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The concepts of s-convergence, absolute b-convergence and conditional b-convergence are discussed in this paper. The concepts are applied to a variety of data sets that include a large cross section of 110 countries, the sub-sample of OECD countries, the states within the United States, the...
Persistent link: https://www.econbiz.de/10005656407
After arguing that the concepts of b-convergence and s-convergence are independently interesting, this paper extends the empirical evidence on regional growth and convergence across the United States, Japan, and five European nations. We confirm that the estimated speeds of convergence are...
Persistent link: https://www.econbiz.de/10005114384
This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...
Persistent link: https://www.econbiz.de/10011084042
This paper looks at the interplay between human capital and innovation in the presence of climate and educational policies. Using recent empirical estimates, human capital and general purpose R&D are introduced in an integrated assessment model that has been extensively applied to study the...
Persistent link: https://www.econbiz.de/10011084481
This paper analyzes some of the consequences of economic and monetary union of the two Germanies. Particular emphasis is given to the real implications for the supply side of the German Democratic Republic and for resource flows between two economic regions.
Persistent link: https://www.econbiz.de/10005666402
wage subsidy in Eastern Germany and the elimination of all other subsidies. Subsequent events have strengthened the …
Persistent link: https://www.econbiz.de/10005666856
Germany overtook Britain in comparative productivity levels for the whole economy primarily as a result of trends in … economies of scale in a highly urbanised economy with an international orientation. Low productivity in Germany reflected the …
Persistent link: https://www.econbiz.de/10005788930
Germany is generally regarded as the nominal anchor for Europe. Its participation is the sine qua non of EMU. It has … leading example of the virtues of fiscal and monetary rectitude as enshrined in the Maastricht Treaty. Reunified Germany … transition of the former East Germany on the other, are leading to high unemployment, are slowing the transition process, and may …
Persistent link: https://www.econbiz.de/10005791778
Theoretical predictions of the impact of TFP growth on unemployment are ambiguous, and depend on the extent to which new technology is embodied in new jobs. We evaluate a model with embodied and disembodied technology, capitalization, and creative destruction effects by estimating the impact of...
Persistent link: https://www.econbiz.de/10005504604
This paper contributes to the literature on the differences in the transmission processes within Euroland. We start from the proposition that there are 'deep' differences in the nature of social conflicts and in the way countries deal with these conflicts. We empirically test this effect for the...
Persistent link: https://www.econbiz.de/10005504757