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Structural change in OECD comparative advantage

Brakman, Steven; Inklaar, Robert; Marrewijk, Charles van - 2010

In the post-war period, the goods composition of trade in OECD countries has changed considerably. We analyze the evolution of comparative advantage using a detailed trade data set and a new analytical tool: the harmonic (weighted) mass index, which enables us to identify periods of structural...

Persistent link: https://www.econbiz.de/10003966455

The positive border effect of EU integration

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van; … - 2011

Distance related variables typically vary in a cross-section dimension but less so in a time dimension across cities, regions, or countries. The enlargement of the EU or the introduction of the euro, however, can be looked upon as integration shocks that are informative of the consequences of...

Persistent link: https://www.econbiz.de/10009009598

The strategic bombing of German cities during World War II and its impact on city growth

Brakman, Steven; Garretsen, Harry; Schramm, Marc - 2002

We construct a unique data set to analyze whether or not a large temporary shock had an impact on German city growth and city size distribution. Following recent work by Davis and Weinstein (2001) on Japan, we take the strategic bombing of German cities during WWII as our example of such a...

Persistent link: https://www.econbiz.de/10011514015

Looking for multiple equilibria when geography matters : German city growth and the WWII shock

Bosker, Maarten; Brakman, Steven; Garretsen, Harry; … - 2005

Many modern trade and growth models are characterized by multiple equilibria. In theory the analysis of multiple equilibria is possible, but in practice it is difficult to test for the presence of multiple equilibria. Based on the methodology developed by Davis and Weinstein (2004) for the case...

Persistent link: https://www.econbiz.de/10003201792

Cross-border mergers and acquisitions : on revealed comparative advantage and merger waves

Brakman, Steven (contributor); Garretsen, Harry (contributor) - 2005

By combining two large data sets (on international trade flows and on mergers and acquisitions M&As), we are able to test two implications of Neary's (2003, 2004a) recent theoretical work. Analyzing M&As in a General Oligopolistic Equilibrium (GOLE) model incorporating strategic interaction...

Persistent link: https://www.econbiz.de/10003204045

The impact of newspapers on consumer confidence : does spin bias exist?

Alsem, Karel Jan; Brakman, Steven; Hoogduin, Lex H.; … - 2004

It is sometimes argued that news reports in the media suffer from biased reporting. Mullainathan and Shleifer (2002) argue that there are two types of media bias. One bias, called ideology, reflects a news outlets̕ desire to affect reader opinions in a particular direction. The second bias,...

Persistent link: https://www.econbiz.de/10002521650

EXITitis in the UK : gravity estimates in the aftermath of Brexit

Brakman, Steven; Garretsen, Harry; Kohl, Tristan - 2021

The withdrawal of the United Kingdom from the European Union has had disruptive effects on international trade. As part of its "Global Britain" strategy, in the wake of Brexit, the UK is pursuing a series of Free Trade Agreements with countries around the world, including Canada, Japan, Korea,...

Persistent link: https://www.econbiz.de/10012619413

A model of heterogeneous firm matches in cross-border mergers & acquisitions

Brakman, Steven; Garretsen, Harry; Gerritse, Michiel; … - 2018 - This version: May 2018

In contrast to empirical evidence, recent theories of cross-border mergers and acquisitions (M&As) assume perfect knowledge transfers - from high to low productivity firms - between acquirer and target. Using the Melitz (2003) model of heterogeneous firms, we develop a matching model of...

Persistent link: https://www.econbiz.de/10011862878

The empirical relevance of the new economic geography : testing for a spatial wage structure in Germany

Brakman, Steven; Garretsen, Harry; Schramm, Marc - 2000

In this paper we want to shed some light on the empirical relevance of the new economic geography. Using one of the central features of the core new economic geography models, namely that wages have the tendency to fall the further one moves away from centres of economic activity, we investigate...

Persistent link: https://www.econbiz.de/10009780204

The location of cross-border mergers & acquisitions in the USA

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - 2015 - First version: October 2014, this version: April 2015

neglected. In this paper we analyze the within country location-target selection of M&As in the USA. Extending Guadalupe (2012 … the USA for the period 1985-2012, we compare location choices of cross-border M&As to that of national M&As. We find that … across the USA than national M&As, and that for both forms of M&As location specific market access in the USA as well as …

Persistent link: https://www.econbiz.de/10010515424