دورية أكاديمية
Wage versus currency devaluation, price pass-through and income distribution: a comparative input–output analysis of the Greek and Italian economies
| العنوان: | Wage versus currency devaluation, price pass-through and income distribution: a comparative input–output analysis of the Greek and Italian economies |
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| المؤلفون: | Theodore Mariolis, Nikolaos Rodousakis, Apostolis Katsinos |
| المصدر: | Journal of Economic Structures, Vol 8, Iss 1, Pp 1-23 (2019) |
| بيانات النشر: | SpringerOpen, 2019. |
| سنة النشر: | 2019 |
| المجموعة: | LCC:Economic growth, development, planning LCC:Economics as a science |
| مصطلحات موضوعية: | Income distribution, Input–output price models, International price competitiveness, PIIGS economies, Price pass-through, Wage and currency devaluations, Economic growth, development, planning, HD72-88, Economics as a science, HB71-74 |
| الوصف: | Abstract Using input–output data from Symmetric Input–Output Tables for the year 2010 and relevant price models, this paper provides empirical estimations of medium- and long-run effects of wage and currency devaluations on international price competitiveness and income distribution for two ‘PIIGS economies’, i.e. Greece and Italy. The findings reveal certain differentiated socio-technical production conditions in the economies under consideration casting doubt on the effectiveness of demand-switching policy measures implemented in the post-2010 Eurozone economy. At the same time, however, wage devaluation is found to be a comparatively slow and inefficient process to improve international price competitiveness in the medium-run. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | English |
| تدمد: | 2193-2409 |
| Relation: | http://link.springer.com/article/10.1186/s40008-019-0140-8; https://doaj.org/toc/2193-2409 |
| DOI: | 10.1186/s40008-019-0140-8 |
| URL الوصول: | https://doaj.org/article/b13849130a7d4b798dae7029934f9a5d |
| رقم الأكسشن: | edsdoj.b13849130a7d4b798dae7029934f9a5d |
| قاعدة البيانات: | Directory of Open Access Journals |
Find this article in full text from Springer Verlag. 
Full Text Finder | تدمد: | 21932409 |
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| DOI: | 10.1186/s40008-019-0140-8 |