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The rate of return on everything, 1870-2015

Jordà, Òscar; Knoll, Katharina; Kuvshinov, Dmitry; … - 2018

This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...

Persistent link: https://www.econbiz.de/10011794864

The cliometrics of international migration : a survey

Hatton, Timothy J. - 2010

This is a survey of some of the key studies in the literature on international migration in history that may be described as cliometric. This literature uses the concepts and approaches of applied economics to investigate a range of historical issues and there are strong parallels with the...

Persistent link: https://www.econbiz.de/10003959313

Job mobility in Europe, Japan and the US

Borghans, Lex; Golsteyn, Bart H. H. - 2010

uniform data covering 11 European countries and Japan. Using the NLSY, we replicate the information in this survey to compare … conventional wisdom, job mobility in Japan is only somewhat lower than the European average. (3) There are large differences in job … mobility within Europe. -- job mobility ; graduates ; Europe ; Japan ; US …

Persistent link: https://www.econbiz.de/10009314286

FDI, trade integration and the border effect : evidence from the European Union

Martínez-San Román, Valeriano; Bengoa, Marta; … - 2014

This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern - horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...

Persistent link: https://www.econbiz.de/10010371905

Do trade agreements stimulate international trade differently? : evidence from 296 trade agreements

Kohl, Tristan; Brakman, Steven; Garretsen, Harry - 2013 - This version, April 2013

In a seminal paper, Rose (2004) found that the assumed positive impact of the WTO on international trade was questionable. This finding has been scrutinized and modified in subsequent research, using different datasets, econometric methods and separating the WTO from other forms of trade...

Persistent link: https://www.econbiz.de/10009743775

Goods and factor market integration : a quantitative assessment of the EU enlargement

Caliendo, Lorenzo; Opromolla, Luca David; Parro, Fernando; … - 2017

The economic effects from labor market integration are crucially affected by the extent to which countries are open to trade. In this paper we build a multi-country dynamic general equilibrium model with trade in goods and labor mobility across countries to study and quantify the economic...

Persistent link: https://www.econbiz.de/10011704526

How free trade can help convert the 'Arab Spring' into permanent peace and democracy

Thorvaldur Gylfason; Martínez, Inmaculada; Wijkman, … - 2012

Since Jean Monnet conceived the Coal and Steel Community, free trade has successfully prevented serious conflicts in Europe between democratically governed States with market economies. After six countries established the European Community, this principle has been extended successfully to its...

Persistent link: https://www.econbiz.de/10009571054

Can intra-regional trade act as a global shock absorber in Africa?

Brixiova, Zuzana; Meng, Qingwei; Ncube, Mthuli - 2015

The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to output and other shocks originated in the rest of the world. A comparison of two regional economic communities - the East African Community (EAC) and the Southern Africa Customs...

Persistent link: https://www.econbiz.de/10011307945

Heterogeneous economic integration agreement effects

Baier, Scott L.; Bergstrand, Jeffrey H.; Clance, Matthew W. - 2015

Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...

Persistent link: https://www.econbiz.de/10011309578

Promotion of trade and Investments between China and India : the case of Southwest China and East and Northeast India

Bhattacharyay, Biswanath (contributor); … - 2005

Open regionalism and integration between the world’s two largest developing countries - the People’s Republic of China (China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic and social benefits that could result in...

Persistent link: https://www.econbiz.de/10003113285

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