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This study uses country-level panel data on consumption in Ireland and seven other OECD countries to examine the … evolution of Irish consumption patterns as Ireland underwent rapid macroeconomic growth. Consumption levels obviously increased … changed or whether Ireland's consumption mix has converged with that of other high-income countries. Rankings based on a …
Persistent link: https://www.econbiz.de/10003519331
We explore income and consumption smoothing patterns among European Community (EC) countries and among OECD countries during the period 1966--90. We find that, for OECD as well as for EC countries, about 40 percent of shocks to GDP are smoothed at the one year frequency, with about half the...
Persistent link: https://www.econbiz.de/10014070630
The paper examines the evolution of consumption patterns in Organization for Economic Co-operation and Development (OECD) countries from 1985 to 1999. Estimation of demand function parameters uncovered consistent evidence that differences in consumption patterns have recently diminished between...
Persistent link: https://www.econbiz.de/10014071054
This volume was prepared by Julian Dieler while he was working with the Center for Energy, Climate and exhaustible Resources at the Ifo Institute for Economic Research. At the latest since the adoption of the Kyoto Protocol in 1997 climate policies are permanently on the international policy...
Persistent link: https://www.econbiz.de/10011742402
Ineffective institutions increase transaction costs and reduce trade. This paper shows that differences in the effectiveness of institutions offer an explanation for the tendency of OECD countries to trade disproportionately with each other, and with non-OECD countries.
Persistent link: https://www.econbiz.de/10011334343
To estimate correctly the effect of variable trade costs on firms’ exports, the gravity equation should control for the number of firms that participate in foreign markets. Due to the absence of these data, previous studies control for this omitted variable using econometric strategies that...
Persistent link: https://www.econbiz.de/10009766156
We use data on the subjective well-being (SWB) of more than 91,000 individuals in 30 member countries of the Organization for Economic Cooperation and Development (OECD) to assess the well-being effects of unemployment, inflation and national income growth. The relationships found are used to...
Persistent link: https://www.econbiz.de/10010438692
While existing literature points to a positive impact of FDI on host countries’ growth, little is known about how inward FDI contributes to economic volatility in the host country. In this paper, we investigate the FDI-output growth volatility nexus focusing on manufacturing sectors of OECD...
Persistent link: https://www.econbiz.de/10013259908
Persistent link: https://www.econbiz.de/10003870707
Persistent link: https://www.econbiz.de/10001600110