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Good Institutions are not enough: Ongoing Challenges of East German Development

Carlin, Wendy - CESifo - 2010

A major theme in accounts of the transitional recession and delayed convergence in post-communist economies is the role …

Persistent link: https://www.econbiz.de/10008671711

Reaching Market Equilibrium Merely by Bilateral Barters

Flåm, Sjur Didrik - CESifo - 2013

convergence to market equilibrium. It is expedient that some parties have differentiable objectives or make strictly feasible …

Persistent link: https://www.econbiz.de/10010721608

Family Structure and the Education Gender Gap: Evidence from Italian Provinces

Bertocchi, Graziella; Bozzano, Monica - CESifo - 2013

We investigate the determinants of the education gender gap in Italy in historical perspective with a focus on the influence of family structure. We capture the latter with two indicators: residential habits (nuclear vs. complex families) and inheritance rules (partition vs. primogeniture)....

Persistent link: https://www.econbiz.de/10010877959

Long Memory in US Real Output per Capita

Caporale, Guglielmo Maria; Gil-Alana, Luis A. - CESifo - 2009

This paper analyses the long memory properties of quarterly real output per capita in the US (1948Q1 – 2008Q3) using non-parametric, semi-parametric and parametric techniques. The results vary substantially depending on the methodology employed. Evidence of mean reversion is obtained in a...

Persistent link: https://www.econbiz.de/10004979424

It’s a Big World After All

Brakman, Steven; Marrewijk, Charles van - CESifo - 2007

distance. Furthermore, there is little evidence of income convergence. Using various methods and data sets, we show that many …

Persistent link: https://www.econbiz.de/10005766052

A Pair-Wise Approach to Testing for Output and Growth Convergence

Pesaran, M. Hashem - CESifo - 2004

This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs … of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also …-2000. Overall, the results do not support output convergence, and suggest that the findings of convergence clubs in the literature …

Persistent link: https://www.econbiz.de/10005766053

Dualism and Cross-Country Growth Regressions

Temple, Jonathan; Woessmann, Ludger - CESifo - 2004

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...

Persistent link: https://www.econbiz.de/10005181232

How Efficient is the East German Economy? An Exploration With Micro Data

Funke, Michael; Rahn, Jörg - CESifo - 2000

The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an unbalanced panel over the transition period 1994 to 1998. We adopt a translog stochastic frontier model to estimate technical efficiency in eastern and western Germany. The results...

Persistent link: https://www.econbiz.de/10005181620

Structural Reforms and the Enlargement of Monetary Union

Hefeker, Carsten - CESifo - 2003

The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...

Persistent link: https://www.econbiz.de/10005405838

Terms of Trade, Catch-up, and Home Market Effect: The Example of Japan

Urban, Dieter M. - CESifo - 2007

This paper explores theoretically and empirically the long run relation of the terms of trade (ratio of domestic and foreign prices of traded manufacturing goods) and economic growth of a pair of industrialized countries, one of which experiences a major catch-up process towards the other. It is...

Persistent link: https://www.econbiz.de/10005405944