Applied Economics Quarterly最新文献_第8页

How Integrated are the Local U.S. Markets for Natural Gas? — New Evidence Using Rolling Cointegration 美国本土天然气市场整合程度如何?-使用滚动协整的新证据

Applied Economics Quarterly Pub Date : 2015-11-18 DOI: 10.3790/AEQ.61.2.175

Tim Böker, Albrecht Michler

引用次数: 0

Panel Causality and Cointegration between Productivity and Unemployment 生产率和失业率的面板因果关系和协整关系

Applied Economics Quarterly Pub Date : 2015-11-18 DOI: 10.3790/AEQ.61.2.141

J. Jalles

引用次数: 2

Are There Business Cycles "beyond GDP"? Alternative Measures to GDP at Business Cycle Frequencies 是否存在“超越GDP”的商业周期?经济周期频率下GDP的替代测量方法

Applied Economics Quarterly Pub Date : 2015-11-18 DOI: 10.3790/AEQ.61.2.115

Jörg Döpke, Philip Maschke

引用次数: 0

Developing Countries and Economies in Transition: The Nexus between Economic Growth and Income Inequality 发展中国家与转型经济体:经济增长与收入不平等之间的关系

Applied Economics Quarterly Pub Date : 2015-11-18 DOI: 10.3790/AEQ.61.2.155

Fadi Fawaz, Masha Rahnama, Victor J. Valcarcel

{"title":"Developing Countries and Economies in Transition: The Nexus between Economic Growth and Income Inequality","authors":"Fadi Fawaz, Masha Rahnama, Victor J. Valcarcel","doi":"10.3790/AEQ.61.2.155","DOIUrl":"https://doi.org/10.3790/AEQ.61.2.155","url":null,"abstract":"The relationship between economic growth and income inequality has been extensively investigated by previous studies. However, the studies have produced mixed evidences about the relationship. Previous studied have either exclusively focused on developed countries or on large panels with a larger share of developed than developing economies. In what we believe to be a first effort, in this study we have focused on low-income and high-income developing countries and the economies in transition to ascertain the relationship between economic growth and income inequality. The classification of the countries into the low-income and high-income developing countries and economies in transition are based on the classification of the World Bank as well as our own classification based on an income threshold that is endogenously estimated by our model. The classifications of countries according to their national incomes and stage of their development generate homogeneous samples leading to more robust inference about the relationship between economic growth and income inequality. We have used fixed-effects and dynamic panel technique such as system GMM estimation in our analysis to mitigate endogeneity problem. We have found strong evidence of a negative relationship between economic growth and income inequality in low-income developing countries and strong evidence of a positive relationship between economic growth and income inequality in high-income developing countries and in economies in transition.","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"61 1","pages":"155-174"},"PeriodicalIF":0.0,"publicationDate":"2015-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70167187","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Analyzing BRIC Competitiveness in the EU-14, Japan, US and Norway 分析金砖四国在欧盟14国、日本、美国和挪威的竞争力

Applied Economics Quarterly Pub Date : 2015-09-01 DOI: 10.3790/AEQ.61.3.229

Thannaletchimy Thanagopal

{"title":"Analyzing BRIC Competitiveness in the EU-14, Japan, US and Norway","authors":"Thannaletchimy Thanagopal","doi":"10.3790/AEQ.61.3.229","DOIUrl":"https://doi.org/10.3790/AEQ.61.3.229","url":null,"abstract":"Constant Market Shares Analysis is useful in explaining the gain in export market shares of a country through two terms – structural and competitive effect. However, the model fails to define the type of competitiveness – whether a country is competitive in terms of prices (price competitiveness) or in terms of non-price factors such as quality and variety (non-price competitiveness). This article attempts to improve this analysis by estimating individual price and non-price competitive effect using an export share equation. Our article is original in representing product quality with a ‘knowledge’ variable that reflects the technological know-how of the country including knowledge spillovers from other countries and industries. Using a highly disaggregated industrial trade data over a period of 16 years (1996 to 2011), we find evidence of competitive effects in BRIC exports towards major industrialized countries namely EU-14 (excluding Luxembourg), Japan, United States and Norway. We also find that this gain in export market share is largely attributed to better price competition rather than non-price competition. The industrial results, however, indicate the presence of non-price competitiveness in selected homogeneous product sectors during this period, suggesting the beginning of a shift in BRIC export competitiveness.","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"61 1","pages":"229-260"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70167392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Simple Analytics of the Dynamic Laffer Curve Under Alternative Financing Schemes 备选融资方案下动态Laffer曲线的简单分析

Applied Economics Quarterly Pub Date : 2015-09-01 DOI: 10.3790/AEQ.61.3.199

Y. Tsuchiya

引用次数: 1

Do Swedish Consumer Confidence Indicators Do What They Are Intended to Do 瑞典消费者信心指数达到预期效果了吗

Applied Economics Quarterly Pub Date : 2015-09-01 DOI: 10.3790/AEQ.61.4.391

Bengt Assarsson, Pär Österholm

{"title":"Do Swedish Consumer Confidence Indicators Do What They Are Intended to Do","authors":"Bengt Assarsson, Pär Österholm","doi":"10.3790/AEQ.61.4.391","DOIUrl":"https://doi.org/10.3790/AEQ.61.4.391","url":null,"abstract":"In this paper, we investigate whether the two main consumer confidence indicators available for Sweden – that of the National Institute of Economic Research and that of the European Commission – can nowcast Swedish household consumption expenditure. In a simulated out-of sample nowcast exercise, we find that the consumer confidence indicator of the National Institute of Economic Research appears most useful for this purpose. The root mean square error of the nowcast from the model employing this indicator is the lowest of all the studied models which rely on survey data. The nowcasting performance of the model using the consumer confidence indicator of the European Commission is less impressive; while it outperforms the simplest possible benchmark model, its root mean square error is considerably higher than that of the model relying on the consumer confidence indicator of the National Institute of Economic Research. An implication of our findings is that while the European Commission’s survey programme may have been successful in creating a set of harmonised data for the member countries of the European Union, it is not obvious that the harmonised indicators are the most relevant ones for analysis, nowcasting or forecasting in each country.","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"61 1","pages":"391-404"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70167409","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Tax Composition and its Impact on Growth in Israel: A Narrative Approach 以色列税收构成及其对经济增长的影响:一种叙事方法

Applied Economics Quarterly Pub Date : 2015-09-01 DOI: 10.3790/AEQ.61.3.293

Yaron Zelekha, Hadas Altit, Vered Baram

{"title":"Tax Composition and its Impact on Growth in Israel: A Narrative Approach","authors":"Yaron Zelekha, Hadas Altit, Vered Baram","doi":"10.3790/AEQ.61.3.293","DOIUrl":"https://doi.org/10.3790/AEQ.61.3.293","url":null,"abstract":"This study is unique in using a narrative approach framework to examine whether the very high ratio of indirect to direct taxes in Israel has affected growth in the short term. Indeed, the results suggest that a high ratio of indirect to direct taxes can create a unique environment in which the negative effect of indirect tax increase reaches the negative effect of direct tax increase. The results were stable and robust for both OLS and 2SLS analysis and numerous control variables. Furthermore, the negative effect of indirect tax was achieved in full in the short term, almost exactly as the well-known effect of direct tax documented in many studies. Our interactions analysis suggests that the negative effect of the direct tax is transmitted through both the labor and the capital channels while the negative effect of the indirect tax is transmitted mainly through the capital channel. The results contradict findings on developing countries as well as older results reported in papers on developed countries. Therefore, questions may arise regarding the aims of tax policy in developed countries which usually prefer to raise indirect taxes in order to minimize the negative effects of contractionary fiscal policy.","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"61 1","pages":"293-313"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70167599","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

EXPLAINING THE DETERMINANTS OF THE FREQUENCY OF EXCHANGE RATE INTERVENTIONS IN PERU USING COUNT MODELS 用计数模型解释秘鲁汇率干预频率的决定因素

Applied Economics Quarterly Pub Date : 2015-09-01 DOI: 10.3790/AEQ.61.3.261

Edgar Neyra, G. Rodríguez

引用次数: 0

Should Governments Subsidize Agricultural Insurances 政府应该补贴农业保险吗

Applied Economics Quarterly Pub Date : 2015-07-21 DOI: 10.3790/AEQ.61.1.65

G. Regos

引用次数: 2