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Role of production networks in sustaining and rebalancing Asia's growth

Thorbecke, Willem; Bhattacharyay, Biswanath - 2012

In last few decades, Asian production networks have contributed significantly toward the rapid trade expansion and economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them to the People Republic of China (PRC) and ASEAN for...

Persistent link: https://www.econbiz.de/10009571750

The end of tourist traps : a natural experiment on the impact of tripadvisor on quality upgrading

Donati, Dante - 2022

Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms' endogenous...

Persistent link: https://www.econbiz.de/10013285520

A beam of light : media, tourism & economic development

Nocito, Samuel; Sartarelli, Marcello; Sobbrio, Francesco - 2021

Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism multiplier ). To assess the media multiplier, we employ a...

Persistent link: https://www.econbiz.de/10012510008

Tourism persistence in the Southeastern European countries : the impact of Covid-19

Caporale, Guglielmo Maria; Imeri, Amir; Gil-Alaña, Luis A. - 2022

This paper examines tourism persistence in a group of Southeastern European (SEE) countries (Albania, Bosnia, Bulgaria, Croatia, Montenegro, North Macedonia, Serbia and Slovenia) by applying fractional integration methods to monthly data on foreign tourist arrivals and overnight stays. The...

Persistent link: https://www.econbiz.de/10013413277

Financial integration and European tourism stocks

Caporale, Guglielmo Maria; Yfanti, Stavroula; … - 2023

This study examines the macro drivers of the time-varying (dynamic) connectedness between eleven European tourism sectors. Financial integration between the travel and leisure markets, measured by their dynamic correlations or co-movement, is explained by common global fundamentals. The...

Persistent link: https://www.econbiz.de/10013540847

Green national accounting for welfare and sustainability : a taxonomy of assumptions and results

Asheim, Geir B. - 2002

This paper summarizes assumptions made and results obtained in parts of the literature on welfare and sustainability … combinations. This taxonomy is used to organize results in welfare and sustainability accounting. The analysis illustrates how …

Persistent link: https://www.econbiz.de/10011514087

A market mechanism for sustainable and efficient resource use under uncertainty

Quaas, Martin F.; Winkler, Ralph - 2017 - This version: June 2017

Sustainability and efficiency are potentially conflicting social objectives in natural resource management. We propose … determines the maximal tenure length guaranteeing that the sustainability goal is obeyed for sure over the entire period. In …

Persistent link: https://www.econbiz.de/10011663635

To consolidate or not to consolidate? : a multi-step analysis to assess needed fiscal sustainability

Afonso, António; Alves, José; Jalles, João Tovar - 2022

specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a … primary balance above or below the debt-stabilizing primary balance (provided by the IMF's Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …

Persistent link: https://www.econbiz.de/10012938962

The greener, the higher : labor demand of automotive firms during the green transformation

Fackler, Thomas; Falck, Oliver; Goldbeck, Moritz; Hans, … - 2024

We investigate differences in labor demand between German automotive firms specializing in green propulsion technology and those with a focus on combustion engines. To this end, we introduce a firm-level labor demand index based on the near-universe of online job postings and firms’ patent...

Persistent link: https://www.econbiz.de/10014551870

The circular economy

Fullerton, Don - 2024

Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of...

Persistent link: https://www.econbiz.de/10014529224