We investigate the effect of the physical presence of wind turbines on residential well-being in Germany, using panel data from the German Socio-Economic Panel (SOEP) and a unique novel panel data set on more than 20,000 wind turbines for the time period between 2000 and 2012. Using a Geographical Information System (GIS), we calculate the proximity between households and the nearest wind turbine as ...
This paper presents the theoretical structure and empirical restults of a multisectoral model of producer behaviour for explaining input-coefficients, investment, and price of output for 51 sectors of the West German economy. The model is based on a long run model of demand derived from the Generalized Leontief cost function and on the dynamic structure given by an ARX (1,1) model.
This paper describes the Cambridge Multisectoral Dynamic Model (MDM) of the UK economy and uses it to analyse the effects of tax reductions, public expenditure increases and a change in the Sterling exchange rate. The use of the model to analyse a policy package is illustrated by an exercise which measures the effects of the UK government's Medium-Term Financial Strategy 1979-1983. The paper concludes ...
