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Exports and industrial growth: a new framework and evidence

Charos, Evangelos N.; Simos, Evangelos Otto; Thompson, … - In: Journal of Economic Studies 23 (1996) January, pp. 18-31

Surveys the literature on the role of exports in economic growth and provides additional qualifications concerning the measurement of the different channels through which exports may contribute to economic growth. Our framework shows that the most commonly used supply-side approaches have...

Persistent link: https://www.econbiz.de/10005003288

Testing Proportionality, Symmetry and Exclusiveness in Long-run PPP

Moosa, Imad A. - In: Journal of Economic Studies 21 (1994) September, pp. 3-21

Present some empirical evidence on long-run Purchasing Power Parity (PPP) using a sample of annual data covering the period 1900-1987. Three exchange rates are used in the analysis: the dollar, yen and French franc against the pound. It is shown that PPP does hold in the long run and that is...

Persistent link: https://www.econbiz.de/10005003290

Why had Roscher so much influence in the USA compared with the UK

Senn, Peter R. - In: Journal of Economic Studies 22 (1995) September, pp. 53-105

USA. Possible reasons for the changes are explored. Special attention is given to the more favourable reception of Roscher … in the USA as opposed to the UK. A central point is that his influence and importance in the USA changed as time passed …

Persistent link: https://www.econbiz.de/10005003292

Aggregation and the Welfare Analysis of US Tariffs

Arce, Hugh M.; Reinert, Kenneth A. - In: Journal of Economic Studies 21 (1994) October, pp. 26-30

A recurrent concern of researchers who measure the cost of protection is that welfare estimates based on models with highly aggregated sectors of the economy in question will understate the true cost of protection if the tariff system is not uniform. Uses the 1988 tariff schedule of the US and a...

Persistent link: https://www.econbiz.de/10005003301

Testing the rational expectations hypothesis using survey data from vegetable growers in the USA

Beach, E. Douglas; Fernandez-Cornej, Jorge; Uri, Noel D. - In: Journal of Economic Studies 22 (1995) October, pp. 46-59

Survey data on expected and actual prices received by individual vegetable growers in Florida, Michigan and Texas in 1990 are used to test the rational expectations hypothesis. The use of individual grower data overcomes many of the issues that have limited previous tests of this hypothesis in...

Persistent link: https://www.econbiz.de/10005003320

Advertising and information: an empirical study of search, experience and credence goods

Ekelund, Robert B.; Mixon, Franklin G.; Ressler, Rand W. - In: Journal of Economic Studies 22 (1995) May, pp. 33-43

Investigates empirically the importance of buyer characteristics as well as product and service classifications on the informational content of advertising supply by sellers utilizing Yellow Pages advertisements from six US cities. The analysis and tests extend the categories used in previous...

Persistent link: https://www.econbiz.de/10005003321

Interactions among Private Investors and Government Policies: Rules versus Discretion

Fountas, Stilianos - In: Journal of Economic Studies 21 (1994) May, pp. 38-56

Models fiscal policy interactions between fiscal authorities and private investors in the foreign exchange market in a game-theoretic framework. Using a two-period game, I consider the credible and noncredible announcements of the domestic fiscal authority with respect to the stance of its...

Persistent link: https://www.econbiz.de/10005003328

The Impact of the Tariff-Rate Quota on Sugar Imports on the US Economy

Uri, Noel D.; Boyd, Roy - In: Journal of Economic Studies 21 (1994) January, pp. 16-40

Examines the impact of the sugar tariff-rate import quota programme on the United States economy. Uses a computable general equilibrium model composed of 14 producing sectors, 14 consuming sectors, six household categories classified by fincome, and a government. Examines the effects of...

Persistent link: https://www.econbiz.de/10005003331

Monetary policies of developed countries: co-ordination, coercion or independence

Katsimbris, George M.; Miller, Stephen M. - In: Journal of Economic Studies 22 (1995) May, pp. 44-58

coercive (asymmetric) regimes. Did the USA (Germany) dominate other developed (European) countries during the Bretton Woods … (European Monetary) system? Examines the linkages, if any, between the USA (German) money stock and money stocks in other … developed (European) countries, using the cointegration and error-correction methodology. Finds evidence that USA (German) money …

Persistent link: https://www.econbiz.de/10005003353

They are even larger! More (on) puzzling labor market volatilities

Gartner, Hermann; Merkl, Christian; Rothe, Thomas - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2009

"This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the...

Persistent link: https://www.econbiz.de/10005004093