Similar Search Results

Forecasting GDP at the Regional Level with Many Predictors

Lehmann, Robert; Wohlrabe, Klaus - CESifo - 2012

In this paper, we assess the accuracy of macroeconomic forecasts at the regional level using a unique data set at quarterly frequency. We forecast gross domestic product (GDP) for two German states (Free State of Saxony and Baden-Württemberg) and Eastern Germany. We overcome the problem of a...

Persistent link: https://www.econbiz.de/10010877940

Oil Price Uncertainty and Sectoral Stock Returns in China: A Time-Varying Approach

Caporale, Guglielmo Maria; Ali, Faek Menla; Spagnolo, Nicola - CESifo - 2014

This paper investigates the time-varying impact of oil price uncertainty on stock prices in China using weekly data on …

Persistent link: https://www.econbiz.de/10010877768

Political Institutions and Government Spending Behavior in Iran

Dizaji, Sajjad Faraji; Farzanegan, Mohammad Reza - CESifo - 2014

This study examines how quality of political institutions affects the distribution of government budget and how development of government spending in major sections shapes the political institutions in Iran. This question has become especially important due to recent international sanctions,...

Persistent link: https://www.econbiz.de/10010739347

The Empirics of China's Outward Direct Investment

Cheung, Yin-Wong; Qian, Xingwang - CESifo - 2009

We investigate the empirical determinants of China’s outward direct investment (ODI). It is found that China … developed and developing countries, there is evidence that a) both market seeking and resources seeking motives drive China …’s ODI, b) the Chinese exports to developing countries induce China’s ODI, c) China’s international reserves promote its ODI …

Persistent link: https://www.econbiz.de/10005000386

Role of Production Networks in Sustaining and Rebalancing Asia's Growth

Thorbecke, Willem; Bhattacharyay, Biswa N. - CESifo - 2012

to the People Republic of China (PRC) and ASEAN for assembly by lower-skilled workers. The finished products are then …

Persistent link: https://www.econbiz.de/10010561496

The Twin Effects of Globalization - Evidence from a Sample of Indian Manufacturing Firms

Daveri, Francesco; Manasse, Paolo; Serra, Danila - CESifo - 2010

Employees of globalized firms face a riskier menu of labor market outcomes. They face a more uncertain stream of earnings and riskier employment prospects. However, they may also have stronger incentives to train and upgrade their skills and/or may benefit from more rapid careers. Hence, the...

Persistent link: https://www.econbiz.de/10008671733

The Extension of Clusters: Difference-in-Differences Evidence from the Bavarian State-Wide Cluster Policy

Falck, Oliver; Heblich, Stephan; Kipar, Stefan - CESifo - 2008

If one cluster increases local competitiveness, can politicians, by interlinking clusters, achieve an even better effect at the state level? To answer this question, the paper analyzes the “Cluster Initiative” introduced in 1999 by the Bavarian State Government. The purpose of the initiative...

Persistent link: https://www.econbiz.de/10005405788

Economic Geography within and between European Nations: The Role of Market Potential and Density across Space and Time

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - CESifo - 2009

In explaining the uneven spatial distribution of economic activity, urban economics and new economic geography (NEG) dominate recent research in economics. A main difference between these two approaches is that NEG stresses the role of spatial linkages whereas urban economics does not do so. We...

Persistent link: https://www.econbiz.de/10004979426

Urban Shrinkage in Eastern Germany

Bartholomae, Florian W.; Nam, Chang Woon; Schoenberg, Alina - CESifo - 2015

This paper questions the widely applied parallelism of demographic and economic development in characterizing urban shrinkage in Germany, and argues that the usage of population change as a single indicator leads to incorrect policy recommendations for combating urban shrinkage. As the cases of...

Persistent link: https://www.econbiz.de/10011165506

Ethnic Favoritism: An Axiom of Politics?

Luca, Giacomo De; Hodler, Roland; Raschky, Paul A.; … - CESifo - 2015

We investigate the prevalence and determinants of ethnic favoritism, i.e., preferential public policies targeted at the political leader’s ethnic group. We construct a panel dataset of 2,022 ethnographic regions from 139 countries with annual observations from 1992 to 2012, and use nighttime...

Persistent link: https://www.econbiz.de/10011167133