Showing 1 - 10 of 198
This paper studies the degree of integration of China's domestic market and investigates the determinants of inter-provincial trade barriers under the rubric endogenoustrade policy theory. I rely on industry-level trade flows extracted from provincial input-output tables to develop a model that...
Persistent link: https://www.econbiz.de/10010325322
Persistent link: https://www.econbiz.de/10014545925
This paper investigates the sources of structural change in the Brazilian economy in the 2000s. On that purpose, it uses the input-output structural decomposition analysis and introduces a method to correct the influence of prices on the time behavior of the technical coefficients, making them...
Persistent link: https://www.econbiz.de/10010330618
Many economic models (e.g., computable general equilibrium models, econometric input-output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input-output tables and these are only...
Persistent link: https://www.econbiz.de/10011552000
The rise of the service economy has been the predominant pattern of structural change in the twentieth century. This article investigates the driving forces behind the recent stages of this development. Focusing on international input - output data from the early 1970s to the 1990s, a...
Persistent link: https://www.econbiz.de/10011435074
EU climate and energy policy defines ambitious objectives for the EU member countries requiring a fundamental change of energy systems. This paper suggests basing the analysis of restructuring options on energy services instead of energy flows. In order to provide the energy services in a...
Persistent link: https://www.econbiz.de/10011435325
In recent decades, the international division of labor expanded rapidly in course of globalization. In this context, highly developed countries specialized on (human) capital intensively manufactured goods and increasingly sourced parts and components from lowwage countries. Since this should be...
Persistent link: https://www.econbiz.de/10010285500
The use of input-output analysis for the computation of secondary effects of final demand changes is well-known. These 'final demand effects' can be calculated using technical coefficients and the inverse of the Leontief matrix. This paper offers an alternative to the use of technical...
Persistent link: https://www.econbiz.de/10011506589
In this paper we find evidence that the new economic geography approach is able to describe and explain the spatial characteristics of an economy, in our case the German economy. Using German district data we estimate the structural parameters of a new economic geography model as developed by...
Persistent link: https://www.econbiz.de/10010295495
We model aggregate credit losses on large portfolios of financial positions contracted with firms subject to both cyclical default correlation and direct default contagion processes. Cyclical correlation is due to the dependence of firms on common (macro-) economic factors; credit contagion...
Persistent link: https://www.econbiz.de/10010296447