- Munich Personal RePEc Archive
... very convenient from a comprehensive discretionary perspective, because it does not take into consideration government investment (capital expenditures), key in emerging exporting economies especially during commodity price booms. With respect to the use of fiscal balance, the problem is that it is ...
... very convenient from a comprehensive discretionary perspective, because it does not take into consideration government investment (capital expenditures), key in emerging exporting economies especially during commodity price booms. With respect to the use of fiscal balance, the problem is that it is ...
Climate Change Mitigation and OPEC Economies
... Petroleum Exporting Countries (OPEC) economies and global climate change mitigation policies with a view to determining the energy exports demand security risks of OPEC member states. The successful implementation of a universally adopted climate regime has been marred with controversies as differen ...
... Petroleum Exporting Countries (OPEC) economies and global climate change mitigation policies with a view to determining the energy exports demand security risks of OPEC member states. The successful implementation of a universally adopted climate regime has been marred with controversies as differen ...
Do Oil Price Shocks Affect Household Consumption?
... comprising of oil price shocks due to demand or supply gaps, has been seen to affect economies of not only oil-producers but also the oil-consumers in general. Historically most of the oil price shocks arose from political conflicts or supply gaps. The history of oil price shocks dates back to the 1 ...
... comprising of oil price shocks due to demand or supply gaps, has been seen to affect economies of not only oil-producers but also the oil-consumers in general. Historically most of the oil price shocks arose from political conflicts or supply gaps. The history of oil price shocks dates back to the 1 ...
the growth response to natural disasters
... plays an important role in mitigating a countries’ vulnerability to catastrophic incidences. Skidmore and Toya (2007) investigated the effects of the level of development on disaster impacts, using a dataset of natural disasters incurred in 151 countries over the period from 1960 to 2003. The analys ...
... plays an important role in mitigating a countries’ vulnerability to catastrophic incidences. Skidmore and Toya (2007) investigated the effects of the level of development on disaster impacts, using a dataset of natural disasters incurred in 151 countries over the period from 1960 to 2003. The analys ...
NBER WORKING PAPER SERIES Francesco Caselli
... contribution is Litschig’s (2008) study of federal transfers to Brazilian municipalities, exploiting discontinuities in the transfer-allocation rule. He finds that these windfalls translate into increased educational spending and gains in schooling. Also related is the discovery by Reinikka and Sve ...
... contribution is Litschig’s (2008) study of federal transfers to Brazilian municipalities, exploiting discontinuities in the transfer-allocation rule. He finds that these windfalls translate into increased educational spending and gains in schooling. Also related is the discovery by Reinikka and Sve ...
Do increases in oil prices precede US recessions?
... 5.2 Oil price trends in the U.S....................................................................................... 21 5.3 Oil consumption trends ........................................................................................... 22 5.4 Oil Shocks ......................................... ...
... 5.2 Oil price trends in the U.S....................................................................................... 21 5.3 Oil consumption trends ........................................................................................... 22 5.4 Oil Shocks ......................................... ...
Are We Consuming Too Much?
... can vary by location. A natural resource in one place, like a local woodland, is not the same economic commodity as the same natural resource in another place. Dasgupta (1993) discusses the implications of local nonsubstitutability for the world’s poorest people, who often have no substitutes availa ...
... can vary by location. A natural resource in one place, like a local woodland, is not the same economic commodity as the same natural resource in another place. Dasgupta (1993) discusses the implications of local nonsubstitutability for the world’s poorest people, who often have no substitutes availa ...
Conditional Convergence and the Solow Model: an Empirical Study
... model, and further economic literature, has found α to be equal to about one third.This implies that the coefficients of the savings rate and the population growth must be around 0.5 and -0.5, respectively. The brief description of the main aspects of the Solow model, provided above, has establishe ...
... model, and further economic literature, has found α to be equal to about one third.This implies that the coefficients of the savings rate and the population growth must be around 0.5 and -0.5, respectively. The brief description of the main aspects of the Solow model, provided above, has establishe ...
THE AMERICAN UNIVERSITY IN CAIRO SCHOOL OF HUMANITIES AND SOCIAL SCIENCES
... violence be explained in the oil-rich nation of Venezuela since the 1980s? The once relatively peaceful nation of Venezuela has seen a dramatic rise in social violence over the last three decades that has placed her amongst some of the world’s most dangerous countries. A review of the relevant liter ...
... violence be explained in the oil-rich nation of Venezuela since the 1980s? The once relatively peaceful nation of Venezuela has seen a dramatic rise in social violence over the last three decades that has placed her amongst some of the world’s most dangerous countries. A review of the relevant liter ...
Understanding the Impact of Natural Disasters: Exposure to Direct
... which cause immediate loss and disruption, from the “slow on-set” events such as droughts. From an economic point of view, it is also useful to distinguish “low-frequency, high-severity” events, such as geophysical hazards, which cause large one-time losses from “high-frequency, low-severity” events ...
... which cause immediate loss and disruption, from the “slow on-set” events such as droughts. From an economic point of view, it is also useful to distinguish “low-frequency, high-severity” events, such as geophysical hazards, which cause large one-time losses from “high-frequency, low-severity” events ...
Oil Scarcity, Growth and Global Imbalances
... level relative to the prices of other goods and services indicates scarcity, a low price indicates abundance, and changes in price over long periods signal changes in scarcity. Well-known models of commodity extraction also imply that the market price generally serves as a reliable guide to the oppo ...
... level relative to the prices of other goods and services indicates scarcity, a low price indicates abundance, and changes in price over long periods signal changes in scarcity. Well-known models of commodity extraction also imply that the market price generally serves as a reliable guide to the oppo ...
Resource productivity, competitiveness and environmental policies
... been risen much faster than the price of energy and materials which –with exception of the period 2003-2008- remained more or less constant over the last 30 years. The increase in resource productivity of the EU is therefore most likely partly a natural phenomenon inherently in the process of econom ...
... been risen much faster than the price of energy and materials which –with exception of the period 2003-2008- remained more or less constant over the last 30 years. The increase in resource productivity of the EU is therefore most likely partly a natural phenomenon inherently in the process of econom ...
Oil price shocks and real GDP growth: empirical evidence for
... In fact, the declines in oil prices occurred over the second half of the 1980s were found to have smaller positive effects on economic activity than predicted by linear models. Thus, some authors introduced non-linear transformations of oil prices to re-establish the negative relationship between inc ...
... In fact, the declines in oil prices occurred over the second half of the 1980s were found to have smaller positive effects on economic activity than predicted by linear models. Thus, some authors introduced non-linear transformations of oil prices to re-establish the negative relationship between inc ...
Vol. 32 - Gabon Sub
... from Gabon’s various ethnic groups to positions in the government including prime minister. Thus, the unrest following the election was relatively short-term and conditions in the country are now stable, however, one must watch the new administration to see if it seeks to remove and eliminate opposi ...
... from Gabon’s various ethnic groups to positions in the government including prime minister. Thus, the unrest following the election was relatively short-term and conditions in the country are now stable, however, one must watch the new administration to see if it seeks to remove and eliminate opposi ...
Aff Oil DA Classic - Open Evidence Archive
... says author Steve LeVine, writing at Foreign Policy, “but reasonable doubt that they went up to that level just last week in response to Libya.” More likely, they boosted production some time ago to help meet domestic demand. “If they were producing that much then,” LeVine says, “it does not necessa ...
... says author Steve LeVine, writing at Foreign Policy, “but reasonable doubt that they went up to that level just last week in response to Libya.” More likely, they boosted production some time ago to help meet domestic demand. “If they were producing that much then,” LeVine says, “it does not necessa ...
PDF
... Model results show that Malawi’s GDP would be least vulnerable to volatility in tobacco export earnings if gains in yield and marketing efficiency were combined with an export-GDP relationship that was symmetric, that is, with rising and falling exports having GDP impacts of equal magnitude. Growth ...
... Model results show that Malawi’s GDP would be least vulnerable to volatility in tobacco export earnings if gains in yield and marketing efficiency were combined with an export-GDP relationship that was symmetric, that is, with rising and falling exports having GDP impacts of equal magnitude. Growth ...
PDF
... The political revolution model of expropriation has not been truly tested. However, Jones (1980) found some support for a relationship between domestic unrest and expropriation, whereas Jodice (1980) did not. The political risk model has been directly tested with Knudsen (1974), Jones (1984), and Pi ...
... The political revolution model of expropriation has not been truly tested. However, Jones (1980) found some support for a relationship between domestic unrest and expropriation, whereas Jodice (1980) did not. The political risk model has been directly tested with Knudsen (1974), Jones (1984), and Pi ...
the dynamic effects of aggregate demand, supply and oil price
... in economic £uctuations. By investigating the nature of the shocks that causes these cycles, I ask whether the di¡erent shocks are symmetric across countries, or whether for instance all countries have responded more to idiosyncratic (country-speci¢c) demand and supply shocks. The model that is used ...
... in economic £uctuations. By investigating the nature of the shocks that causes these cycles, I ask whether the di¡erent shocks are symmetric across countries, or whether for instance all countries have responded more to idiosyncratic (country-speci¢c) demand and supply shocks. The model that is used ...
externalities1 (new window)
... Many people mistakenly believe that resources are more likely to be conserved for the future and less likely to be depleted if they are owned in common than if they are private property. In fact, quite the opposite is true. If one person conserves on current use of a common property resource, that p ...
... Many people mistakenly believe that resources are more likely to be conserved for the future and less likely to be depleted if they are owned in common than if they are private property. In fact, quite the opposite is true. If one person conserves on current use of a common property resource, that p ...
Exploring the Causes and Effects of Revenue Decentralization
... Although the statistics in table 1 indicate that more economically developed economies collect a greater share of public finances at the local level, few analysts would argue that this correlation is evidence that higher revenue decentralization is actually the cause of faster economic development. ...
... Although the statistics in table 1 indicate that more economically developed economies collect a greater share of public finances at the local level, few analysts would argue that this correlation is evidence that higher revenue decentralization is actually the cause of faster economic development. ...
