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Germany’s export market share increased since 2000, while most industrial countries experienced declines. This study …-shoring). An export model is estimated covering the period 1993–2005. The dominant factor explaining the increase in market share … are trade relationships with fast growing countries. Regionalized production in the export sector also played a part …
Persistent link: https://www.econbiz.de/10005406147
We offer a new explanation as to why international trade is so volatile in response to economic shocks. Our approach combines the uncertainty shock idea of Bloom (2009) with a model of international trade, extending the idea to the open economy. Firms import intermediate inputs from home or...
Persistent link: https://www.econbiz.de/10010779413
this sector have the ability to deliver cement either from domestic plants or from imports. Since cement is costly to … transport via land, the difference in marginal cost between local production and imports varies across local markets. The … marginal cost of imports is lower in areas with access to a sea port, decreasing the relative value of investing in local …
Persistent link: https://www.econbiz.de/10008671710
macroeconomics. The current policy, however, provides a credible platform for sustainable growth. Greece has entered the process of …-se determining growth, supply-side reforms and institutional performance are; and for Greece both are better served within the EMU …
Persistent link: https://www.econbiz.de/10010948838
of the restructuring left money on the table from the perspective of Greece, created a large risk for European taxpayers …
Persistent link: https://www.econbiz.de/10010679378
We describe the evolution of the power struggle in Greece among key economic and political stakeholders, who have tried …
Persistent link: https://www.econbiz.de/10010679379
and current account deficits, which have in turn driven Greece’s foreign indebtedness to alarming levels, necessitating …
Persistent link: https://www.econbiz.de/10008572540
This paper examines the long run education and labor market effects from early-life exposure to the Greek 1941-42 famine. Given the short duration of the famine, we can separately identify the famine effects for cohorts exposed in utero, during infancy and at one year of age. We find that...
Persistent link: https://www.econbiz.de/10008583697
death), hospital utilization, and medical expenditure in Greece during the period 1995-2010. The estimates indicate that … pharmaceutical innovation. The baseline estimate of the cost per life-year gained from pharmaceutical innovation in Greece is $17 …
Persistent link: https://www.econbiz.de/10011122677
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms’ exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010877822