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The disaggregated structure of input-output (IO) analysis makes it very attractive in analyzing technical change. Various authors have applied IO models in comparative static experiments to measure the effects of observed technical changes in individual industries on economy-wide total output...
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Environmental Kuznets Curves have been estimated using a simple econometric model that hampers interpretation of the various determinants underlying the inverted-U-shaped relationship between some pollutants and income. Explanations for the observed patterns have been offered ex-post without...
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This paper aims at exploring the influence that the changes in sectoral composition in most EU economies have had on aggregate energy intensity. We rely on the so-called Logarithmic Mean Divisia Index (LMDI) method, implemented within a multiplicative energy intensity approach. Then, based on...
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The economic and financial crisis has generated a significant amount of adverse effects in all European economies, although with substantial differences by countries. For Spain the effects have been severe. From the last third of the last century until the middle of 2008 the economy experienced...
Persistent link: https://www.econbiz.de/10011499410
Objective: The objective of the article is the examination of factors that affect structural convergence and assessing their robustness. Research Design & Methods: Determinants of structural similarity are examined using the Bayesian model averaging with dilution prior to establishing robust...
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