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Potential Output Growth in Several Industrialised Countries : A Comparison
Cahn, Christophe; Saint-Guilhem, Arthur - 2021
In this paper, we present international comparisons of potential output growth among several economies - Canada, the Euro area, France, Germany, Italy, Japan, the Netherlands, the United Kingdom, and the United States - for the period 1991-2004. The main estimates rely on a structural approach...
Persistent link: https://www.econbiz.de/10013316775
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International R&D Spillovers : Technology Transfer vs. R&D Synergies
Dieppe, Alistair - 2013
We estimate a model of international technological spillovers that allows for both international and inter … for a dynamic interaction in explaining total factor productivity (TFP). Relative to the existing literature, our model … direct technology transfer is positive while there are negative R&D spillovers. However, since R&D is found to positively …
Persistent link: https://www.econbiz.de/10013089240
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Productivity shocks and real exchange rate: a reappraisal
Peltonen, Tuomas A.; Sager, Michael - 2009
We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation … role of non-traded, as well as traded, sector productivity shocks in exchange rate determination. We find evidence of … significant correlation between real exchange rates and productivity differentials in both sectors. But our finding of a …
Persistent link: https://www.econbiz.de/10011605092
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Productivity Shocks and Real Exchange Rates : A Reappraisal
Peltonen, Tuomas A. - 2009
We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation … role of non-traded, as well as traded, sector productivity shocks in exchange rate determination. We find evidence of … significant correlation between real exchange rates and productivity differentials in both sectors. But our finding of a …
Persistent link: https://www.econbiz.de/10012764033
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International R&D Spillovers: Technology Transfer vs. R&D Synergies
Dieppe, Alistair; Mutl, Jan - 2013
We estimate a model of international technological spillovers that allows for both international and inter … for a dynamic interaction in explaining total factor productivity (TFP). Relative to the existing literature, our model … direct technology transfer is positive while there are negative R&D spillovers. However, since R&D is found to positively …
Persistent link: https://www.econbiz.de/10011605549
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International Medium-Term Business Cycles
Hirschbühl, Dominik; Spitzer, Martin - 2021
Foreign driven medium-term oscillations that originate from fluctuations in technological frontier countries gained widespread attention among policymakers. To study this phenomenon in the context of domestic and other foreign drivers of the euro area business cycle, we develop a medium-scale,...
Persistent link: https://www.econbiz.de/10013233525
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Potential output growth in several industrialised countries: a comparison
Cahn, Christophe; Saint-Guilhem, Arthur - 2007
In this paper, we present international comparisons of potential output growth among several economies —Canada, the euro area, France, Germany, Italy, Japan, the Netherlands, the United Kingdom, and the United States— for the period 1991-2004. The main estimates rely on a structural approach...
Persistent link: https://www.econbiz.de/10011604874
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Structural reform waves and economic growth
Marrazzo, Pasquale Marco; Terzi, Alessio - 2017
At a time of slow growth in several advanced and emerging countries, calls for more structural reforms are multiplying. However, estimations of the short- and medium-term impact of these reforms on GDP growth remain methodologically problematic and still highly controversial. We contribute to...
Persistent link: https://www.econbiz.de/10011853299
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Structural Reform Waves and Economic Growth
Marrazzo, Marco - 2017
At a time of slow growth in several advanced and emerging countries, calls for more structural reforms are multiplying. However, estimations of the short- and medium-term impact of these reforms on GDP growth remain methodologically problematic and still highly controversial. We contribute to...
Persistent link: https://www.econbiz.de/10012943464
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Subsidising Car Purchases in the Euro Area : Any Spill-Over on Production?
Paredes, Joan - 2017
that explores the effects of these policies on domestic and foreign production to disentangle the potential spill-overs …
Persistent link: https://www.econbiz.de/10012949115