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来源类型 | Article |
规范类型 | 其他 |
DOI | 10.1080/02692171.2013.872086 |
ISBN | 0269-2171 |
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 |
URL | http://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 |
推荐引用方式 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. |
条目包含的文件 | 条目无相关文件。 |
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