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spillovers: trade, co-patenting and geographical proximity. Both our panel and instrumental variable estimations for European …Productivity across European regions is related to three types of networks that mediate R&D-related knowledge … regions suggest that network relations are crucial sources of R&D spillovers, but with potentially different features. While …
Persistent link: https://www.econbiz.de/10011772896
Alarmed by the persistent and large US trade deficit vis-à-vis China and the rapidly swelling Chinese foreign exchange …. Thus, a moderate appreciation of the RMB would not equilibrate the bilateral trade flows or remedy current account …
Persistent link: https://www.econbiz.de/10011790336
Alarmed by the persistent and large US trade deficit vis-à-vis China and the rapidly swelling Chinese foreign exchange …. Thus, a moderate appreciation of the RMB would not equilibrate the bilateral trade flows or remedy current account …
Persistent link: https://www.econbiz.de/10008840269
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed … produced with a clean and a dirty input. I show that a temporary Northern policy combining clean research subsidies and a trade … tax can ensure sustainable growth but Northern carbon taxes alone cannot. Trade and directed technical change accelerate …
Persistent link: https://www.econbiz.de/10011084402
Across the world, a structural growth slowdown is underway: at current trends, the global potential growth rate - the maximum rate at which an economy can grow without igniting inflation - is expected to fall to a three-decade low over the remainder of the 2020s. The slowdown could be even more...
Persistent link: https://www.econbiz.de/10014540975
Across the world, a structural growth slowdown is underway: at current trends, the global potential growth rate - the maximum rate at which an economy can grow without igniting inflation - is expected to fall to a three-decade low over the remainder of the 2020s. The slowdown could be even more...
Persistent link: https://www.econbiz.de/10014282834
efficiency of countries by considering three major channels of embodied and disembodied spillovers, namely trade, foreign direct … behind productivity and technical progress, while the effects of FDI- and patent-related spillovers are significantly smaller …With ever increasing global integration, productivity improvements depend not only on in-house innovative efforts, but …
Persistent link: https://www.econbiz.de/10011109280
spillovers to highincome countries. The results suggest that for each slowdown of 2 percentage points in EMEs, highincome … countries’ growth could be around ⅔ percentage points lower on average, with around ½ percentage point accounted for by trade … turbulence. OECD countries which would be hit hardest include Belgium, Japan and the Netherlands, reflecting mainly strong trade …
Persistent link: https://www.econbiz.de/10011276844
The purpose of this paper is to evaluate the role of trade in productivity growth in a sample of 30 sectors in 25 EU … industries and only to a lower extent result from a shift towards higher productivity activities. Trade is found to be an … hour worked in these countries appear to be mainly due to positive developments (rising productivity) within single …
Persistent link: https://www.econbiz.de/10011800366
from German industries can be explained by knowledge spillovers, channeled through the export of intermediate goods. Our … study is based on a sample of 27 German trade partners in 14 manufacturing industries for the period 2004 to 2016. Using … by German R&D expenditure. The relationship between these spillovers and learning seems to be particularly strong in …
Persistent link: https://www.econbiz.de/10014316501