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Purpose: This research paper uses a novel methodological approach to investigate the spillover effects among the key sectors of the US economy. Design/methodology/approach: The paper links the US sectors via a node theoretic scheme based on a general equilibrium framework, whereas it estimates...
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Despite the fact that the U.S. food sector is a key component of U.S. manufacturing, it has attracted limited attention in the literature, so far. In fact, the recent food crisis shed some light on different aspects of the food sector, its products and its influence on millions of people. The...
Persistent link: https://www.econbiz.de/10015249342
As we know, Joseph Alois Schumpeter is one of the greatest economists of all times, while Thorstein Veblen is an economist and sociologist who made seminal contributions to the social sciences. Pierre Bourdieu, meanwhile, is one of the most famous structural sociologists, who has consistently...
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In this article, we employ a number of econometric techniques in order to examine, on a quarterly basis, the transmission of fluctuations between the Greek and the other economic and monetary union (EMU) countries, respectively, after the introduction of the common currency in the period...
Persistent link: https://www.econbiz.de/10010741100
Business cycle synchronization is a useful framework for analyzing the transmission of economic fluctuations. This work checks for synchronization between the USA and the EU-15 economies tracing the timing pattern and the magnitude of the synchronization. It identifies and estimates the link...
Persistent link: https://www.econbiz.de/10010595333
This paper deals with business cycle synchronization and clustering in Europe. It makes an attempt to answer some fundamental economic questions regarding European countries' business cycles in the 1960-2009 time span, by breaking the period down into three sub-periods based on major...
Persistent link: https://www.econbiz.de/10008751555
Purpose – The purpose of this paper is to deal with questions of instability and economic crises, deriving theoretical arguments from Marx's and Schumpeter's works and presenting relevant empirical evidence for the case of the US food manufacturing sector. Design/methodology/approach – The...
Persistent link: https://www.econbiz.de/10009131060