New evidence on the determinants of current accounts in the EU
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| 008 | 210128e20151101xx s 000 0 eng | ||
| 024 | 7 | 0 | |a 10.1007/s10663-014-9276-9 |2 doi |
| 035 | |a (NATIONALLICENCE)springer-10.1007/s10663-014-9276-9 | ||
| 100 | 1 | |a Gehringer |D Agnieszka |u Georg-August-University of Göttingen, Platz der Göttinger Sieben 3, 37073, Göttingen, Germany |4 aut | |
| 245 | 1 | 0 | |a New evidence on the determinants of current accounts in the EU |h [Elektronische Daten] |c [Agnieszka Gehringer] |
| 520 | 3 | |a Growing external imbalances in Europe have been recognized as an important aggravating element in searching for solutions out of the current crisis. This paper takes a closer look at the determinants of current accounts in the European economies. The standard set of the determinants discussed in the past literature is extended by factors that seem to have played an important role in Europe over the last decades. Such factors relate particularly to the dynamics of consumption and connected to this credit concession to the private sector, as well as to the increasingly preponderant presence of low-productive and non-tradable construction activities in the economic structure. Additionally, the growth of per capita output played a significant role in explaining current account positions. This evidence speaks in favour of the catching up still going on within Europe. | |
| 540 | |a Springer Science+Business Media New York, 2014 | ||
| 690 | 7 | |a Current account imbalances |2 nationallicence | |
| 690 | 7 | |a European integration |2 nationallicence | |
| 690 | 7 | |a Consumption dynamics |2 nationallicence | |
| 690 | 7 | |a Private credit |2 nationallicence | |
| 690 | 7 | |a Non-tradables |2 nationallicence | |
| 690 | 7 | |a Construction |2 nationallicence | |
| 773 | 0 | |t Empirica |d Springer US; http://www.springer-ny.com |g 42/4(2015-11-01), 769-793 |x 0340-8744 |q 42:4<769 |1 2015 |2 42 |o 10663 | |
| 856 | 4 | 0 | |u https://doi.org/10.1007/s10663-014-9276-9 |q text/html |z Onlinezugriff via DOI |
| 898 | |a BK010053 |b XK010053 |c XK010000 | ||
| 900 | 7 | |a Metadata rights reserved |b Springer special CC-BY-NC licence |2 nationallicence | |
| 908 | |D 1 |a research-article |2 jats | ||
| 949 | |B NATIONALLICENCE |F NATIONALLICENCE |b NL-springer | ||
| 950 | |B NATIONALLICENCE |P 856 |E 40 |u https://doi.org/10.1007/s10663-014-9276-9 |q text/html |z Onlinezugriff via DOI | ||
| 950 | |B NATIONALLICENCE |P 100 |E 1- |a Gehringer |D Agnieszka |u Georg-August-University of Göttingen, Platz der Göttinger Sieben 3, 37073, Göttingen, Germany |4 aut | ||
| 950 | |B NATIONALLICENCE |P 773 |E 0- |t Empirica |d Springer US; http://www.springer-ny.com |g 42/4(2015-11-01), 769-793 |x 0340-8744 |q 42:4<769 |1 2015 |2 42 |o 10663 | ||