Some questions of world economic competition

The paper searches for an answer to the following questions: why had the situation in Japan and the European Union situation improved in comparison with the one in United States prior to the first oil price shock; what factors altered this tendency later, especially from the 1990s onwards; what was...

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Main Authors: Simon György, Simon György Jr.
Format: Article
Language:English
Published: Institute of International Politics and Economics, Belgrade 2008-01-01
Series:Međunarodni Problemi
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0025-8555/2008/0025-85550803257S.pdf
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author Simon György
Simon György Jr.
author_facet Simon György
Simon György Jr.
author_sort Simon György
collection DOAJ
description The paper searches for an answer to the following questions: why had the situation in Japan and the European Union situation improved in comparison with the one in United States prior to the first oil price shock; what factors altered this tendency later, especially from the 1990s onwards; what was the role of the international economic conditions in all that? Applying the models of mathematical economics, the authors have proven their main statements by an econometric investigation. The most important conclusion that can be drawn is that in the world economic competition the situation both in Japan and the European Union was primarily determined by the changes in the world economic conditions, chiefly the oil prices in the world market and the exchange rates, what can less be said of the United States.
format Article
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institution Matheson Library
issn 0025-8555
language English
publishDate 2008-01-01
publisher Institute of International Politics and Economics, Belgrade
record_format Article
series Međunarodni Problemi
spelling doaj-art-21f088b7ce1b4893a5c82f76af2bcc042025-08-02T03:15:14ZengInstitute of International Politics and Economics, BelgradeMeđunarodni Problemi0025-85552008-01-01602-325729010.2298/MEDJP0803257SSome questions of world economic competitionSimon GyörgySimon György Jr.The paper searches for an answer to the following questions: why had the situation in Japan and the European Union situation improved in comparison with the one in United States prior to the first oil price shock; what factors altered this tendency later, especially from the 1990s onwards; what was the role of the international economic conditions in all that? Applying the models of mathematical economics, the authors have proven their main statements by an econometric investigation. The most important conclusion that can be drawn is that in the world economic competition the situation both in Japan and the European Union was primarily determined by the changes in the world economic conditions, chiefly the oil prices in the world market and the exchange rates, what can less be said of the United States.http://www.doiserbia.nb.rs/img/doi/0025-8555/2008/0025-85550803257S.pdfworld economic competitionUSAEuropean UnionJapanlong-term tendenciesmain determinant factors
spellingShingle Simon György
Simon György Jr.
Some questions of world economic competition
Međunarodni Problemi
world economic competition
USA
European Union
Japan
long-term tendencies
main determinant factors
title Some questions of world economic competition
title_full Some questions of world economic competition
title_fullStr Some questions of world economic competition
title_full_unstemmed Some questions of world economic competition
title_short Some questions of world economic competition
title_sort some questions of world economic competition
topic world economic competition
USA
European Union
Japan
long-term tendencies
main determinant factors
url http://www.doiserbia.nb.rs/img/doi/0025-8555/2008/0025-85550803257S.pdf
work_keys_str_mv AT simongyorgy somequestionsofworldeconomiccompetition
AT simongyorgyjr somequestionsofworldeconomiccompetition