Showing 229,891 - 229,900 of 231,177
Persistent link: https://www.econbiz.de/10011544504
This paper presents evidence that high speed rail systems, by bringing economic agents closer together, sustainably promote economic activity within regions that enjoy an increase in accessibility. Our results on the one hand confirm expectations that have led to huge public investments into...
Persistent link: https://www.econbiz.de/10011544752
Does the common currency promote goods market integration within the EMU? We argue that such an effect is likely, but that the mechanism typically proposed lover costs of arbitrage because of increased price transparency is likely to be of minor importance. Instead we sketch a duopoly model...
Persistent link: https://www.econbiz.de/10011546093
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743
Cohesion policy and regional policy as a main part of cohesion policy are the most important policies of European Union. This could also be view from the volume of financial resources allocated for these policies. One of the main current research issues is analyzing efficiency and effectiveness...
Persistent link: https://www.econbiz.de/10011546908
The increasing openness of economies and the phenomenon of globalization has led to know-how and innovation becoming the key factors for business in terms of competitiveness. Thus, the fact that the activities and services are increasingly innovative means that the construction of innovation is...
Persistent link: https://www.econbiz.de/10011547134
activities in a given community. The European coverage is achieved by using data on 255 NUTS-2 regions of the 25 pre-2007 EU …
Persistent link: https://www.econbiz.de/10011548229
One of the main goals of the European Research Area (ERA) concept is to improve coherence and integration across the European research landscape by removing barriers for collaborative knowledge production in a European system of innovation. The cornerstone of policy instruments in this context...
Persistent link: https://www.econbiz.de/10011548747
joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the … 2000-2007, just before and after the EU's major enlargement. This suggests that the increasing economic integration … average GDP per capita level seen in Western Europe. The third scenario, based on a long-term economic forecast for the EU …
Persistent link: https://www.econbiz.de/10011548764
This paper shows a standard RBC model, when augmented with a VAT evasion channel, where evasion depends on the consumption tax rate, can produce a hump-shaped consumption Laffer curve. Furthermore, when the evasion channel is turned off, the hump in the Laffer curve disappears, resulting in a...
Persistent link: https://www.econbiz.de/10011548769