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Quality competition versus price competition goods: An empirical classification

Baldwin, Richard E.; Ito, Tadashi - 2008

(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find … a high proportions of quality-competition goods for the major EU countries and lower proportions for Canada, Australia … and China. However, the overlap of these quality-competition goods is not large, which suggests that characteristics of …

Persistent link: https://www.econbiz.de/10010316749

Strong exports and low interest rates drive Euroland's economy

Gern, Klaus-Jürgen; Meier, Carsten-Patrick; Scheide, … - 1999

In the fall of 1999, the recovery in Euroland is back on track. The turnaround was caused by the improvement in the world economy. After exports had been depressed in the past winter due to the weak demand in the crisis countries particularly in Asia, the impulses from abroad have picked up...

Persistent link: https://www.econbiz.de/10010294960

Quo vadis, Euroland?

Döpke, Jörg; Gern, Klaus-Jürgen; Langfeldt, Enno; … - 1998

Stage Three of the European Monetary Union (EMU) will start on January 1, 1999. The new currency area, for which the name "Euroland" has been coined, will comprise 11 countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The...

Persistent link: https://www.econbiz.de/10010294965

Low-speed recovery in euroland

Benner, Joachim; Gern, Klaus-Jürgen; Meier, Carsten-Patrick - 2005

The economic recovery in the euro area lost momentum in 2004. After a strong increase during the first half, real GDP rose at an annual rate of less than 1 percent in the following two quarters. Overall capacity utilization, which had increased in the first half of 2004 for the first time in...

Persistent link: https://www.econbiz.de/10010294983

Euroland: Recovery will slow down

Benner, Joachim; Carstensen, Kai; Gern, Klaus-Jürgen; … - 2004

The economic recovery in the euro area has accelerated in the course of 2004. During the first two quarters, real GDP rose at an annual rate of slightly over 2 percent, after about 1½ percent in the second half of 2003. For the first time since 2001, overall capacity utilization increased....

Persistent link: https://www.econbiz.de/10010294999

Before EMU starts: economic policy stimulates recovery in Europe

Scheide, Joachim; Solveen, Ralph - 1997

The decision on EMU strongly affects the course of monetary and fiscal policies in 1997 and especially in 1998. We assume that the monetary union will start in January 1, 1999 with a sizable number of participating countries. Once the decision on the members is made in the spring of 1998, any...

Persistent link: https://www.econbiz.de/10010295013

Moderate upswing in Euroland

Gern, Klaus-Jürgen; Kamps, Christophe; Meier, … - 2004

Economic activity in the euro area is recovering. In the second half of 2003, real GDP grew at an annualized rate of roughly 1½ percent. In contrast with other large industrialized countries, economy-wide capacity utilization has not yet increased. Private consumption has remained the major...

Persistent link: https://www.econbiz.de/10010295034

End of the upswing in Euroland: No reason to cut interest rates

Kamps, Christophe; Scheide, Joachim - 2001

Economic expansion in Euroland has decelerated considerably after mid-2000 as a consequence of the weakening of growth in the world economy, the tightening of monetary policy by the European Central Bank as well as the burden imposed by higher oil prices. While the upswing in the euro area has...

Persistent link: https://www.econbiz.de/10010295046

Euroland: recovery will slowly gain momentum

Gern, Klaus-Jürgen; Kamps, Christophe; Meier, … - 2003

Economic activity in the euro area has weakened since last summer. In the second half of 2002, real GDP increased at an annualized rate of around 1 percent only. Economy-wide capacity utilization has further declined and the situation on labor markets has worsened. The increase in consumer...

Persistent link: https://www.econbiz.de/10010295048

Auf dem Weg zum Euro - Szenarien für Zinsen, Wechselkurse und Konjunktur

Scheide, Joachim; Solveen, Ralph - 1997

Die Europäische Währungsunion (EWU) soll am 1. Januar 1999 starten. Nicht auszuschließen ist, daß die Kriterien des Maastrichter Vertrags bei der Entscheidung über den Teilnehmerkreis Anfang 1998 großzügig gehandhabt werden und damit die Zahl der Teilnehmer hoch sein wird. Eine strikte...

Persistent link: https://www.econbiz.de/10010295066