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After around one year from the natural disaster that affected Japan on March 2011, large uncertainty still exists in the quantification of the global economic impacts. The largest parts of studies mainly accounts for the physical damage excluding the cascading effects generated on world...
Persistent link: https://www.econbiz.de/10010902584
This paper deals with the impact of outsourcing from the EU27 to high and low income countries (defined as aggregates from the WIOD database) on employment demand and simultaneously on energy demand and air emissions. The analysis is based on a model of production (Translog cost function and...
Persistent link: https://www.econbiz.de/10010886626
Policy simulations during the last decades have been heavily relying on standard static CGE models with a small number of industries. Recently DSGE models (usually termed as New Keynesian) have been developed that incorporate dynamic behavior and institutional constraints at the aggregate...
Persistent link: https://www.econbiz.de/10010887898
In the literature, the construction of technical coefficients is linked to flow data (use and make matrices), but stochastics are imposed on the coefficients when multipliers are calculated, by means of the Leontief inverse. Due the nonlinearity of this operation, the multiplier estimates are...
Persistent link: https://www.econbiz.de/10011324552
Perhaps, one of the most relevant issues in constructing regional input-output tables is the estimation of interregional trade flows. Hence, the Regional Statistical Office of Andalusia (Spain) is promoting new research on survey-based estimates of trade flows between the own region and the rest...
Persistent link: https://www.econbiz.de/10011324554
Entrepreneurship is becoming a very relevant instrument to promote economic growth and development in different regional and national economies. However, social scientists have not still agreed on the determinants of the decision to become an entrepreneur. Therefore, there is some concern that...
Persistent link: https://www.econbiz.de/10011324620
Although technical coefficients are estimated on the basis of flow data (use and make matrices), they are rarely treated as random variables. If this is done, an error term is added to the coefficients, rather than derived from the distribution of the data. Even so, the calculation of...
Persistent link: https://www.econbiz.de/10005290485
In the literature, the construction of technical coefficients is linked to flow data (use and make matrices), but stochastics are imposed on the coefficients when multipliers are calculated, by means of the Leontief inverse. Due the nonlinearity of this operation, the multiplier estimates are...
Persistent link: https://www.econbiz.de/10005539492