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Gone for Good? Subsidies with Export Share Requirements in China: 2002-2013

Defever, Fabrice; Riaño, Alejandro - CESifo - 2014

from the 2002 wave of the Business Environment and Enterprise Performance Survey collected by the World Bank for China. The …

Persistent link: https://www.econbiz.de/10010877965

Broadband Infrastructure and Economic Growth

Czernich, Nina; Falck, Oliver; Kretschmer, Tobias; … - CESifo - 2009

We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and...

Persistent link: https://www.econbiz.de/10008572478

Heckscher-Ohlin Theory when Countries have Different Technologies

Eric O'N. Fisher - CESifo - 2010

Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix that computes the local factor content of foreign...

Persistent link: https://www.econbiz.de/10008572487

A Panel Data Investigation of Real Exchange Rate Misalignment and Growth

MacDonald, Ronald; Vieira, Flávio - CESifo - 2010

The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries using time series data from 1980 to 2004. We first estimate a panel data model (using fixed and random effects) for the real exchange rate, with different model specifications, in...

Persistent link: https://www.econbiz.de/10008583703

Sources of the German Productivity Demise – Tracing the Effects of Industry-Level ICT Investment

Eicher, Theo; Röhn, Oliver - CESifo - 2007

While the US experienced two successive labor productivity surges in 1995 and 2000, Germany’s productivity declined dramatically during the same period. We examine the sources of Germany’s productivity demise using the ifo industry growth accounting database that provides detailed...

Persistent link: https://www.econbiz.de/10005181228

Ageing and Productivity Growth: Are there Macro-level Cohort Effects of Human Capital?

Werding, Martin - CESifo - 2008

Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...

Persistent link: https://www.econbiz.de/10005406417

Are Cardiovascular Diseases Bad for Economic Growth?

Suhrcke, Marc; Urban, Dieter M. - CESifo - 2006

We assess the impact of cardiovascular disease (CVD) mortality on economic growth, using a dynamic panel growth regression framework taking into account potential endogeneity problems. We start from a worldwide sample of countries for which data was available and detect a non-linearity in the...

Persistent link: https://www.econbiz.de/10005094447

Unraveling the Fortunates of the Fortunate: An Iterative Bayesian Model Averaging (IBMA) Approach

Eicher, Theo; Papageorgiou, Chris; Röhn, Oliver - CESifo - 2007

We investigate country heterogeneity in cross-country growth regressions. In contrast to the previous literature that focuses on low-income countries, this study also highlights growth determinants in high-income (OECD) countries. We introduce Iterative Bayesian Model Averaging (IBMA) to address...

Persistent link: https://www.econbiz.de/10005094478

The Structure of the American Economy

Eric O'N. Fisher; Marshall, Kathryn G. - CESifo - 2008

We explore the relationship between input-output accounts and the national revenue function. The generalized inverse of an economy’s technology matrix carries information relating changes in endowments with changes in outputs; its transpose relates output prices and factor prices. Our primary...

Persistent link: https://www.econbiz.de/10005094482

What Drives Aggregate Investment?

Bachmann, Ruediger; Zorn, Peter - CESifo - 2013

Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology …-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to … investment can be attributed to finance and demand shocks, which we also extract from the survey data. …

Persistent link: https://www.econbiz.de/10010755772