Showing 1 - 10 of 3,703
This paper addresses the question whether the results of input-output (IO) impact analyses differ (and to what extent) when a framework in current prices or in constant prices is used. We consider the effect of an exogenous stimulus of final demand in current prices on (a) gross output in...
Persistent link: https://www.econbiz.de/10009583687
New Silk Road railways have provided cross-continental rail freight services between China and Eurasian countries since … China. To address the issue of endogenous placement of railways, we utilize the generalized synthetic control method. We … countries based on whether they share boundary with China …
Persistent link: https://www.econbiz.de/10014097366
we know about the price-setting behavior of firms, income distribution, and inflation. We do that in juxtaposition to two … heterogeneity across sectors or the position of the firms in the distribution of markups. …
Persistent link: https://www.econbiz.de/10014449786
The nature of international trade has changed significantly. For centuries, trade concentrated on the exchange of finished goods. It now increasingly involves bits of value that are added at different locations to combine into one final product. Therefore, trade in functions or tasks are of...
Persistent link: https://www.econbiz.de/10003944713
The nature of international trade has changed significantly. For centuries, trade concentrated on the exchange of finished goods. It now increasingly involves bits of value that are added at different locations to combine into one final product. Therefore, trade in functions or tasks are of...
Persistent link: https://www.econbiz.de/10009355411
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/10009126526
Asymmetric climate policies are expected to distort the level-playing field regarding international trade, singularly to the detriment of small open economies. The paper develops a flexible method that provides essential input regarding the design of offsetting measures. It builds on...
Persistent link: https://www.econbiz.de/10008749036
Fiscal spending multiplier calculations have been revived in the aftermath of the global financial crisis. Much of the current literature is based on VAR estimation methods and DSGE models. The aim of this paper is not a further deepening of this literature but rather to implement a calculation...
Persistent link: https://www.econbiz.de/10009126063
This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...
Persistent link: https://www.econbiz.de/10012262529
competitiveness and income distribution for two ‘PIIGS economies’, i.e. Greece and Italy. The findings reveal certain differentiated …
Persistent link: https://www.econbiz.de/10012033513