: https://www.econbiz.de/10005258019