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Does China Still Have a Labor Cost Advantage?

Ceglowski, Janet; Golub, Stephen - CESifo - 2011

In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998-2009. Between 1998 and 2003 China’s unit labor costs...

Persistent link: https://www.econbiz.de/10009323303

Off-Shoring and Productivity Growth in the Italian Manufacturing Industries

Daveri, Francesco; Jona-Lasinio, Cecilia - CESifo - 2008

We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring”) is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …

Persistent link: https://www.econbiz.de/10005181530

Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - CESifo - 2009

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10005051523

Debt Sustainability in the Case of External Debt. An Analysis Based on Italy's Treasury Auctions

Cafiso, Gianluca - CESifo - 2014

empirical and considers the case of Italy, one of the world’s largest debt issuer. We study the potential effects on the …

Persistent link: https://www.econbiz.de/10010948904

Kind of Black: The Musicians' Labour Market in Italy

Balestrino, Alessandro - CESifo - 2009

It is estimated that only 5% of musicians in Italy are regularly employed. In an attempt at understanding such a … musicians and discourages talented agents from becoming full-time musicians in all second-best economies. In Italy both …

Persistent link: https://www.econbiz.de/10005013948

Fiscal Reforms during Fiscal Consolidation: The Case of Italy

Arachi, Giampaolo; Bucci, Valeria; Longobardi, Ernesto; … - CESifo - 2012

In this paper we aim to discuss the strengths and weaknesses of the fiscal consolidation package adopted recently by the Italian Government in order to achieve a balanced budget by 2013. Revenues are forecasted to increase by more than 3.3 GDP percentage points; these stem mostly from indirect...

Persistent link: https://www.econbiz.de/10009651857

Labor Taxes and Wages: Evidence from Italy

Brunello, Giorgio; Parisi, Maria Laura; Sonedda, Daniela - CESifo - 2002

We study the empirical relationship between labor taxation and pretax wages in Italy. We find that higher tax …

Persistent link: https://www.econbiz.de/10005051515

Organized Crime and Foreign Direct Investment: The Italian Case

Daniele, Vittorio; Marani, Ugo - CESifo - 2008

) inflows into Italy. The incidence of crime has been calculated considering the number of complaints for different crimes. The …

Persistent link: https://www.econbiz.de/10005416503

Privatization in Italy 1993-2002: Goals, Institutions, Outcomes, and Outstanding Issues

Goldstein, Andrea - CESifo - 2003

This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of …. The wave of state divestitures reached Italy later than other OECD countries. A deep-rooted tradition of state …

Persistent link: https://www.econbiz.de/10005416520

On the many Ways Europeanization Matters: The Implementation of the Water Reform in Italy (1994-2006)

Asquer, Alberto - CESifo - 2009

to contribute to this line of inquiry through the case study of the implementation of the 1994 water reform in Italy in …

Persistent link: https://www.econbiz.de/10008572548