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This paper argues that the unprecedented acceleration of growth in the developing world in the new millennium in comparison with advanced economies is due not so much to improvements in underlying fundamentals as to exceptionally favourable global economic conditions, shaped mainly by...
Persistent link: https://www.econbiz.de/10010546948
This paper documents the expanding economic linkages between low-income countries (LICs) and a narrow group of “Emerging Market leaders” that have become major players in inter- national trade and financial flows. VAR models show that these linkages have increased the share of growth...
Persistent link: https://www.econbiz.de/10010551668
of correlations in business cycle movements as reflecting some form of coupling or decoupling and, instead, suggests that …
Persistent link: https://www.econbiz.de/10010568516
.8%. During this period, therefore, the UK achieved relative but not absolute decoupling of road freight energy consumption from … distance travelled also increased much slower than GDP. The main factor contributing to the observed decoupling was the … aggregate energy intensity. The results demonstrate that the UK has been more successful than most EU countries in decoupling …
Persistent link: https://www.econbiz.de/10010572929
to investigate whether indicators are decoupling from global factors over time. While decoupling can be observed in a few …
Persistent link: https://www.econbiz.de/10010574856
U.S. utilities face significant financial disincentives under traditional regulation in aggressively pursuing cost-effective energy efficiency. Regulators are considering some combination of mandated goals and alternative utility business model components to align the utility’s business and...
Persistent link: https://www.econbiz.de/10010576536
–2008. In addition, we calculated the trend of decoupling effects in nonferrous metals industry in China by presenting a … theoretical framework for decoupling. As the results suggest, Chinese nonferrous metals industry has gone through four decoupling … stages: strong negative decoupling stage (1996–1998), weak decoupling stage (1999–2000), expensive negative decoupling stage …
Persistent link: https://www.econbiz.de/10010576831
The Agenda 2000 and the Mid-Term Review introduced a complex combination of policy changes for beef and dairy. It is not clear to what extent the package will influence production decisions. This study proposes a simple method for incorporating the effect of direct payments into the analysis of...
Persistent link: https://www.econbiz.de/10008802782
not be directly related. This implies that a degree of „decoupling‟ is required – that economic development needs to occur … decoupling, it is vital to consider what might happen to the relationship between economic development and transport over the … and structural change. This paper suggests that in the absence of any policy change, some decoupling of economic …
Persistent link: https://www.econbiz.de/10008802870
The recovery in advanced economies is now exhibiting several signs of fragility and the medium-term growth prospects for these economies also look difficult. Could developing economies “switch over” to become locomotives in the global economy, providing a countervailing force against...
Persistent link: https://www.econbiz.de/10008837647