Showing 1 - 10 of 338
Persistent link: https://www.econbiz.de/10009785490
In this study, we employ the novel measure of a VAR-based spillover index, developed by Diebold and Yilmaz (2012) to investigate the time-varying relationship between tourism and economic growth in selected European countries. Overall, the findings suggest that (i) the tourism-economy...
Persistent link: https://www.econbiz.de/10011374294
in Romania. In 2001, Romania introduced an unexpected personal income tax break to programmers with eligible bachelor … 2001, the IT sector grew faster in Romania than in otherwise similar countries. Finally, downstream sectors relying more on … IT services also grew faster in Romania after 2001. Our results suggest that this policy has been effective in promoting …
Persistent link: https://www.econbiz.de/10012850520
groups: the treatment group that included Bulgaria and Romania and the control group that included Armenia, China, Egypt … Romania. However, these effects have become noticeable only since 2014, seven years after the EU accession. Therefore, we … & Recommendations: We demonstrate that the real GDP per capita of Bulgaria and Romania increased on average by 188 and 644 USD per year …
Persistent link: https://www.econbiz.de/10015374427
main concerns for the tourism industry in Romania in the autumn of 2020 and 2) to identify immediate measures to support … eleven prestigious hotels in the mountain region of Valea Prahovei in Romania. The outcomes show their considerations on …
Persistent link: https://www.econbiz.de/10012821277
Nach der Empfehlung der Europäischen Kommission, Beitrittsverhandlungen mit der Ukraine aufzunehmen, wird der Europäische Rat darüber auf seinem Gipfel im Dezember entscheiden. Dies ist ein historischer Schritt, der, besonders vor dem Hintergrund des andauernden russischen Angriffskriegs,...
Persistent link: https://www.econbiz.de/10014446318
Monetary policy in CEE is an important determinant in the wage bargaining process, because trade unions have to predict inflation as one component of future real wages. This paper scrutinizes whether countries in CEE that officially announce an inflation target are tempted to act...
Persistent link: https://www.econbiz.de/10010308235
Investment in East Germany is heavily subsidized. Econometric estimates based on a treatment approach show that the level of investment is significantly higher in firms being supported by state aid. Nevertheless, capital productivity is lower in East Germany, indicating a misallocation of...
Persistent link: https://www.econbiz.de/10010316360
Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its member states and to speed up the process ofconvergence. This paper empirically explores the effectiveness of European Structural Fundsby means of a panel data analysis for 13...
Persistent link: https://www.econbiz.de/10010324809
Italien leidet politisch und ökonomisch unter der Finanzkrise in der Europäischen Union. Das Wachstum ist negativ und die Arbeitslosigkeit steigt. Obwohl die Neuverschuldung verringert wurde und die Handelsbilanz Überschüsse aufweist, bleibt ein Zinsspread bestehen. Zudem ist zu befürchten,...
Persistent link: https://www.econbiz.de/10010471340