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Public debt, economic growth and the real interest rate : a panel VAR approach to EU and OECD countries
Jacobs, Jan; Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - In: Applied economics 52 (2020) 12, pp. 1377-1394
Persistent link: https://www.econbiz.de/10012197534
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Public debt, economic growth and the real interest rate: A panel VAR approach to EU and OECD countries
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - 2016
We investigate the causal relationship between the public debt to GDP ratio and economic growth for 31 EU and OECD countries from 1995 to 2013. A number of studies have tackled this problem, but very few make the transmission mechanism explicit in their analysis. We estimate a panel VAR model...
Persistent link: https://www.econbiz.de/10011564936
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International R&D Spillovers and Marginal Social Returns on R&D
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - 2016
We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We divide the aggregate R&D stock by the business, government and education sectors and examine the impact on Total Factor Productivity. We endogenize the accrual of the R&D...
Persistent link: https://www.econbiz.de/10011584954
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International spillovers of R&D and marginal social returns
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - In: Review of International Economics 27 (2019) 3, pp. 936-954
Persistent link: https://www.econbiz.de/10012096882
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Redistributional view of trade credit revisited : evidence from micro data of Japanese small firms
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - 2009
Persistent link: https://www.econbiz.de/10003902784
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Multiple bank relationships and the main bank system : evidence from a matched sample of Japanese small firms and main banks
Ogawa, Kazuo (contributor); Sterken, Elmer (contributor);  … - 2007 - Rev.
Persistent link: https://www.econbiz.de/10003488580
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Why do Japanese firms prefer multiple bank relationship? : some evidence from firm-level data
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - In: Economic systems 31 (2007) 1, pp. 49-70
Persistent link: https://www.econbiz.de/10003429293
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Multiple bank relationships and the main bank system : evidence from a matched sample of Japanese small firms and main banks
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - In: The economics of imperfect markets : the effects of …, (pp. 73-90). 2010
Persistent link: https://www.econbiz.de/10003911064
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Financial distress and industry structure : an inter-industry approach to the "Lost Decade" in Japan
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - 2010
Persistent link: https://www.econbiz.de/10008796541
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Public debt, economic growth and the real interest rate : a panel VAR approach to EU and OECD countries
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - 2016
We investigate the causal relationship between the public debt to GDP ratio and economic growth for 31 EU and OECD countries from 1995 to 2013. A number of studies have tackled this problem, but very few make the transmission mechanism explicit in their analysis. We estimate a panel VAR model...
Persistent link: https://www.econbiz.de/10011418197