The last decade or so has witnessed rather dramatic increases in the flow of foreign direct investment (FDI) to the developing countries of the world. However, the balance of evidence seems to point in one direction, the inflow has been uneven. Middle-income developing countries have benefited...

This paper provides a summary of the OECD's new global macroeconometric model, including an overview of model structure and a selection of simulations illustrating its main properties. Compared with its predecessors, the new model is more compact and regionally aggregated, but gives more weight...

This study develops comprehensive full-sector macro-econometric models for the Nigerian economy with the aim of explaining and providing a long-term solution for the persistent growth–poverty divergence experienced by the country. The models are applied to test the hypothesis of existing...

The paper discusses the distributional implications of environmental tax reform (ETR) for households, and presents new results from modelling the impacts of a major ETR for the European Union. The distributional effects arise from the new environmental taxes, any tax reductions made as part of...

The subject of this paper is the detection of changes in trade patterns and of the factors that determine Horizontal IIT (HIIT) and Vertical IIT (VIIT) in the Western Balkans. The compilation and estimation of an econometric model of IIT enabled the distinguishing of the determinants of the VIIT...

This article is based on banks' choices of capital structure and the effect of macroeconomic conditions over these choices, including the impact of credit risk triggered by the aforesaid macroeconomic conditions. We begin by observing different credit risk models in order to develop the most...

This paper provides a summary of the OECD's new global macroeconometric model, including an overview of model structure and a selection of simulations illustrating its main properties. Compared with its predecessors, the new model is more compact and regionally aggregated, but gives more weight...

Hong Kong and Shenzhen ports share the same hinterland for container cargoes. The overall container volume to and from this hinterland has grew tremendously over the last two decades. At the same time, the market shares of the two ports have been changing dramatically, especially in the last 10...

Preise, Einkommen, und Nachfrage - die zentralen zu erklaerenden Variablen in den Wirtschaftswissenschaften sind objektiv messbar. Daneben gibt es jedoch zwei nicht minder zentrale Groessen, Erwartungen und Praeferenzen, die sich einer direkten objektiven Messung entziehen. Es sind subjektive...