Financialisation and Distribution Before and After the Crisis: Patterns for Six OECD Countries

2017 ◽  
pp. 127-172 ◽  
Author(s):  
Eckhard Hein ◽  
Petra Dünhaupt ◽  
Ayoze Alfageme ◽  
Marta Kulesza
Keyword(s):  
Oecd Countries ◽  
Before And After

scholarly journals The Effect of the European Union Customs Union on the Balance of Trade in Turkey

2017 ◽  
Vol 52 (4) ◽  
pp. 219-232 ◽  
Author(s):  
Natalya Ketenci
Keyword(s):  
European Union ◽  
Gravity Model ◽  
Generalized Method Of Moments ◽  
Oecd Countries ◽  
Dynamic Panel Data ◽  
Customs Union ◽  
The European Union ◽  
Before And After ◽  
Balance Of Trade ◽  
The Impact

This article investigates the effect of the customs union between Turkey and the European Union on the balance of trade in Turkey. The framework for analysis is an extended trade gravity model onto which the impact of the customs union is applied. The gravity model of trade is estimated using dynamic panel data which applies the generalized method of moments to a sample of OECD countries. Separate estimates were made for the periods before and after the process of trade liberalization in Turkey—1980–1995 and 1996–2012, respectively—as well as for the full period—1980–2012. The main conclusion is that when the European Union is accounted for as an econometric variable, the empirical results are striking: Turkey’s gains resulting from taking part in the customs union are noteworthy, with significant improvement in the trade balance with European Union countries. However, the trade flows, and specifically imports, have been mainly with OECD countries that are themselves not members of the EU. The model indicates that external common tariffs are responsible for Turkey’s trade growth rather than tariffs abolished in the internal market of the customs union.

Transitions in the Film Trade among Oecd Countries: A Network Approach

2012 ◽  
Vol 142 (1) ◽  
pp. 16-29 ◽  
Author(s):  
Junho H. Choi ◽  
Sang-Woo Lee ◽  
Bum-Soo Chon
Keyword(s):  
Film Industry ◽  
Oecd Countries ◽  
Doha Round ◽  
The Past ◽  
Runaway Production ◽  
The Us ◽  
Before And After ◽  
Import And Export ◽  
Export Pattern ◽  
Film Market

This article explores the structural transitions of the international film trade among 32 OECD countries over eleven years since 1996. A network analysis of the trade data shows that there have been changes in the pattern of the film trade over the past decade, and this transition is markedly apparent around 2002, when the WTO Doha Round was launched. A discrepancy between film import and export partnership patterns has enlarged since 2002. While the export pattern among OECD countries is stable over time, the film-import pattern shows a temporal transition before and after 2002. The results also demonstrate that the US film industry has utilised partial localisation strategies, such as co-production and runaway production, in an effort to maintain dominance in the international film market.

scholarly journals Governmental interventionism degree in economy - a case study in OECD countries

2019 ◽  
Vol 290 ◽  
pp. 07012
Author(s):  
Arik Sadeh ◽  
Claudia Florina Radu ◽  
Cristina Feniser ◽  
Ken Brown
Keyword(s):  
State Intervention ◽  
Developed Countries ◽  
Oecd Countries ◽  
The State ◽  
Economic Role ◽  
Role Of The State ◽  
Before And After ◽  
High Level ◽  
Fiscal Pressure

In this study, we talk about the economic role of the state, and we analyze the degree of its intervention in the economy within the OECD countries, for the period 2000-2016. Thus, we seek to identify the countries characterized by an active intervention as well as a weaker level of state intervention. Then, we show the types of public spending that the state places more emphasis on. We analyze the distribution of state intervention (given by budget revenues) concerning to GDP, fiscal pressure, the period before and after the 2008 crises and certain types of expenditure. We can say that, generally, well-developed countries are characterized by a high level of state interventionism, while less developed ones by lower interventionism. The degree of interventionism level is smaller after the 2008 crises.

The Shock, the Recovery, and Economic Voting Before and After the Crisis

2020 ◽  
pp. 138-156
Author(s):  
Timothy Hellwig ◽  
Yesola Kweon ◽  
Jack Vowles
Keyword(s):  
Economic Performance ◽  
Negative Impact ◽  
Welfare Policy ◽  
Economic Voting ◽  
Oecd Countries ◽  
Economic Conditions ◽  
Before And After ◽  
Incumbent Party ◽  
Automatic Stabilizers

How did the GFC influence support for political incumbents? This chapter argues that an understanding of voter response to adverse shocks requires an examination of both the depth of the shock and the competence of the policymakers’ response over the course of the recovery. Examining CSES post-election surveys of twenty-three OECD countries from 1990 to 2016, this chapter shows that, in line with the conventional economic voting argument, adverse economic conditions during the crisis negatively affect incumbent support. Supporting claims about the importance of time, we find that the effectiveness of such policy efforts depend on the stages of the crisis. The economy–incumbent link strengthened during the recovery. Results also show that the degree to which macro-economic performance influences voters’ punishment of incumbent government depends on governing parties’ policy behaviour and rhetorical messages. Larger amounts of discretionary spending mitigate the negative impact of the crisis on incumbent support. By contrast, automatic stabilizers and pro-welfare pledges have a negative or little impact. If the recovery is slow in long term, no welfare policy or political pledges can prevent voters from punishing incumbent party for poor economic performance.

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