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Österreich, Finnland und Schweden in der EU - Wirtschaftliche Auswirkungen
Breuss, Fritz - 2003
Persistent link: https://www.econbiz.de/10011435128
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The Limiting Distribution of Production in Integrated Economies: Evidence from US States and EU Countries
Bowen, Harry P.; Munandar, Haris; Viaene, Jean-Marie - 2005
We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share … equal-share relationship is the limiting distribution of output and factors among members of a fully integrated economy, and … it constraints the set of policies that can affect each member’s relative growth within an integrated economy. We …
Persistent link: https://www.econbiz.de/10010325430
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Climate change, economic growth, and health
Ikefuji, Masako; Magnus, Jan R.; Sakamoto, Hiroaki - 2010
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous …
Persistent link: https://www.econbiz.de/10010332438
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Economic growth and budgetary components: a panel assessment for the EU
Afonso, António; González Alegre, Juan - 2008
In this paper we test whether a reallocation of government budget items can enhance long-term GDP growth in a set of European countries. We apply modern panel data techniques to the period 1970-2006, and we use three alternative dependent variables in a growth regression: economic growth, total...
Persistent link: https://www.econbiz.de/10011604894
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Government size, composition, volatility and economic growth
Afonso, António; Furceri, Davide - 2008
This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government...
Persistent link: https://www.econbiz.de/10011604895
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The impact of high and growing government debt on economic growth: an empirical investigation for the euro area
Checherita-Westphal, Cristina; Rother, Philipp - 2010
This paper investigates the average impact of government debt on per-capita GDP growth in twelve euro area countries over a period of about 40 years starting in 1970. It finds a non-linear impact of debt on growth with a turning point—beyond which the government debt-to-GDP ratio has a...
Persistent link: https://www.econbiz.de/10011605283
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Social capital, innovation and growth: evidence from Europe
Akçomak, I. Semih; ter Weel, Bas - 2008
This paper investigates the interplay between social capital, innovation and per capita income growth in the European Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels. In an empirical investigation of 102 European regions...
Persistent link: https://www.econbiz.de/10010277206
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Artificial Intelligence and the clustering of human capital: The risks for Europe
Brey, Björn; Van der Marel, Erik - 2023
Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the productivity trend. For such AI-generated growth to work, high...
Persistent link: https://www.econbiz.de/10014560197
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Climate change and economic growth: Some critical reflections
Greiner, Alfred - 2022
Empirical studies analyzing the effect of climate change on output growth sometimes neglect economic variables. This yields a biased picture of the growth process and does not represent a good approximation of the true data generating process. Thus, the question arises how valid the results are...
Persistent link: https://www.econbiz.de/10014565900
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From welfare to farewell: The European social-ecological state beyond economic growth
Laurent, Éloi - 2021
This working paper is intended to shed light on a pressing issue: the apparent growth-dependency of European welfare states at a time of weak growth prospects and strong criticisms of growth. Indeed, while the notion of going beyond GDP growth is gaining momentum in the European Union, as...
Persistent link: https://www.econbiz.de/10014565948