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This paper presents a framework for analyzing in quantitative and monetary terms the macroeconomic effects associated with the construction and operation of large energy investments, including the impact on Gross Domestic Product (GDP), employment and public revenues, by sector of economic...
Persistent link: https://www.econbiz.de/10011442986
China's trade surplus is often heavily criticized in political and economic debates, accompanied by claims for a … revaluation of the Chinese currency, the Renminbi (RMB). While the main arguments exchanged in the current discourse appear to … investigating bilateral trade balances between China and 11 of her main trading partners. Being the first to use structural …
Persistent link: https://www.econbiz.de/10012899706
The unprecedented lockdown measures implemented by many countries in the wake of the COVID-19 pandemic have created a need for tools to assess their economic costs. For this purpose, we present a novel dynamic input-output modelling framework which we apply to an estimation of the economic...
Persistent link: https://www.econbiz.de/10013248328
We extend the regional input-output model for the economic impact assessment of Covid-19 lockdowns in Italy proposed in Reissl et al. (2021) by incorporating the effects of changes in mobility on the level and composition of consumption demand. We estimate the model on sectoral data for 2020 and...
Persistent link: https://www.econbiz.de/10012816237
The exploration of the structural features and sectoral interdependences of and in an economy is fundamental for the understanding of its modes of functioning and of its transformations over time. Input-output analysis is largely used to fulfill this objective. Furthermore, information provided...
Persistent link: https://www.econbiz.de/10009739511
We develop a network trade model with country-sector level input-output linkages. It includes (1) domestic and global value chain linkages between all country-sectors, (2) direct as well as indirect shipments (via other sectors and countries) to a final destination, (3) value added rather than...
Persistent link: https://www.econbiz.de/10011962330
The unprecedented lockdown measures implemented by many countries in the wake of the COVID-19 pandemic have created a need for tools to assess their economic costs. For this purpose, we present a novel dynamic input-output modelling framework which we apply to an estimation of the economic...
Persistent link: https://www.econbiz.de/10012436316
We assess the sectoral impact of the implementation of a "green" employer of last resort (ELR) program in the US, based on an environmental modification of an extended Kurz's (1985) multiplier framework and data from OECD Input-Output tables. We use these multipliers to estimate the impact of an...
Persistent link: https://www.econbiz.de/10013484643
Persistent link: https://www.econbiz.de/10009374096
Persistent link: https://www.econbiz.de/10003760652