Review of World Economics
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Efficiency in German and Japanese foreign exchange markets: Evidence from cointegration techniques
Review of World Economics - Tập 128 - Trang 1-20 - 1992
Effizienz auf deutschen und japanischen Devisenmärkten. Einige Ergebnisse der Kointegrationstechnik. - Die Effizienz auf deutschen und japanischen Devisenmärkten wird mit Hilfe von Kointegrationstechniken für die Periode floatender Wechselkurse zwischen 1973 und 1989 getestet. Einige Ergebnisse stützen die Effizienz-Hypothese: Die Kointegration von Märkten mit unterschiedlichen Währungen wird eind......
Errors-in-variables, supply side effects, and price elasticities in foreign trade
Review of World Economics - Tập 134 - Trang 612-637 - 1998
Errors-in-Variables, Supply Side Effects, and Price Elasticities in Foreign Trade.—Previous estimates of price elasticities in foreign trade are likely to be biased upward due to errors-in-variables, omission of supply side influences, aggregation, bad measurement of price competitiveness, and misspecification of the estimation equations. This paper incorporates the supply side into the traditiona......
Assessing convergence to purchasing power parity: A panel study for ten OECD countries
Review of World Economics - Tập 133 - Trang 297-312 - 1997
Assessing Convergence to Purchasing Power Parity: A Panel Study for 10 OECD Countries. — The paper analyzes whether post-Bretton Woods real exchange rates of ten OECD countries are nonstationary so that long-run purchasing power parity (PPP) can be considered to hold. A test procedure is proposed which treats the various real exchange rates as a panel but still allows to assess the rate of converg......
Die volkswirtschaftlichen kosten des umweltschutzes
Review of World Economics - Tập 108 Số 2 - Trang 298-318 - 1972
The effects of the Kyoto Protocol on the carbon trade balance
Review of World Economics - Tập 155 - Trang 539-574 - 2019
This study presents estimates of the magnitude of carbon leakage as a consequence of emission reduction commitments under the Kyoto Protocol using gravity model-style regression analysis on data from the WIOD project. The carbon trade balance between 2002 and 2009 was reduced by 705 megatons of carbon dioxide due to Kyoto and carbon leakage amounts to slightly above 4% of traded carbon dioxide emi......
Are workers more vulnerable in tradable industries?
Review of World Economics - Tập 152 - Trang 283-320 - 2016
Reduced trade barriers and lower costs of transportation and information have meant that a growing part of the economy has been exposed to international trade. In particular, this is the case in the service sector. We divide the service sector into a tradable and a non-tradable part using an approach to identify tradable industries utilizing a measure of regional concentration of production.
We e......
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