Work

Spillover effects of Germany's final demand on Southern Europe

Year: 2018

Type: article

Abstract: We use data from the World Input‐Output Database to fit a closed multiregional input–output model in order to estimate the size of spillover effects of Germany's final demand onGDP, employment and the trade balance in Southern European countries. We find that spillover effects are rather small. Germany alone will hardly make a significant contribution to the external adjustment process in the European South.

Source: World Economy

DOI: 10.1111/twec.12635

Authors: Oliver Picek, Enno Schröder

Institutions: Vienna University of Economics and Business, Delft University of Technology

Language: English

Topic: Economic Theory and Policy

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $3,570