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across industries and countries. For manufacturing industries with strong commercial links with the non-OECD economies, there …
Persistent link: https://www.econbiz.de/10012445821
Persistent link: https://www.econbiz.de/10012515852
The Trans-Pacific Partnership (TPP) aspires to become a state-of-the-art trade agreement linking 12 countries on both sides of the Pacific. In addition to establishing a free trade agreement (FTA) among these countries, negotiators are pursuing a long list of other issues, both trade-related and...
Persistent link: https://www.econbiz.de/10011141172
This paper challenges the conventional academic view that international outsourcing is just another form of gainful trade. Contrary to that view, we show that labourservice outsourcing can reduce the highwage country's welfare even when productmarket trade is beneficial, within a model that...
Persistent link: https://www.econbiz.de/10010891632
Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances make some EMEs vulnerable to sudden reversals in capital...
Persistent link: https://www.econbiz.de/10010374413
Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances make some EMEs vulnerable to sudden reversals in capital...
Persistent link: https://www.econbiz.de/10011276844
We find that risk sharing in the European Union (EU) has been increasing over the past decade due to increased cross-ownership of assets across countries. Industrial specialization has also been increasing over the last decade and we conjecture that risk sharing plays an important causal effect...
Persistent link: https://www.econbiz.de/10005124025
The ‘new’ economic geography focuses on the footloose-labour and the vertically-linked industries models. Both are complex, since they feature demand-linked and cost-linked agglomeration forces. The paper presents a simpler model, where agglomeration stems from demand-linked forces arising...
Persistent link: https://www.econbiz.de/10005136511
in manufacturing is closely linked to the penetration of foreign capital. Most recent 1999 data show that (i) foreign …
Persistent link: https://www.econbiz.de/10009649599
and development, market shares in the EU. In order to measure the influence of FDI on the competitiveness in manufacturing … enterprises) by all indicators was reached by Hungary in each year between 1993 and 1998. 70% of manufacturing sales came from … FIEs, which employed 45% of the manufacturing labour force in 1998. The second place is occupied by Poland with 41% of …
Persistent link: https://www.econbiz.de/10009649611