Showing 1 - 10 of 535
Summary Since the study of Feldstein/Horioka (1980), the high correlation between investment and saving rates is a … together, the following conclusions can be drawn. Firstly, no long-term relationships exist between the national investment …
Persistent link: https://www.econbiz.de/10014608867
Einfluß der internationalen Telekommunikation: Sinkende internationale Informations- und Transaktionskosten stimulieren den …
Persistent link: https://www.econbiz.de/10014608870
Zusammenfassung Die Bedeutung von Transaktionskosten für die wirtschaftliche Entwicklung war in den letzten Jahrzehnten … Kontroverse um die Frage ins Auge, ob der beobachtete Anstieg des Anteils der Transaktionskosten an der Wertschöpfung in …
Persistent link: https://www.econbiz.de/10014608779
Purpose – The purpose of this paper is to explore the trade and investment potential under the ambit of sub …
Persistent link: https://www.econbiz.de/10014879217
Purpose – This paper examines the long‐term relationship between saving and investment as a criterion for assessing … approach and the Gregory and Hansen cointegration methods to test for the long‐run relationship between saving and investment … between saving and investment and therefore concludes that capital is highly mobile in Saudi Arabia. This finding is plausible …
Persistent link: https://www.econbiz.de/10015013632
Zusammenfassung In dem Beitrag wird das in Deutschland beobachtbare Phänomen der im Vergleich zur Realvermögensbildung überproportionalen Geldvermögensbildung untersucht. Grundlage ist die Finanzierungsrechnung der Deutschen Bundesbank, die eine sektorale Analyse des...
Persistent link: https://www.econbiz.de/10014608799
This paper investigates the long‐ and short‐run determinants of aggregate private savings in Greece employing data over … the period 1961‐2000. The long‐run savings function is estimated based on an extended life‐cycle hypothesis taking into …‐run deviations is presented using vector error‐correction model estimation. The empirical evidence suggests the existence of a stable …
Persistent link: https://www.econbiz.de/10014863037
Purpose – To study the dynamic relationship between saving‐investment in Greece during a period of structural changes … with policy regime changes employing different methods of estimation. Design/methodology/approach – Different empirical … methods are used to estimate the time varying savings retention coefficient. A recursive OLS, rolling OLS, Kalman filter …
Persistent link: https://www.econbiz.de/10014863108
Summary The rise of the East-German economy in the 1950s and 1960s and its decline in the 1970s and 1980s is difficult to explain by neoclassical economics. However; the observed life cycle may be explained by the inclusion of concepts from old and new institutional economics and from functional...
Persistent link: https://www.econbiz.de/10014608780
Summary We analyze the spatial interaction among regions in North America and in Western Europe. We use a gravity model extended by a spatial correlation structure where data allows to evaluate the spatial interaction in two dimensions: level of impact and the length of the spatial tail. This...
Persistent link: https://www.econbiz.de/10014608954