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literature focuses on recessions at the aggregate level. We provide evidence on the behavior of a large set of developed and … external financial dependence of industries. We distinguish financial from normal recessions, and look at the patterns of the … leads to a rich set of results grouped in 14 stylized facts. Most importantly, we found that recessions tend to be more …
Persistent link: https://www.econbiz.de/10010443384
Persistent link: https://www.econbiz.de/10011512928
Mexico was between 3.7 and 4.3 per cent. The economic cycles experienced in Mexico are characterized, and its recessions and … expansions are dated. During 1980-2007 economic recessions and expansions lasted on average 7.0 and 13.3 quarters, respectively …; that means recessions in Mexico are 121.1 per cent longer than in the US, while expansions are 46.8 per cent shorter. As a …
Persistent link: https://www.econbiz.de/10008515145
Persistent link: https://www.econbiz.de/10005509988
The People's Republic of China's (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the concept of the balance-of-payments equilibrium (BOPE) growth...
Persistent link: https://www.econbiz.de/10012064717
We expand the standard balance-of-payments-constrained (BOPC) growth rate model in three directions. First, we take into account the separate contributions of exports in goods, exports in services, overseas remittances, and foreign direct investment (FDI) inflows. Second, we use state-space...
Persistent link: https://www.econbiz.de/10014581788
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10013426310
Dieser Beitrag beschäftigt sich mit der Frage, ob die Entwicklung der FuE-Aufwendungen im Verlauf der Finanz- und Wirtschaftskrise 2008/2009 neben konjunkturellen Einflüssen auch von den jeweiligen FuE-Schwerpunkten der Länder abhängig gewesen ist. Dabei wird zunächst der Blick auf...
Persistent link: https://www.econbiz.de/10010377982
literature focuses on recessions at the aggregate level. We provide evidence on the behavior of a large set of developed and … external financial dependence of industries. We distinguish financial from normal recessions, and look at the patterns of the … leads to a rich set of results grouped in 14 stylized facts. Most importantly, we found that recessions tend to be more …
Persistent link: https://www.econbiz.de/10009533466
Dieser Beitrag beschäftigt sich mit der Frage, ob die Entwicklung der FuE-Aufwendungen im Verlauf der Finanz- und Wirtschaftskrise 2008/2009 neben konjunkturellen Einflüssen auch von den jeweiligen FuE-Schwerpunkten der Länder abhängig gewesen ist. Dabei wird zunächst der Blick auf...
Persistent link: https://www.econbiz.de/10010416581