This paper assesses the role of intra-sectoral spillovers in total factor productivity across Chinese producers in the chemical industry. We use a rich panel data-set of 12,552 firms observed over the period 2004 - 2006 and model output by the firm as a function of skilled and unskilled labor,...

In this paper, we use data from a new household-level panel survey to estimate short- and long-run price elasticities of residential electricity demand in Switzerland. We exploit Switzerland's unique local variation in topography-related grid maintenance costs and electricity taxation, to...

In the present paper an empirical analysis will point out that austerity measures due to high levels of government debt as a percentage of GDP have (among others) a positive impact on social unrest measured by the number of strikes. The empirical findings of the present paper support the view of...

In the present paper an empirical analysis will point out that government debt as a percentage of GDP has a negative impact (among others) on banking profitability. This impact will be even worse when this debt as a percentage of GDP exceeds a certain critical level. The sample covers during the...

In the present paper it will be pointed out with a panel data econometric model that there is a trade-off between government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the Eviews software package. This finding can be of use...

In the present paper it will be pointed out with a panel data econometric model that government debt puts banking sector at stake since the volume of not performing loans goes up. The estimation of the model is made feasible through the Eviews software package. The present paper is based on...

In the present paper it will be estimated econometrically with panel data the change in household consumption structure due to population ageing (as also claimed by Martins et al., 2005). Our sample will cover western European EC members. Data are drawn from Eurostat as well as OECD. The...

In the present paper an empirical analysis will point out that in all industrial countries ageing population growth causes an even faster increase in health expenditure (% GDP). This phenomenon will affect among others economic growth as well as consumption structure. This phenomenon...

Usually the higher Government Debt country borrows money from other countries having lower Government Debt. This will end up with a higher lending rate in all countries. So, the spillover of a high debt problem in one country will cause pressures for higher interest rates in all remaining...