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1999 haben die Euroländer im Durchschnitt mehr Wirtschaftswachstum erzielt als Deutschland, und ein großer Teil der … das deutsche Pro-Kopf-Wirtschaftswachstum unter sonst gleichen Bedingungen jährlich um fast einen Prozentpunkt höher … höherem Wirtschaftswachstum in Deutschland führen würde. Das Potentialwachstum könnte 2017 um 0,6 Prozentpunkte höher sein …
Persistent link: https://www.econbiz.de/10010317212
While many countries in the euro area are deep in recession due to a debt and structural crisis, the German economy appears to have excelled compared to many other euro area countries. Unemployment has fallen to the lowest level since German reunification, economic output has grown by over eight...
Persistent link: https://www.econbiz.de/10010318051
In this paper we report on new data on intangible investment at the level of 1-digit NACE industries of 10 EU countries. The data are constructed as a sectoral breakdown of the INTANInvest database, which contains measures of intangible investment at the level of the aggregate business sector....
Persistent link: https://www.econbiz.de/10010319609
We attempt to replicate for the UK the Corrado, Hulten and Sichel (2005, 2006) work on spending on intangible assets in the US. Their work suggests private sector expenditure (investment) on intangibles is about 13% (11%) of US GDP 1998-2000, with intangible investment about equal to tangible...
Persistent link: https://www.econbiz.de/10010284183
We discuss the relationship between the retirement process of the capital, as formalized by its survival function, and the average retirement rate, and how this relationship is affected by changes in the investment path. The effect of the survival function on the age distribution of the capital...
Persistent link: https://www.econbiz.de/10010284355
This paper analyses the decentralization of decisionmaking in aid-giving in a theoretical rent-seeking framework. In this analysis the root donor establishes a necessary criterion for potential recipients: good governance. The potential recipients compete in hierarchal contests for funds. The...
Persistent link: https://www.econbiz.de/10010284555
This paper surveys 50 years of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. It argues that studies dating until the late 1990s produced either contradictory or inconclusive results. Aid either worked, or it didn’t,...
Persistent link: https://www.econbiz.de/10010284685
Tässä raportissa tarkastellaan aineettomien investointien eriä Tilastokeskuksen mikroaineistoilla. Jo yritystasolla aineettomat investoinnit ovat suurempia kuin aineelliset ja niiden huomioiminen muuttaa käsityksiämme monista perussuureista: esimerkiksi yrityssektorin arvonlisäyksen taso...
Persistent link: https://www.econbiz.de/10010284925
The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long run (since 1890) and in the medium run (since 1980). During the past century, the United States has...
Persistent link: https://www.econbiz.de/10010290092
National income accounts view most business expenditures on intangible goods as acquisitions of intermediate inputs that get entirely used up in the production of final output. After arguing against this convention, I construct a data set to document firms' expenditures on an identifiable list...
Persistent link: https://www.econbiz.de/10010290324