Narrow search
Showing 1 - 10 of 108
Cover Image
Nested Stochastic Possibility Frontiers with Heterogeneous Capital Inputs
Erber, Georg; Madlener, Reinhard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007
1980 to 2004, calculated and published by the Groningen Growth and Development Centre, are used in the empirical analysis …
Persistent link: https://www.econbiz.de/10004963835
Cover Image
Long Memory and Fractional Integration in High Frequency Data on the US Dollar / British Pound Spot Exchange Rate
Caporale, Guglielmo Maria; Gil-Alana, Luis A. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
This paper analyses the long-memory properties of a high-frequency financial time series dataset. It focuses on temporal aggregation and other features of the data, and how they might affect the degree of dependence of the series. Fractional integration or I(d) models are estimated with a...
Persistent link: https://www.econbiz.de/10010896189
Cover Image
How Stable Are Monetary Models of the Dollar-Euro Exchange Rate?: A Time-Varying Coefficient Approach
Beckmann, Joscha; Belke, Ansgar; Kühl, Michael - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
This paper examines the significance of different fundamental regimes by applying various monetary models of the exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro (the DM). We use monthly data from 1975:01 to 2007:12....
Persistent link: https://www.econbiz.de/10008596278
Cover Image
What Drives Heterogeneity in Foreign Exchange Rate Expectations: Deep Insights from a New Survey
Dreger, Christian; Stadtmann, Georg - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006
, like GDP growth, inflation, and interest rates. Different expectations of fundamentals might lead to different views of …
Persistent link: https://www.econbiz.de/10005068934
Cover Image
Cross-Section Dependence and the Monetary Exchange Rate Model: A Panel Analysis
Beckmann, Joscha; Belke, Ansgar; Dobnik, Frauke - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
This paper tackles the issue of cross-section dependence for the monetary exchange rate model in the presence of unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we distinguish between common factors and idiosyncratic...
Persistent link: https://www.econbiz.de/10009003457
Cover Image
Technological Change and Transition: Relative Contributions to Worldwide Growth during the 1990s
Badunenko, Oleg; Henderson, Daniel J.; Zelenyuk, Valentin - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007
In this paper we used the procedures developed in the Kumar and Russell (2002) growth-accounting study to examine cross …-country growth during the 1990's. Using a data set comprising developed, newly industrialized, developing and transitional economies …, we decomposed the growth of output per worker into components attributable to technological catch-up, technological …
Persistent link: https://www.econbiz.de/10005069101
Cover Image
International Knowledge Spillovers through High-Tech Imports and R&D of Foreign-Owned Firms
Belitz, Heike; Mölders, Florian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
The international transmission of knowledge through import spillovers, as a source of TFP growth, has received much …
Persistent link: https://www.econbiz.de/10011128847
Cover Image
Is Technical Progress Sectorally Concentrated?: An Empirical Analysis for Western European Countries
Schiersch, Alexander; Belitz, Heike; Gornig, Martin - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more …
Persistent link: https://www.econbiz.de/10010896211
Cover Image
Appropriate Technology, Human Capital and Development Accounting
Chanda, Areendam; Farkas, Beatrice - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
Over the past decade, research explaining cross country income differences has increasingly pointed to the dominant role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief that a country's ability to absorb and implement...
Persistent link: https://www.econbiz.de/10010784001
Cover Image
European Regional Convergence in a Human Capital Augmented Solow Model
Eckey, Hans-Friedrich; Dreger, Christian; Türck, Matthias - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10004963803