INTERNATIONAL ECONOMICS AND ECONOMIC POLICY最新文献_第8页

Income distribution and total factor productivity: a cross-country panel cointegration analysis 收入分配与全要素生产率：跨国面板协整分析

IF 1.7

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-05-15 DOI: 10.1007/s10368-021-00494-6

D. K. Espoir, N. Ngepah

引用次数: 9

Quo Vadis, Britain? – Implications of the Brexit process on the UK’s real economy Quo Vadis英国?——英国脱欧进程对英国实体经济的影响

IF 1.7

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-03-31 DOI: 10.1007/s10368-021-00493-7

Kaan Celebi

引用次数: 3

Who absorbs the shock? An analysis of the fiscal impact of the COVID-19 crisis on different levels of government. 谁来吸收冲击?新冠肺炎危机对各级政府财政影响分析

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-10-23 DOI: 10.1007/s10368-021-00518-1

Sean Dougherty, Pietrangelo de Biase

{"title":"Who absorbs the shock? An analysis of the fiscal impact of the COVID-19 crisis on different levels of government.","authors":"Sean Dougherty, Pietrangelo de Biase","doi":"10.1007/s10368-021-00518-1","DOIUrl":"10.1007/s10368-021-00518-1","url":null,"abstract":"This paper discusses the fiscal impact of the COVID-19 crisis across levels of government. It contrasts the composition of revenues and expenditures of different levels of government and their main institutional differences. For revenues, an error correction model is used to estimate the short-term elasticities of different levels of government, showing that subnational governments' (SNGs) revenues are less sensitive to economic downturns than central governments', mostly because SNGs tend to rely more on recurrent taxes on immovable property. For expenditures, central governments are often responsible for the bulk of expenditure on social protection, while SNGs have a higher investment-to-revenue ratio. The combination of these differences of expenditure assignment with the substantial budget and borrowing constraints that SNGs face creates a tendency towards pro-cyclicality at the subnational level and counter-cyclicality at the central level. Furthermore, in the context of the COVID-19 crisis, in order for SNGs to have the fiscal capacity for necessary measures to tackle the outbreak, central governments supported SNGs mostly through intergovernmental grants. As a consequence, central governments have absorbed most of the shock.Supplementary information: The online version contains supplementary material available at 10.1007/s10368-021-00518-1.","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"18 1","pages":"517-540"},"PeriodicalIF":1.5,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8536911/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49090283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Digital and competing information sources: Impact on environmental concern and prospects for international policy cooperation. 数字和竞争性信息来源:对环境问题的影响和国际政策合作的前景

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-08-18 DOI: 10.1007/s10368-021-00503-8

Vladimir Udalov, Paul J J Welfens

{"title":"Digital and competing information sources: Impact on environmental concern and prospects for international policy cooperation.","authors":"Vladimir Udalov, Paul J J Welfens","doi":"10.1007/s10368-021-00503-8","DOIUrl":"10.1007/s10368-021-00503-8","url":null,"abstract":"The environmental concern of people in industrialized and developing countries is analyzed. Using the 2010-2014 wave of the World Value Survey (WVS), the main purpose of our analysis is to investigate the effect of different information sources on the affective, conative and behavioral components of the environmental concern of people in the developed and developing countries. As independent variables, we use a set of economic data as well as information-related variables, including the internet, mobile phones, TV, radio and newspapers. The digital variables of the internet and mobile phones turn out to have a highly significant impact on environmental concern so that digital modernization of countries should have pro-environmental impacts as a side effect of internet and mobile phone services expansion. With the developing countries catching-up vis-à-vis the OECD countries in the field of mobile phone density and internet density, respectively, one may expect better prospects for cooperation between developed and developing countries since attitudes/the environmental concern of people in developed and developing countries will become more similar. For international green cooperation and climate change policy progress, the new findings presented herein are crucial.","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"18 1","pages":"631-660"},"PeriodicalIF":1.5,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8372225/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45825168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effects of Covid-19 on Euro area GDP and inflation: demand vs. supply disturbances. 新冠肺炎对欧元区GDP和通胀的影响：需求与供应扰动

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-09-28 DOI: 10.1007/s10368-021-00516-3

Robert Kollmann

引用次数: 0

Nominal and real interest rates in OECD countries, changes in sight after covid-19? 经合组织国家的名义利率和实际利率，新冠肺炎后的变化？

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-08-28 DOI: 10.1007/s10368-021-00514-5

Claude Bismut, Ismaël Ramajo

引用次数: 0

Does corruption matter for FDI flows in the OECD? A gravity analysis. 腐败对经合组织的外国直接投资流动有影响吗？重力分析

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-04-17 DOI: 10.1007/s10368-021-00496-4

Tobias Zander

{"title":"Does corruption matter for FDI flows in the OECD? A gravity analysis.","authors":"Tobias Zander","doi":"10.1007/s10368-021-00496-4","DOIUrl":"10.1007/s10368-021-00496-4","url":null,"abstract":"In this paper, the effect of corruption on foreign direct investment (FDI) flows is analyzed. The literature is thus far divided regarding the effects of corruption: One hypothesis argues that corruption greases the wheels of government and is therefore beneficial while the other hypothesis argues that it sands the wheels of government leading to suboptimal results in an economy. For the empirical analysis, a dataset consisting of bilateral FDI data from the OECD and the control of corruption measure from the World Governance Indicators of the World Bank is compiled. To further analyze the effects of corruption the Panama Papers revelation is used as a corruption increasing event and the implementation into law of the OECD Anti-Bribery Convention is used as a corruption decreasing event. Finally, the difference between corruption levels in the target and the origin country, will be examined. Then, a gravity model with dyadic and time-fixed effects is employed to analyze the data. Findings are ambiguous in that corruption is positively correlated with FDI inflows in the target country and negatively correlated with FDI inflows in the origin country. The Panama Papers variable shows strong evidence, that the release of the Panama Papers resulted in a drop in FDI flows. Therefore, it seems that corruption has complex country specific effects and that target and source countries have to adopt varying policies with regards to corruption. The general effect of corruption harms FDI flows, as shown by the Panama Papers revelation.","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"18 1","pages":"347-377"},"PeriodicalIF":1.5,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8052553/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49055943","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Testing as an approach to control the Corona epidemic dynamics and avoid lockdowns. 测试是控制冠状病毒疫情动态和避免封锁的一种方法

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-02-19 DOI: 10.1007/s10368-021-00495-5

Thomas Gries, Paul J J Welfens

{"title":"Testing as an approach to control the Corona epidemic dynamics and avoid lockdowns.","authors":"Thomas Gries, Paul J J Welfens","doi":"10.1007/s10368-021-00495-5","DOIUrl":"10.1007/s10368-021-00495-5","url":null,"abstract":"Vaccinations, lockdowns and testing strategies are three potential elements of an effective anti-coronavirus, and in particular Covid-19, health policy. The following analysis considers - within a simple model - the potentially crucial role of a Corona testing approach in combination with a quarantine approach which is shown herein to be a substitute for broad lockdown measures. The cost of lockdowns/shutdowns are rather high so that - beyond progress in terms of a broad vaccination program - a rational testing strategy should also be carefully considered. Testing has to be organized on the basis of an adequate testing infrastructure which could largely be implemented in firms, schools, universities and public administration settings. As regards the cost of a systematic broad Covid-19 testing strategy, these could come close to 0.5% of national income if there are no vaccinations. The Testing & Quarantine approach suggested here - with tests for symptomatic as well as asymptomatic people - is based on a random sampling and would require rather broad and frequent testing; possibly one test per person every 7-10 days. At the same time, one should consider that the cost of further lockdowns/shutdowns of a duration of 1 month could be very high, such that a standard cost benefit analysis supports the testing approach suggested herein. Also, an optimal policy mix could be designed where both vaccinations and testing play a crucial role. As of late January 2021, no further lockdowns in Germany and other OECD countries would be necessary if a broad testing infrastructure can be established rather quickly. This in turn will reinforce economic optimism and help to jumpstart economic growth in Europe, the US and Asia in a solid way. The basic logic of the testing approach pointed out here for industrialized countries could also be applied in developing countries. The approach presented is complementary to the IMF analysis of Cherif/Hasanov.","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"18 1","pages":"1-24"},"PeriodicalIF":1.5,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7892290/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49326099","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Globalization, Freedoms and Economic convergence: an empirical exploration of a trivariate relationship using a large panel. 全球化、自由和经济趋同:使用大型面板对三元关系的实证探索

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-08-19 DOI: 10.1007/s10368-021-00512-7

Jorge Braga de Macedo, Joaquim Oliveira Martins, João Tovar Jalles

{"title":"Globalization, Freedoms and Economic convergence: an empirical exploration of a trivariate relationship using a large panel.","authors":"Jorge Braga de Macedo, Joaquim Oliveira Martins, João Tovar Jalles","doi":"10.1007/s10368-021-00512-7","DOIUrl":"10.1007/s10368-021-00512-7","url":null,"abstract":"Using a large panel for 95 countries and the 1972-2014 period, this paper analyses the interactions among globalization, political & civil rights and economic convergence, through a simultaneous estimation technique. We use a multi-dimensional, de facto, and continuous measures of Freedoms and Globalization. We find a two-way positive relationship between civil liberties & political rights and economic, political and social Globalization, as well as significant two-way relationships with the economic convergence (using as a proxy the ratio of GDP per capita to the US). In this way, we extend the test for the two-way relationship between Democracy and Globalization put forward by Eichengreen and Leblang (Econ Politics 20(3):289-334, 2008). Overall, we also find a virtuous cycle between Globalization, Freedoms and Economic convergence, except for non-OECD countries at early intermediate stages of development. This positive systemic effect can be put into question by the recent negative shocks on Globalization and Freedoms related to the Covid-19 pandemic.","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"18 1","pages":"605-629"},"PeriodicalIF":1.5,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8373604/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43401701","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

How lockdown causes a missing generation of start-ups and jobs. 封锁如何导致新一代初创企业和工作岗位的流失

IF 1.5

INTERNATIONAL ECONOMICS AND ECONOMIC POLICY Pub Date : 2021-01-01 Epub Date: 2021-08-21 DOI: 10.1007/s10368-021-00513-6

Shyngys Karimov, Jozef Konings

引用次数: 0