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The Effect of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies
Konings, Jozef - eSocialSciences - 2009
productivity performance of domestic firms in three emerging economies of Central and Eastern Europe, Bulgaria, Romania and Poland …
Persistent link: https://www.econbiz.de/10008458161
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External Balance Adjustment: An Intra-National and International Comparison
Smith, Constance - Department of Economics, University of Alberta - 2011
Large external imbalances have become a policy concern. This study investigates the determinants of external balances for regions within a single country — Canadian provinces — as well as for a sample of 18 OECD countries. External balance adjustment may differ for provinces since there are...
Persistent link: https://www.econbiz.de/10009318571
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A Tradeoff between the Output and Current Account Effects of Pension Reform
Catalan, Mario; Magud, Nicolas E. - International Monetary Fund (IMF) - 2012
We compare the long-term output and current account effects of pension reforms that increase the retirement age with those of reforms that cut pension benefits, conditional on reforms achieving similar fiscal targets. We show the presence of a policy trade-off. Pension reforms that increase the...
Persistent link: https://www.econbiz.de/10010790246
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Twin deficits: new evidence from a developing (oil vs. non-oil) countries’ perspective
Eldemerdash, Hany; Metcalf, Hugh; Maioli, Sara - In: Empirical Economics 47 (2014) 3, pp. 825-851
We test the relationship between the current account and fiscal policy for a group of small open developing economies with fixed exchange rates some of which are oil exporters. Specifically, we test the viewpoint of a Ricardian infinite-horizon representative agent model in which lower public...
Persistent link: https://www.econbiz.de/10010994453
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Does Financial and Goods Market Integration Matter for the External Balance? A Comparison of OECD Countries and Canadian Provinces
Smith, Constance - Department of Economics, University of Alberta - 2010
Large current account deficits have become a policy concern. The trend toward international capital market liberalization has improved access to foreign pools of saving which has allowed the expansion of current account deficits. There are minimal barriers to capital flows within a country, so...
Persistent link: https://www.econbiz.de/10008472645
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Indian bank efficiency and productivity changes with undesirable outputs: A disaggregated approach
Fujii, Hidemichi; Managi, Shunsuke; Matousek, Roman - In: Journal of Banking & Finance 38 (2014) C, pp. 41-50
The objective of this study is to examine technical efficiency and productivity growth in the Indian banking sector over the period from 2004 to 2011. We apply an innovative methodological approach introduced by Chen et al. (2011) and Barros et al. (2012), who use a weighted Russell directional...
Persistent link: https://www.econbiz.de/10010719840
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Bulgaria; 2012 Article IV Consultation--Staff Report; Public Information; and Statement by the Executive Director for Bulgaria
International Monetary Fund (IMF); International … - 2012
Bulgaria did not have any exchange rate crisis, international bailout, bank intervention, or build-up of public debt …
Persistent link: https://www.econbiz.de/10011245064
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Geopolitics vs. Globalization in the Balkans: The New Rivalries in the Energy and Transport Sectors
Klimov, Blagoy - Volkswirtschaftliche Fakultät, … - 2003
The research focuses on how present Balkan political elites declare that they would adhere to the values of integrating and globalizing Europe in their Balkan policy, while de facto employing the ‘arsenal’ of geopolitical egoistic planning. I also argue that narrow geopolitical planning in...
Persistent link: https://www.econbiz.de/10005836970
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A horizontális és vertikális ágazaton belüli agrárkereskedelem meghatározó tényezői: Bulgária és Románia esete
Jámbor, Attila - In: GAZDÁLKODÁS: Scientific Journal on Agricultural Economics 57 (2013) 5
A tanulmány az ágazaton belüli agrárkereskedelem országspecifikus meghatározó tényezőit elemzi Bulgária és Románia … belüli agrárkereskedelemre kimutatható alacsony értékek azonban arra utalnak, hogy Bulgária és Románia agrárkereskedelmének … agri-food trade of Bulgaria and Romania with the European Union. As literature focusing on agricultural aspects of the …
Persistent link: https://www.econbiz.de/10011249636
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The Fiscal Consequences of Unrestricted Immigration from Romania and Bulgaria
Ruist, Joakim - Nationalekonomiska institutionen, Handelshögskolan - 2014
When Romania and Bulgaria joined the EU in 2007 Sweden was one of two EU15 countries that did not restrict access to …
Persistent link: https://www.econbiz.de/10011019113