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of externalities from neighbouring regions. The results point to a positive long-run impact of public investment per … the highest impact. In general, public investment externalities seem to be more relevant for regional growth than direct …
Persistent link: https://www.econbiz.de/10011084166
The paper explores the evolution of export diversification patterns along the economic development path. Using a large … “intensive” and “extensive” margins (diversification of export values among active product lines and by addition of new product … lines respectively) using various export concentration indices and the number of active export lines. We also look at new …
Persistent link: https://www.econbiz.de/10005067655
Act shows that, in the right conditions, Sub-Saharan African countries have had large manufacturing export supply response …
Persistent link: https://www.econbiz.de/10005661679
correlated is more important in explaining exporters’ GDP volatility than the volatility of demand in individual export market …
Persistent link: https://www.econbiz.de/10005666690
European Union encourage the transition from a rentier economy to one of export-led growth? This paper uses a dynamic …
Persistent link: https://www.econbiz.de/10005791201
We use a sample of 140 countries to study empirically how a country's characteristics are associated with its choice of an exchange rate regime. When countries are classified according to their current exchange rate arrangements, we observe that small countries with low diversification of...
Persistent link: https://www.econbiz.de/10005114492
At present the Department of Transport allocates road use costs according to concepts of fair attribution, and road user charges for commercial vehicles are intended to cover these costs. The paper calculates the efficient road user charge - the marginal social cost of highway use - and compares...
Persistent link: https://www.econbiz.de/10005504232
-constrained monetary economy with heterogenous agents and increasing returns to scale due to labour and capital productive externalities … (arbitrarily) small degree of (total) externalities provided that the share of labour externalities exceed a lower bound, which …
Persistent link: https://www.econbiz.de/10005504720
I consider a model where a principal decides whether to produce one unit of an indivisible good (e.g. a private school) and which characteristics it will contain (emphasis on language or science). Agents (parents) are differentiated along two substitutable dimensions: a vertical parameter that...
Persistent link: https://www.econbiz.de/10005498112
We explore the implications of monetary unification for real interest rates and (relative) public debt levels. The adoption of a common monetary policy renders the risk-return characteristics of the participating countries more similar, so that the substitutability of their public debt increases...
Persistent link: https://www.econbiz.de/10005498174