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The answer is that people's evaluations of their income situation are based on different considerations when the economy is expanding and when it is contracting. When, in the course of economic growth, incomes generally are rising, evaluations tend to be dominated by "social comparison"—what...
Persistent link: https://www.econbiz.de/10012658224
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...
Persistent link: https://www.econbiz.de/10010377291
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...
Persistent link: https://www.econbiz.de/10010790516
This paper examines the impact of North-South trade-related technology diffusion on TFP growth in small and large states in the South. The main findings are: i) TFP growth increases with North-South trade-related technology diffusion, with education, and with the interaction between the two, and...
Persistent link: https://www.econbiz.de/10010268903
In this paper we analyse a new Phillips curve (NPC) model and demonstrate that (i) frictional growth, i.e. the interplay of wage-staggering and money growth, generates a nonvertical NPC in the long-run, and (ii) the Phillips curve (PC) shifts with productivity growth. On this basis we estimate a...
Persistent link: https://www.econbiz.de/10010276469
There are growing concerns about the impact of pollution on maternal and infant health. In the UK in 2018, 36% of local …. Using a population database of births in Northern Ireland linked to localised geographic information on pollution in … reducing pollution remains an urgent public health priority, our results imply that improvements in short-run levels of …
Persistent link: https://www.econbiz.de/10013426313
This paper investigates the existence of an environmental Kuznets curve (EKC) and its robustness for 28 countries of the Union for the Mediterranean (UfM) over the recent period. Our methodology relies on four recent estimation methods for non-stationary panel data and includes four pollutants...
Persistent link: https://www.econbiz.de/10014296597
pollution, drinking water pollution, and extreme temperatures—and the response to those exposures differ across urban and rural …, we present new evidence on urban-rural differences in air quality and population sensitivity to air pollution, leveraging …
Persistent link: https://www.econbiz.de/10014469545
, military training during peacetime has environmental consequences. This research aims to quantify how much pollution is emitted … pollution levels. Leveraging high-frequency data, we employ a machine learning algorithm in conjunction with program evaluation … area. Our findings reveal that these exercises led to a notable increase in air pollution levels, potentially reaching up …
Persistent link: https://www.econbiz.de/10014533826
(agriculture). Our focus is mainly on the costs associated with congestion and pollution as well the impact of under-priced energy … indicative estimates of the external costs of energy subsidies, as manifested in congestion and pollution. Our estimates using …
Persistent link: https://www.econbiz.de/10010513142