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Cross-section dependence and the monetary exchange rate model : a panel analysis

Beckmann, Joscha; Belke, Ansgar; Dobnik, Frauke - 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/10009426693

Measuring regional inequality by internet car price advertisements : evidence for Germany

Kholodilin, Konstantin; Siliverstovs, Boriss - 2010

We suggest to use Internet car sale price advertisements for measuring economic inequality between and within German regions. Our estimates of regional income levels and Gini indices based on advertisements are highly, positively correlated with the official figures. This implies that the...

Persistent link: https://www.econbiz.de/10009260252

The Russian regional convergence process : where does it go?

Kholodilin, Konstantin; Oshchepkov, Aleksey; … - 2009

This paper investigates the income convergence among Russian regions in the period 1998-2006. It makes two major contributions to rather extensive literature on the regional convergence in Russia. First, it identifies spatial regimes using the exploratory spatial data analysis. Second, it...

Persistent link: https://www.econbiz.de/10003807480

Is technical progress sectorally concentrated? : an empirical analysis for Western European countries

Schiersch, Alexander; Belitz, Heike; Gornig, Martin - 2012

Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more …

Persistent link: https://www.econbiz.de/10009579300

Appropriate technology, human capital and development accounting

Chanda, Areendam; Farkas, Beatrice - 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/10009579408

Can internet ads serve as an indicator of homeownership rates?

Kholodilin, Konstantin; Mense, Andreas - 2011

In this paper, we propose an indicator of the homeownership rate based on Internet ads offering the housing for rent and sale. We constructed the HOR estimate using the number of ads in four different markets (flats for rent, flats for sale, houses for rent, and houses for sale). Our HOR...

Persistent link: https://www.econbiz.de/10009579621

Internet-based hedonic indices of rents and prices for flats : example of Berlin

Kholodilin, Konstantin; Mense, Andreas - 2012

In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the...

Persistent link: https://www.econbiz.de/10009580150

Fiscal federalism in Western European and selected other countries : centralization or decentralization? : what is better for economic growth?

Thießen, Ulrich - 2000

paper presents an empirical analysis of the relationship between per capita economic growth and its production function … high income countries, in particular Western European countries, a hump-shaped relation between per capita economic growth … middle income, the association between fiscal decentralization and economic growth and its determinants (capital formation …

Persistent link: https://www.econbiz.de/10011433736

Productivity differences in the European Union : national, regional and spatial effects

Geppert, Kurt; Gornig, Martin; Stephan, Andreas - 2003

Using panel data on European regions and applying Analysis of Covariance, our study provides an empirical assessment of the relative importance of national, regional and spatial factors for explaining variations of productivity. Our analysis shows that initial economic conditions or...

Persistent link: https://www.econbiz.de/10011439298

International knowledge spillovers through high-tech imports and R&D of foreign-owned firms

Belitz, Heike; Mölders, Florian - 2013

The international transmission of knowledge through import spillovers, as a source of TFP growth, has received much … through cross-border cooperation in R&D by multinationals. -- Productivity growth ; Technology diffusion ; Multinational …

Persistent link: https://www.econbiz.de/10009723930