The Experts below are selected from a list of 16479 Experts worldwide ranked by ideXlab platform

Manuel Artis - One of the best experts on this subject based on the ideXlab platform.

  • regional externalities and growth evidence from european regions
    Journal of Regional Science, 2004
    Co-Authors: Enrique Lopezbazo, Esther Vaya, Manuel Artis
    Abstract:

    This paper models externalities of production across regional economies. Under the assumption that knowledge diffuses without political or administrative barriers, we derive externalities that affect the steady state and the process of growth of each economy. The empirical counterpart of the Reduced Form Equation summarizing the process of growth allows us to test for the presence of regional spillovers and to measure their magnitude. Our results for a sample of European regions show that spillovers are far from negligible, are robust to the consideration of variables within each region, and may cause nondecreasing returns at the spatial aggregate level. The paper also relates previous empirical evidence on spatial dependence in growth studies to the externalities modeled here.

Enrique Lopezbazo - One of the best experts on this subject based on the ideXlab platform.

  • regional externalities and growth evidence from european regions
    Journal of Regional Science, 2004
    Co-Authors: Enrique Lopezbazo, Esther Vaya, Manuel Artis
    Abstract:

    This paper models externalities of production across regional economies. Under the assumption that knowledge diffuses without political or administrative barriers, we derive externalities that affect the steady state and the process of growth of each economy. The empirical counterpart of the Reduced Form Equation summarizing the process of growth allows us to test for the presence of regional spillovers and to measure their magnitude. Our results for a sample of European regions show that spillovers are far from negligible, are robust to the consideration of variables within each region, and may cause nondecreasing returns at the spatial aggregate level. The paper also relates previous empirical evidence on spatial dependence in growth studies to the externalities modeled here.

Esther Vaya - One of the best experts on this subject based on the ideXlab platform.

  • regional externalities and growth evidence from european regions
    Journal of Regional Science, 2004
    Co-Authors: Enrique Lopezbazo, Esther Vaya, Manuel Artis
    Abstract:

    This paper models externalities of production across regional economies. Under the assumption that knowledge diffuses without political or administrative barriers, we derive externalities that affect the steady state and the process of growth of each economy. The empirical counterpart of the Reduced Form Equation summarizing the process of growth allows us to test for the presence of regional spillovers and to measure their magnitude. Our results for a sample of European regions show that spillovers are far from negligible, are robust to the consideration of variables within each region, and may cause nondecreasing returns at the spatial aggregate level. The paper also relates previous empirical evidence on spatial dependence in growth studies to the externalities modeled here.

Yu Hsing - One of the best experts on this subject based on the ideXlab platform.

  • Short-Run Determinants of the IDR/USD Exchange Rate: A Simultaneous-Equation Model
    Global Economy Journal, 2015
    Co-Authors: Yu Hsing
    Abstract:

    This paper examines short-run determinants of the Indonesian rupiah/USD exchange rate based on a simultaneous-Equation model. Based on a Reduced Form Equation and the EGARCH method, the paper finds that the IDR/USD exchange rate is positively associated with the real 10-year U.S. government bond yield, real GDP in Indonesia, the stock price in the U.S. and the expected exchange rate and negatively influenced by the real deposit rate in Indonesia, real GDP in the U.S., and the stock price in Indonesia. The Asian financial crisis has shifted the mean exchange rate by 4,900.857.

  • Test of an inverted J-curve hypothesis between the expected real exchange rate and real output: the case of Hungary
    International Journal of Economics and Business Research, 2011
    Co-Authors: Yu Hsing
    Abstract:

    Applying a Reduced Form Equation derived from a simultaneous system and the interactive dummy variable technique, this paper finds that expected real depreciation raises real output for Hungary in early years whereas expected real appreciation increases real output in later years. Hence, there is evidence of an inverted J-curve relationship between the expected real exchange rate and real output. In addition, a lower ratio of government consumption spending to GDP, a higher real financial stock price, and/or a lower expected inflation rate would increase real GDP for Hungary.

H. Sonmez Atesoglu - One of the best experts on this subject based on the ideXlab platform.

  • Stock Prices and Employment
    Journal of Post Keynesian Economics, 2002
    Co-Authors: H. Sonmez Atesoglu
    Abstract:

    In this article, effects of stock price developments on employment are examined. For this purpose, the Reduced-Form Equation of the Keynes-Weintraub-Davidson model for employment is augmented with stock prices. Estimation of the Reduced-Form Equation, employing cointegration methodology and quarterly data for the 1991: 1–2000:4 period, reveals that while stock prices have a positive effect on employment, this effect is marginal compared to that of autonomous expenditures in wage units in determining the path of employment.