The economic gap between the EU and three candidate countries - Bulgaria, Romania and Turkey - is significant. Living standards, as measured by GDP per capita at PPP, are less than one third of the level prevailing in the former EU-15 u0096 and about half of the average level in the new member...

The report summarises the results generated in empirical analysis within a larger EU's 5th framework programme for research and development on the determinants of productivity gaps between the current EU-15 and accession states in central and eastern Europe. The focus of research in this part of...

This paper assesses empirically the effects of oil price shocks on the real economic activity of the main industrialised countries. Multivariate VAR analysis is carried out using both linear and nonlinear models. The latter category includes three approaches employed in the literature, namely,...

We present a general equilibrium model of the global oil market, in which the oil price, oil production, and consumption, are jointly determined as outcomes of the optimizing decisions of oil importers and oil exporters. On the supply side the oil market is modelled as a dominant firm – Saudi...

This report provides an update of the trends to 2030 published in 2003. The new baseline takes into account a high energy import price environment, the unsatisfactory economic growth of recent years and the more subdued growth prospects taking into account demographic developments. It includes,...

Dieses Grünbuch möchte als Katalysator wirken, um auf allen Ebenen der europäischen Gesellschaft – sei es auf EU-Gemeinschaftsebene, sei es auf einzelstaatlicher, regionaler oder kommunaler Ebene – auf eine erneuerte Energieeffizienz-Initiative hinzuwirken. ... Wettbewerbsfähigkeit und...

Die Auswirkungen unseres Konsums sind weltweit spürbar: Die EU ist abhängig von der Einfuhr von Energie und Rohstoffen, und ein immer größerer Anteil der in Europa verbrauchten Produkte wird in anderen Teilen der Welt produziert. Nicht-nachhaltige Verbrauchs- und Produktionsmuster haben...