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Macroeconomic Implications of Agglomeration
Davis, Morris A. - 2011
Cities exist because of the productivity gains arising from clustering production and workers, a process called agglomeration. How important is agglomeration for aggregate growth? This paper constructs a dynamic stochastic general equilibrium model of cities and uses it to estimate the effect of...
Persistent link: https://www.econbiz.de/10013134020
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Fiscal consolidations
Brueckner, Markus - 2021
I examine whether action-based fiscal consolidations are exogenous to contemporaneous GDP growth. Based on the narrative record, these fiscal consolidations had the primary objective to reduce a budget deficit. I find that temperature changes, the GDP growth rate of trading partners, and an...
Persistent link: https://www.econbiz.de/10013220168
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Macroeconomic implications of agglomeration
Davis, Morris A.; Fisher, Jonas D. M.; Whited, Toni Marion - 2010
The authors construct a dynamic general equilibrium model of cities and use it to estimate the effect of local agglomeration on per capita consumption growth. Agglomeration affects growth through the density of economic activity: higher production per unit of land raises local productivity....
Persistent link: https://www.econbiz.de/10008660588
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Macroeconomic Implications of Agglomeration
Davis, Morris A.; Fisher, Jonas D. M.; Whited, Toni M. - 2011
Cities exist because of the productivity gains arising from clustering production and workers, a process called agglomeration. How important is agglomeration for aggregate growth? This paper constructs a dynamic stochastic general equilibrium model of cities and uses it to estimate the effect of...
Persistent link: https://www.econbiz.de/10014198993
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Empirical Analysis of the Effects of Investment on the Macroeconomic Variables in the Sudanese Economy
Mohamed, Issam A.W - 2011
Most developing and underdeveloped countries beside Sudan suffer from the low levels of income in addition to the low savings that are result from the lack of sophisticated savings channels. Hence, the investment depends on the individual's abilities on self savings, where the investment is...
Persistent link: https://www.econbiz.de/10014180024
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What effect does development aid have on productivity in recipient countries? : an analysis using quantiles and thresholds
Nowak-Lehmann D., Felicitas; Groß, Elena - 2015
Development aid does not always exert the desired positive effect on economic growth in recipient countries and it is even feared that it may reduce total factor productivity (TFP) and may discourage recipient countries ́efforts. This study seeks to contribute to the research on aid...
Persistent link: https://www.econbiz.de/10011383601
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Economic Impacts of Global Terrorism : From Munich to Bali
Barth, James R.; Li, Tong; McCarthy, Don; Phumiwasana, … - 2006
This paper examines the impact of terrorism on economic growth and capital formation using data for 152 countries from 1970 to 2003.During the past thirty-five years, the world has witnessed nearly twenty thousand terrorist incidents. The increasingly global scope of terrorism has raised...
Persistent link: https://www.econbiz.de/10014059225
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Relationship between climate change and agriculture at the EU level
Ilić, Ivana; Jovanovi´c, Sonja; … - In: Ekonomske teme 60 (2022) 3, pp. 323-342
) according to the achieved level of environmental performance in agriculture and climate change in 2020. The data used for this … statistical analysis were employed. The study focuses on Climate change and Agriculture, two factors of the Ecosystem Vitality … between the two environmental policy areas, agriculture and climate change. Also, the cluster analysis showed that most of the …
Persistent link: https://www.econbiz.de/10014281867
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Sequencing and the Success of Gradualism : Empirical Evidence from China's Agricultural Reform
de Brauw, Alan; Huang, Jikun; Rozelle, Scott - 2012
This paper provides evidence regarding gains to agricultural market liberalization in China. We empirically identify the different effects that incentive reforms and gradual market liberalization have on China's agricultural economy during its transition period. We find that average gains within...
Persistent link: https://www.econbiz.de/10014109448
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The Climate Challenge for Agriculture and the Value of Climate Services: Application to Coffee-Farming in Peru
Lechthaler, Filippo; Vinogradova, Alexandra - 2016
The use of climate information in economic activities, typically provided by climate services, may serve as a possible adaptation strategy to changing climate conditions. The present paper analyzes the value of climate services aimed at improving agricultural productivity through a reduction in...
Persistent link: https://www.econbiz.de/10011753295