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European Communities
(40 results)-
White Papers
Healthcare Professionals Identification at Regional and Local Level: An RFId Integrated Scenario Based on Synergic Experiences
January 1, 2009, 12:00am PST
This paper presents a perspective scenario of synergy on the themes of identification provisioning and traceability, which may bind closely two top tier projects in the Lombardy Region, Italy. The...
Provided by European Communities
-
White Papers
The Impact Of Innovation On Labor Productivity Growth In European Industries: Does It Depend On Firms- Competitiveness Strategies?
September 1, 2009, 12:00am PDT
The diversity of technological activities that contribute to growth in labor productivity is examined in this paper for manufacturing and services industries in eight major EU countries. The...
Provided by European Communities
-
White Papers
The Global Economic And Financial Downturn: What Does It Imply For Firms- R&D Strategies?
July 30, 2009, 12:00am PDT
R&D as well as the entire innovation process are likely to be affected by the current crisis. Apart from changes in R&D spending, as any crisis usually provides also chances it may stimulate a new...
Provided by European Communities
-
White Papers
Innovation Input And Output: Differences Among Sectors
July 30, 2009, 12:00am PDT
This paper investigates deals with the impact of various innovation activities on innovation output by using Spanish CIS3 data on 3,247 innovative firms and applying several Knowledge Production...
Provided by European Communities
-
White Papers
Business R&D In SMEs
May 21, 2009, 12:00am PDT
This paper discusses business R&D in SMEs in the light of a systematic review of publicly available information on industrial R&D, its common trends and related emerging issues. A number of...
Provided by European Communities
-
White Papers
Services R&D
May 21, 2009, 12:00am PDT
This paper analyses the nature of service R&D activity and growth. The role and significance of R&D in services has been growing rapidly recently, although in the context of services it is also...
Provided by European Communities
-
White Papers
EU-R&D In Services Industries And The EU-US R&D Investment Gap
May 21, 2009, 12:00am PDT
Under the influence of the Lisbon Strategy (2000), the Barcelona '3%' objective (2002) for more investment in research in Europe and the renewed Lisbon Strategy (2005), increased attention has...
Provided by European Communities
-
White Papers
R&D And Productivity: Testing Sectoral Peculiarities Using Micro Data
May 21, 2009, 12:00am PDT
The aim of this paper is to investigate the relationship between a firm's R&D activities and its productivity using a unique micro data panel dataset and looking at sectoral peculiarities which...
Provided by European Communities
-
White Papers
EU-US Differences In The Size Of R&D Intensive Firms
May 21, 2009, 12:00am PDT
The average firm size of the top R&D investors among US-based companies is smaller than that of the EU-based firms. Does this help to explain why the US has a greater R&D intensity, or is the...
Provided by European Communities
-
White Papers
Taxation Policy In EMU
March 1, 2008, 12:00am PST
This paper proposes to examine whether and how the introduction of the Euro changed the impact of taxes on the economy or influenced the direction of tax policy. The paper surveys potential...
Provided by European Communities
-
White Papers
Government Expenditure And Economic Growth In The EU: Long-Run Tendencies And Short-Term Adjustment
February 1, 2008, 12:00am PST
This paper analyses both the long and the short-run relation between government expenditure and potential output in EU countries by means of pooled mean group estimation (Pesaran, Shin, and Smith...
Provided by European Communities
-
White Papers
Economic Governance In An Enlarged Euro Area
March 1, 2008, 12:00am PST
Ten years on from its launch, it is clear that EMU, which has to be regarded as a more profound regime change than is often acknowledged, has had a pronounced effect on economic governance. As a...
Provided by European Communities
-
White Papers
The Impact Of EMU On Growth And Employment
April 1, 2008, 12:00am PDT
This paper addresses and evaluates the impacts of the introduction of the euro on both actual and potential output and employment in the Euro Area. In order to achieve this, a descriptive and...
Provided by European Communities
-
White Papers
Growth And Income Distribution In An Integrated Europe: Does EMU Make A Difference?
June 1, 2008, 12:00am PDT
The relationship between growth and income inequality has occupied the attention of the profession for some 50 years, since the appearance of Kuznets (1955) pioneering work, and is both important...
Provided by European Communities
-
White Papers
The Quality Of Public Finances And Economic Growth
September 1, 2008, 12:00am PDT
Improving the Quality of Public Finances (QPF) has become a new focus for European policy makers. This focus is largely a response to preparing the European economies for the dual challenge of...
Provided by European Communities
-
White Papers
Fiscal Policy, Intercountry Adjustment and the Real Exchange Rate
October 10, 2008, 12:00am PDT
The paper argues that an improved fiscal policy process might result in improved macro-economic performance within Europe. Within EMU, a country may have difficulty ensuring stability in the face...
Provided by European Communities
-
White Papers
Adjustment Capacity Of Labour Markets Of The Western Balkans, With A Focus On Labour Markets
November 1, 2008, 12:00am PDT
The main question addressed in this paper is the performance of the labor markets in the Western Balkans. The aim was to find out whether they can deliver growth of employment and decline of...
Provided by European Communities
-
White Papers
The Great Financial Crisis In Finland And Sweden The Dynamics Of Boom, Bust And Recovery, 1985-2000
December 1, 2008, 12:00am PST
This paper explores the anatomy of the boom, deep depression and recovery in the Finnish and Swedish economies in the period 1985-2000. These fifteen years are divided into three phases: financial...
Provided by European Communities
-
White Papers
Constricted, Lame And Pro-Cyclical? Fiscal Policy In The Euro Area Revisited
December 1, 2008, 12:00am PST
It is often argued that fiscal stabilization in the euro area compares unfavorably with the US, not least because of the perceived limitations of the Stability and Growth Pact. This paper...
Provided by European Communities
-
White Papers
What Explains The Differences In Income And Labour Utilisation And Drives Labour And Economic Growth In Europe? A GDP Accounting Perspective
January 1, 2009, 12:00am PST
The paper decomposes GDP both in terms of level per capita and growth rate, so as to identify the sources of income differences and of economic growth for all EU27 member states. This accounting...
Provided by European Communities
-
White Papers
International Taxation And Multinational Firm Location Decision
January 1, 2009, 12:00am PST
Using a large international firm-level data set, the authors estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation...
Provided by European Communities
-
White Papers
Fiscal Policy With Credit Constrained Household
January 1, 2009, 12:00am PST
This paper explores the effects of discretionary fiscal policy in a DSGE model that explicitly models housing investment and allows for credit constrained households along the lines of the...
Provided by European Communities
-
White Papers
Setting Targets For Government Budgets In The Pursuit Of Intergenerational Equit
April 1, 2009, 12:00am PDT
The Stability and Growth Pact (SGP) adopted in 1997 originally set budget balance as the Medium-Term Objective (MTO) for all EU Member States, to create a safety margin under the 3% of GDP deficit...
Provided by European Communities
-
White Papers
The EU Enlargement And Economic Growth In The CEE New Member Countries
March 1, 2009, 12:00am PST
In this paper, the authors aim to check whether the EU enlargement contributed to economic growth of ten new member countries from Central and Eastern Europe (CEE-10), including their real...
Provided by European Communities
-
White Papers
The Cyclically-Adjusted Budget Balance In EU Fiscal Policy Making: A Love At First Sight Turned Into A Mature Relationship
March 1, 2009, 12:00am PST
The Cyclically-adjusted Budget Balance (CAB) plays a key role in the fiscal surveillance framework of the Economic and Monetary Union. It started off in a supporting role in the shadow of the...
Provided by European Communities
-
White Papers
The Diffusion/Adoption Of Innovation In The IntThe Diffusion/Adoption Of Innovation In The Internal Marketernal Market
September 1, 2009, 12:00am PDT
In the Lisbon Strategy, the Member States and the European Commission recognized that increasing innovation is a key to respond to the challenge offered by globalization. When studying this...
Provided by European Communities
-
White Papers
Growth And Economic Crises In Turkey: Leaving Behind A Turbulent Past
October 1, 2009, 12:00am PDT
This paper first looked into Turkey's growth patterns and economic catching-up since the end of the Second World War and observed that the performance was sub-optimal for two reasons. Until the...
Provided by European Communities
-
White Papers
Determinants Of Intra-Euro Area Government Bond Spreads During The Financial Crisis
November 1, 2009, 12:00am PDT
This paper provides an empirical analysis of the determinants of government bond yield spreads in the euro area with a focus on developments during the global financial crisis that started in...
Provided by European Communities
-
White Papers
Institutions And Performance In European Labour Markets: Taking A Fresh Look At Evidence
November 1, 2009, 12:00am PDT
This paper presents a selective survey of the recent literature on labor market institutions and offers new empirical EU-based evidence on the impact of labor market reforms on employment and...
Provided by European Communities
-
White Papers
Quality Of Public Finances In Support Of Growth In The Mediterranean Partner Countries Of The EU (Study)
December 1, 2009, 12:00am PST
Until the early 1990s, the discussions on fiscal policy primarily largely centered on the functions of economic stabilization, income redistribution and resource allocation. Long-term growth was...
Provided by European Communities
-
White Papers
A Fresh Look At Business Cycle Synchronisation In The Euro Area
September 1, 2007, 12:00am PDT
This paper revisits the issue of business cycle synchronisation in the euro area looking back on more than eight years of EMU experience. The dispersion of output gaps across Member States has...
Provided by European Communities
-
White Papers
Pension Systems, Ageing And The Stability And Growth Pact
October 1, 2007, 12:00am PDT
This paper explores how the Stability and Growth Pact may cope with the future costs of population ageing in the European Union. Clearly, population ageing has forced countries to reform their...
Provided by European Communities
-
White Papers
Taxation Trends In The European Union
May 29, 2009, 12:00am PDT
The Taxation trends in the European Union appear at a time of upheaval. The effects of the global economic and financial crisis have hit the EU with increasing force from the second half of 2008....
Provided by European Communities
-
White Papers
Growth And Economic Policy: Are There Speed Limits To Real Convergence?
December 1, 2007, 12:00am PST
Real convergence in the Recently Acceded EU Member States (RAMS) is taking place in a new environment, with important implications for convergence and vulnerabilities. Financial liberalization can...
Provided by European Communities
-
White Papers
Asset Booms And Tax Receipts: The Case Of Spain, 1995-2006
November 1, 2007, 12:00am PDT
At about 3¾% for more than 10 years in a row, Spain is enjoying the longest period of sustained growth above the euro area since the late sixties. This period is also characterised by a...
Provided by European Communities
-
White Papers
How To Close The Productivity Gap Between The US And Europe: A Quantitative Assessment Using A Semi-Endogenous Growth Model
January 1, 2010, 12:00am PST
This paper uses a semi-endogenous growth model to identify possible sources for three interrelated stylised differences between the EU and the US, namely a higher level of productivity and...
Provided by European Communities
-
White Papers
A Comparison Of Structural Reform Scenarios Across The EU Member States
December 1, 2009, 12:00am PST
This paper calibrates the Roeger-Varga-Veld (2008) micro-founded DSGE model with endogenous growth for all EU member states using country specific structural characteristics and employs the...
Provided by European Communities
-
White Papers
Competitiveness And Growth In EMU: The Role Of The External Sector In The Adjustment Of The Spanish Economy
January 1, 2009, 12:00am PST
This paper assesses the relevance of the competitiveness argument in the debate on the current situation of the Spanish economy. The authors estimate error-correction models for exports and...
Provided by European Communities
-
White Papers
Structural Reforms In The EU: A Simulation-Based Analysis Using The QUEST Model With Endogenous Growth
December 1, 2008, 12:00am PST
This paper describes a micro-founded DSGE model with endogenous growth that is used to analyze the macroeconomic impact of structural reforms in Europe. The new QUEST III model is a useful tool...
Provided by European Communities
-
White Papers
Implications Of EMU For Global Macroeconomic And Financial Stability
May 1, 2008, 12:00am PDT
This paper assesses the implications of EMU for world macroeconomic and financial stability. After reviewing the predictions made by the literature, it looks at the evidence of the first ten years...
Provided by European Communities
-
White Papers
Implications Of EMU For Global Macroeconomic And Financial Stability
May 1, 2008, 12:00am PDT
This paper assesses the implications of EMU for world macroeconomic and financial stability. After reviewing the predictions made by the literature, it looks at the evidence of the first ten years...
Provided by European Communities
-
White Papers
Structural Reforms In The EU: A Simulation-Based Analysis Using The QUEST Model With Endogenous Growth
December 1, 2008, 12:00am PST
This paper describes a micro-founded DSGE model with endogenous growth that is used to analyze the macroeconomic impact of structural reforms in Europe. The new QUEST III model is a useful tool...
Provided by European Communities
-
White Papers
Competitiveness And Growth In EMU: The Role Of The External Sector In The Adjustment Of The Spanish Economy
January 1, 2009, 12:00am PST
This paper assesses the relevance of the competitiveness argument in the debate on the current situation of the Spanish economy. The authors estimate error-correction models for exports and...
Provided by European Communities
-
White Papers
A Comparison Of Structural Reform Scenarios Across The EU Member States
December 1, 2009, 12:00am PST
This paper calibrates the Roeger-Varga-Veld (2008) micro-founded DSGE model with endogenous growth for all EU member states using country specific structural characteristics and employs the...
Provided by European Communities
-
White Papers
How To Close The Productivity Gap Between The US And Europe: A Quantitative Assessment Using A Semi-Endogenous Growth Model
January 1, 2010, 12:00am PST
This paper uses a semi-endogenous growth model to identify possible sources for three interrelated stylised differences between the EU and the US, namely a higher level of productivity and...
Provided by European Communities
-
White Papers
Asset Booms And Tax Receipts: The Case Of Spain, 1995-2006
November 1, 2007, 12:00am PDT
At about 3¾% for more than 10 years in a row, Spain is enjoying the longest period of sustained growth above the euro area since the late sixties. This period is also characterised by a...
Provided by European Communities
-
White Papers
Growth And Economic Policy: Are There Speed Limits To Real Convergence?
December 1, 2007, 12:00am PST
Real convergence in the Recently Acceded EU Member States (RAMS) is taking place in a new environment, with important implications for convergence and vulnerabilities. Financial liberalization can...
Provided by European Communities
-
White Papers
Taxation Trends In The European Union
May 29, 2009, 12:00am PDT
The Taxation trends in the European Union appear at a time of upheaval. The effects of the global economic and financial crisis have hit the EU with increasing force from the second half of 2008....
Provided by European Communities
-
White Papers
Pension Systems, Ageing And The Stability And Growth Pact
October 1, 2007, 12:00am PDT
This paper explores how the Stability and Growth Pact may cope with the future costs of population ageing in the European Union. Clearly, population ageing has forced countries to reform their...
Provided by European Communities
-
White Papers
A Fresh Look At Business Cycle Synchronisation In The Euro Area
September 1, 2007, 12:00am PDT
This paper revisits the issue of business cycle synchronisation in the euro area looking back on more than eight years of EMU experience. The dispersion of output gaps across Member States has...
Provided by European Communities
-
White Papers
Quality Of Public Finances In Support Of Growth In The Mediterranean Partner Countries Of The EU (Study)
December 1, 2009, 12:00am PST
Until the early 1990s, the discussions on fiscal policy primarily largely centered on the functions of economic stabilization, income redistribution and resource allocation. Long-term growth was...
Provided by European Communities
-
White Papers
Institutions And Performance In European Labour Markets: Taking A Fresh Look At Evidence
November 1, 2009, 12:00am PDT
This paper presents a selective survey of the recent literature on labor market institutions and offers new empirical EU-based evidence on the impact of labor market reforms on employment and...
Provided by European Communities
-
White Papers
Determinants Of Intra-Euro Area Government Bond Spreads During The Financial Crisis
November 1, 2009, 12:00am PDT
This paper provides an empirical analysis of the determinants of government bond yield spreads in the euro area with a focus on developments during the global financial crisis that started in...
Provided by European Communities
-
White Papers
Growth And Economic Crises In Turkey: Leaving Behind A Turbulent Past
October 1, 2009, 12:00am PDT
This paper first looked into Turkey's growth patterns and economic catching-up since the end of the Second World War and observed that the performance was sub-optimal for two reasons. Until the...
Provided by European Communities
-
White Papers
The Diffusion/Adoption Of Innovation In The IntThe Diffusion/Adoption Of Innovation In The Internal Marketernal Market
September 1, 2009, 12:00am PDT
In the Lisbon Strategy, the Member States and the European Commission recognized that increasing innovation is a key to respond to the challenge offered by globalization. When studying this...
Provided by European Communities
-
White Papers
The Cyclically-Adjusted Budget Balance In EU Fiscal Policy Making: A Love At First Sight Turned Into A Mature Relationship
March 1, 2009, 12:00am PST
The Cyclically-adjusted Budget Balance (CAB) plays a key role in the fiscal surveillance framework of the Economic and Monetary Union. It started off in a supporting role in the shadow of the...
Provided by European Communities
-
White Papers
The EU Enlargement And Economic Growth In The CEE New Member Countries
March 1, 2009, 12:00am PST
In this paper, the authors aim to check whether the EU enlargement contributed to economic growth of ten new member countries from Central and Eastern Europe (CEE-10), including their real...
Provided by European Communities
-
White Papers
Setting Targets For Government Budgets In The Pursuit Of Intergenerational Equit
April 1, 2009, 12:00am PDT
The Stability and Growth Pact (SGP) adopted in 1997 originally set budget balance as the Medium-Term Objective (MTO) for all EU Member States, to create a safety margin under the 3% of GDP deficit...
Provided by European Communities
-
White Papers
Fiscal Policy With Credit Constrained Household
January 1, 2009, 12:00am PST
This paper explores the effects of discretionary fiscal policy in a DSGE model that explicitly models housing investment and allows for credit constrained households along the lines of the...
Provided by European Communities
-
White Papers
International Taxation And Multinational Firm Location Decision
January 1, 2009, 12:00am PST
Using a large international firm-level data set, the authors estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation...
Provided by European Communities
-
White Papers
What Explains The Differences In Income And Labour Utilisation And Drives Labour And Economic Growth In Europe? A GDP Accounting Perspective
January 1, 2009, 12:00am PST
The paper decomposes GDP both in terms of level per capita and growth rate, so as to identify the sources of income differences and of economic growth for all EU27 member states. This accounting...
Provided by European Communities
-
White Papers
Constricted, Lame And Pro-Cyclical? Fiscal Policy In The Euro Area Revisited
December 1, 2008, 12:00am PST
It is often argued that fiscal stabilization in the euro area compares unfavorably with the US, not least because of the perceived limitations of the Stability and Growth Pact. This paper...
Provided by European Communities
-
White Papers
The Great Financial Crisis In Finland And Sweden The Dynamics Of Boom, Bust And Recovery, 1985-2000
December 1, 2008, 12:00am PST
This paper explores the anatomy of the boom, deep depression and recovery in the Finnish and Swedish economies in the period 1985-2000. These fifteen years are divided into three phases: financial...
Provided by European Communities
-
White Papers
Adjustment Capacity Of Labour Markets Of The Western Balkans, With A Focus On Labour Markets
November 1, 2008, 12:00am PDT
The main question addressed in this paper is the performance of the labor markets in the Western Balkans. The aim was to find out whether they can deliver growth of employment and decline of...
Provided by European Communities
-
White Papers
Fiscal Policy, Intercountry Adjustment and the Real Exchange Rate
October 10, 2008, 12:00am PDT
The paper argues that an improved fiscal policy process might result in improved macro-economic performance within Europe. Within EMU, a country may have difficulty ensuring stability in the face...
Provided by European Communities
-
White Papers
The Quality Of Public Finances And Economic Growth
September 1, 2008, 12:00am PDT
Improving the Quality of Public Finances (QPF) has become a new focus for European policy makers. This focus is largely a response to preparing the European economies for the dual challenge of...
Provided by European Communities
-
White Papers
Growth And Income Distribution In An Integrated Europe: Does EMU Make A Difference?
June 1, 2008, 12:00am PDT
The relationship between growth and income inequality has occupied the attention of the profession for some 50 years, since the appearance of Kuznets (1955) pioneering work, and is both important...
Provided by European Communities
-
White Papers
The Impact Of EMU On Growth And Employment
April 1, 2008, 12:00am PDT
This paper addresses and evaluates the impacts of the introduction of the euro on both actual and potential output and employment in the Euro Area. In order to achieve this, a descriptive and...
Provided by European Communities
-
White Papers
Economic Governance In An Enlarged Euro Area
March 1, 2008, 12:00am PST
Ten years on from its launch, it is clear that EMU, which has to be regarded as a more profound regime change than is often acknowledged, has had a pronounced effect on economic governance. As a...
Provided by European Communities
-
White Papers
Government Expenditure And Economic Growth In The EU: Long-Run Tendencies And Short-Term Adjustment
February 1, 2008, 12:00am PST
This paper analyses both the long and the short-run relation between government expenditure and potential output in EU countries by means of pooled mean group estimation (Pesaran, Shin, and Smith...
Provided by European Communities
-
White Papers
Taxation Policy In EMU
March 1, 2008, 12:00am PST
This paper proposes to examine whether and how the introduction of the Euro changed the impact of taxes on the economy or influenced the direction of tax policy. The paper surveys potential...
Provided by European Communities
-
White Papers
EU-US Differences In The Size Of R&D Intensive Firms
May 21, 2009, 12:00am PDT
The average firm size of the top R&D investors among US-based companies is smaller than that of the EU-based firms. Does this help to explain why the US has a greater R&D intensity, or is the...
Provided by European Communities
-
White Papers
R&D And Productivity: Testing Sectoral Peculiarities Using Micro Data
May 21, 2009, 12:00am PDT
The aim of this paper is to investigate the relationship between a firm's R&D activities and its productivity using a unique micro data panel dataset and looking at sectoral peculiarities which...
Provided by European Communities
-
White Papers
EU-R&D In Services Industries And The EU-US R&D Investment Gap
May 21, 2009, 12:00am PDT
Under the influence of the Lisbon Strategy (2000), the Barcelona '3%' objective (2002) for more investment in research in Europe and the renewed Lisbon Strategy (2005), increased attention has...
Provided by European Communities
-
White Papers
Services R&D
May 21, 2009, 12:00am PDT
This paper analyses the nature of service R&D activity and growth. The role and significance of R&D in services has been growing rapidly recently, although in the context of services it is also...
Provided by European Communities
-
White Papers
Business R&D In SMEs
May 21, 2009, 12:00am PDT
This paper discusses business R&D in SMEs in the light of a systematic review of publicly available information on industrial R&D, its common trends and related emerging issues. A number of...
Provided by European Communities
-
White Papers
Innovation Input And Output: Differences Among Sectors
July 30, 2009, 12:00am PDT
This paper investigates deals with the impact of various innovation activities on innovation output by using Spanish CIS3 data on 3,247 innovative firms and applying several Knowledge Production...
Provided by European Communities
-
White Papers
The Global Economic And Financial Downturn: What Does It Imply For Firms- R&D Strategies?
July 30, 2009, 12:00am PDT
R&D as well as the entire innovation process are likely to be affected by the current crisis. Apart from changes in R&D spending, as any crisis usually provides also chances it may stimulate a new...
Provided by European Communities
-
White Papers
The Impact Of Innovation On Labor Productivity Growth In European Industries: Does It Depend On Firms- Competitiveness Strategies?
September 1, 2009, 12:00am PDT
The diversity of technological activities that contribute to growth in labor productivity is examined in this paper for manufacturing and services industries in eight major EU countries. The...
Provided by European Communities
-
White Papers
Healthcare Professionals Identification at Regional and Local Level: An RFId Integrated Scenario Based on Synergic Experiences
January 1, 2009, 12:00am PST
This paper presents a perspective scenario of synergy on the themes of identification provisioning and traceability, which may bind closely two top tier projects in the Lombardy Region, Italy. The...
Provided by European Communities
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