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来源类型Article
规范类型其他
DOI10.1080/02692171.2013.872086
ISBN0269-2171
Domestic demand and global production in the Eurozone: a multi-regional input-output assessment of the global crisis.
Garbellini, Nadia; Marelli, Enrico; Wirkierman, Ariel Luis
发表日期2014-02-24
出处International Review of Applied Economics
出版者Taylor & Francis
出版年2014
页码336-364
语种英语
摘要This paper studies the effects of domestic and foreign demand impulses in euro area economies following the Great Recession of 2008-2009 and the Eurozone crisis of 2011-2012. Using a global Input-Output framework we apply a set of metrics to assess spillover effects of international trade in intermediates triggered by the dynamics of final demand. Our findings suggest that while cross-country trade spillovers have played a crucial role during the Great Recession, they have had a moderate impact when compared with the role of domestic sources of final demand during the Eurozone crisis. Hence, a strategy of coordinated fiscal austerity cannot be sustained by empirical evidence.
特色分类HB0075 History of economics. History of economic theory Including special economic schools$HB0135 Mathematical economics. Quantitative methods Including econometrics, input-output analysis, game theory$HB0241 Production. Theory of the firm. Supply-side economics
关键词global crisis, international trade, multi-regional input–output analysis, C67, F14, R15
URLhttp://sro.sussex.ac.uk/id/eprint/61877/
来源智库Science Policy Research Unit (United Kingdom)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/468289
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GB/T 7714
Garbellini, Nadia,Marelli, Enrico,Wirkierman, Ariel Luis. Domestic demand and global production in the Eurozone: a multi-regional input-output assessment of the global crisis.. 2014.
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