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Henrekson, Magnus; Torstensson, Rasha - C.E.P.R. Discussion Papers - 1996

This paper deals with the effects of European integration in the EC and EFTA on economic growth. Base regressions suggest that EC and EFTA memberships do in fact have a positive and significant effect on economic growth, and that there is no significant difference between EC and EFTA membership....

Persistent link: https://www.econbiz.de/10005789045

Infrastructure and regional growth in the European Union

Crescenzi, Riccardo; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2012

Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European … controversial. This paper revisits the question of to what extent transport infrastructure endowment -- proxied by regional … motorways -- has contributed to regional growth in the EU between 1990 and 2004. It analyses infrastructure in relationship to …

Persistent link: https://www.econbiz.de/10011084543

Growing like China

Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - C.E.P.R. Discussion Papers - 2009

This paper constructs a growth model that is consistent with salient features of the Chinese growth experience since 1992: high output growth, sustained returns on capital investments, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign...

Persistent link: https://www.econbiz.de/10005123794

Sharing High Growth Across Generations: Pensions and Demographic Transition in China

Song, Zheng Michael; Storesletten, Kjetil; Wang, Yikai; … - C.E.P.R. Discussion Papers - 2012

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …

Persistent link: https://www.econbiz.de/10011083803

Economic Reforms and Industrial Policy in a Panel of Chinese Cities

Alder, Simon; Shao, Lin; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013

We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …

Persistent link: https://www.econbiz.de/10011084232

Deep Financial Integration and Volatility

Kalemli-Ozcan, Sebnem; Sørensen, Bent E; Volosovych, Vadym - C.E.P.R. Discussion Papers - 2010

We investigate the relationship between financial integration and output volatility at micro and macro levels. Using a very large firm-level dataset (AMADEUS) from 16 European countries, we construct a measure of ``deep'' financial integration at the regional level based on observations of...

Persistent link: https://www.econbiz.de/10008468519

Arab Economic Integration: Missing links

Hoekman, Bernard; Sekkat, Khalid - C.E.P.R. Discussion Papers - 2010

This paper surveys the recent literature on Arab economic integration, discusses the goals and progress that has been made to date and some of the key policy, regulatory and political factors that underpin the segmentation of Arab markets. It argues that there has been an excessive focus by both...

Persistent link: https://www.econbiz.de/10008530352

Deepening of Regional Integration and Multilateral Trade Agreements

Bond, Eric W; Syropoulos, Costas; Winters, L. Alan - C.E.P.R. Discussion Papers - 2000

We construct a three-country, two-bloc, multi-product trade model in which tariff agreements between customs union members are binding whereas inter-bloc tariff agreements are self-enforcing. Our main objective is to explore how the liberalization of trade between customs union members (i.e. the...

Persistent link: https://www.econbiz.de/10005123508

Trade Liberalization and the Harmonization of Social Policies: Lessons from European Integration

Sapir, André - C.E.P.R. Discussion Papers - 1995

The paper analyses the debate on the relationship between trade liberalization and the harmonization of social policies in the context of European integration. It is divided into two parts. The first shows that harmonization of social policies was not imposed in the 1960s and 1970s as a...

Persistent link: https://www.econbiz.de/10005123597

Regionalism and the Rest of the World: The Irrelevance of the Kemp-Wan Theorem

Winters, L. Alan - C.E.P.R. Discussion Papers - 1996

Many commentators purport to use the Kemp-Wan Theorem to discuss the effects of regional integration schemes on non-member countries, and to operationalize the theorem in terms of the share of member countries' imports from non-members. This paper shows that Kemp and Wan (1976) say nothing about...

Persistent link: https://www.econbiz.de/10005123797

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