Showing 1 - 10 of 1,054
The European Transport Industry has been heavily deregulated during the past 30 years, through initiatives that … opening the transport industry have had. By analyzing current data, the impact of economic deregulation on the volume of … transport industry production is studied. The empirical evidence confirm the positive impact on the system wide level suggesting …
Persistent link: https://www.econbiz.de/10011493981
This paper proposes estimating causalities in bilateral international trade in simultaneous systems, including domestic and foreign GDP as well as mutual trade flows. Conventional macroeconomic theory mainly follows partial approaches like import functions or exportled growth. Focusing on the US...
Persistent link: https://www.econbiz.de/10010263683
Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure...
Persistent link: https://www.econbiz.de/10010269741
effects is based on a selection-on-observables assumption, non-causality amounts to the conditional independence of outcomes … a time series setting. This leads to a generalized definition of Sims (1980) causality. A technical contribution is the …
Persistent link: https://www.econbiz.de/10010270625
by) the quantity of money. Our empirical findings, thus, imply a revision of the usual reading which favours causality …
Persistent link: https://www.econbiz.de/10014363244
Among prominent recognized features of the industrialization of animal production over the past half century are growth in the stock of inflexible, or use-dedicated capital, as an input in production, and growth in productivity. Less recognized is a trend toward aseasonal production. We record...
Persistent link: https://www.econbiz.de/10010300802
Persistent link: https://www.econbiz.de/10012642473
Persistent link: https://www.econbiz.de/10012642567
Persistent link: https://www.econbiz.de/10012657708
Persistent link: https://www.econbiz.de/10012256833