The construction sector and exogenous shocks
Response of the Nigerian construction sector to economic shocks
... COINTEGRATION TEST ESTIMATES Table 4 reports the results of cointegration tests, the null hypothesis is that there is no cointegrating vector and the alternative is that there is one cointegrating vector. The results ...
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Exogenous Oil Shocks, Fiscal Policy and Sector Reallocations in Oil Producing Countries
... There is a large body of research which tries to assess how oil shocks influ- ence the business cycle of oil producing countries. According to many empir- ical papers, countries which are endowed with relevant ...
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Innovation, human capital and exogenous shocks
... Helleveien 30, 5045 Bergen, Norway [email protected] , [email protected] ABSTRACT Strategic entrepreneurship is about the simultaneous exploitation of existing advantages and the creation and exploitation of new ...
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Impacts of Exogenous Shocks Using GTAP
... of Exogenous Shocks in Selected Region using GTAP Wannaphong Durongkaveroj GTAP is a well - documented software using mainly for generating economic impacts from exogenous ...
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Decomposing Simulation Results with Respect to Exogenous Shocks
... of shocks between individual shocks or groups of ...the shocks are partitioned into several groups, and if the contributions attributed to these groups add exactly to the overall simulation result, ...
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Endogenous Business Cycles and the Economic Response to Exogenous Shocks
... real shocks, on the one hand, from smoother economic evolution due to endogenous dynamics, on the ...rigorously exogenous fluctuations from endogenous ...
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The economic effects of exogenous fiscal shocks in Spain: a SVAR approach
... of exogenous fiscal policy shocks on a set of key macroeconomic variables within a VAR ...policy shocks relies indeed on SVAR models, with the main differences among papers coming from the ...
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Brazilian Dairy Model: Impacts of Agricultural Policies and Exogenous Shocks
... This is the first model developed for the Brazilian dairy sector that allows for policy analysis, measuring effects of policy changes and other variables of interest on production, con[r] ...
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SRI Funds: Investor Demand, Exogenous Shocks and ESG Profiles
... clearly exogenous to mutual fund operations, we find that such events appear to increase investor interest in SRI funds – the concept of socially responsible investing under such conditions attracts additional ...
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What do Exogenous Shocks Tell Us about Growth Theories?
... paradigm. Our estimated coefficient for physical capital shock is positive but statistically indistinguishable from zero. We do, however, find that a negative shock to human capital lowers output growth per capita ...
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On Econometric Analysis of Structural Systems with Permanent and Transitory Shocks and Exogenous Variables
... There has been work on this before. For example, the body of research initiated by Blanchard and Quah (1989) stipulated that there were demand and supply shocks, with the latter being permanent and the former ...
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Vulnerability of Southern Mediterranean Countries to Exogenous Shocks: Structural VAR Approach
... long-term contribution of nominal shocks are more important. Conclusion In theory, the fluctuations are the result of the only real factors namely the agents' preferences, technological opportunities, endowments ...
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The Effect of Exogenous Shocks on Participation Index of Borsa Istanbul: Permanent or Temporary?
... whether exogenous shocks have temporary or permanent effects on Participation 30 Index ( PI 30) uses daily data for the period from ...an exogenous shock would not die off in ...
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Favourable exogenous shocks and industrialisation in a small open economy: The case of Jordan.
... The rapid rise in incomes ensures that demand for final output is sufficient to keep capacity installed in the economy fully utilised, whereas a pre-boom developing economy with low per capita income is, by contrast, ...
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Exogenous shocks, social skill, and power: Urban energy transitions as social fields
... three exogenous developments create a fruitful context for the formation and expansion of Emden’s energy transition field, rendering the engagement in the field more profitable: actors can generate different types ...
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The macroeconomic effects of exogenous fiscal policy shocks in Germany: a disaggregated SVAR analysis
... Central to the identification strategy are the elasticities, which are taken from exogenous sources. Even though we are confident that our presented elasticities accurately capture the working of automatic ...
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Construction A Strategy for a Renewed Construction Sector
... 51 | P a g e those who are caught. To inform the development of the strategy an external and internal consultation process was undertaken, which involved among others, members of the Hidden Economy Monitoring Group, ...
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"Financial-Sector Shocks in a Credit-View Model"
... In terms of the traditional IS-LM model, the specific values for the money multiplier and the monetary base are irrelevant for aggregate demand, only the aggregate money supply matters. So an increase in the monetary ...
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Fiscal Shocks in a Two-Sector Open Economy
... 6 Conclusion In this paper we have shown that the open economy version of the two-sector neoclassical model with traded and non-traded goods can account for the empirical evidence on the effects of fiscal ...
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Technology Shocks, the Service Sector and Economic Growth
... Technology Shocks, the Service Sector and Economic Growth Gogol Mitra Thakur ∗† Abstract Advances in ICTs as well as financial developments have greatly increased the scope for joint utilisation of various ...
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