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factors of production (capital and labor). In contrast, the consequences of FDI from the capital abundant country (EU) to the … country CGE model, including the EU and the CEEC. A panel regression for both regions separately, helps to decide empirically … advantage (increase in global net trade) has contributed to a decline in the labor income shares in the EU. Additionally, those …
Persistent link: https://www.econbiz.de/10011347055
We construct the world's centers of gravity for human population, GDP and CO2 emissions by taking the best out of five recognized data sources covering the last two centuries. We also propose a more appropriate two-map representation of the location of the center of gravity, which abstracts from...
Persistent link: https://www.econbiz.de/10011410333
firms' entry and exit (i.e., firm churning). Drawing on annual country-sector data for the period 2000-2014 across the EU … a number of EU countries. Thus, our results point towards significant productivity gains that could follow from the …
Persistent link: https://www.econbiz.de/10012132481
In recent years, the role attached to the autonomous components of aggregate demand has attracted rising attention, as testified by the development of the Sraffian Supermulti plier model (SSM) and the attempts to include autonomous demand in the Neo-Kaleckian model. This paper reviews and...
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Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone crisis countries (Greece, Portugal, Ireland, Cyprus, Spain)...
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growth, deflation, and weak public finances. …
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