Showing 1 - 10 of 110
constrained, however, and related to the level of trade integration in a bell-shaped way. …This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an … traditional one with physical capital, such a differential induces a relocation effect which increases with the level of trade …
Persistent link: https://www.econbiz.de/10004963612
The paper analyzes the network structure of international trade. Adapting a network approach developed in the physical … sciences, we propose that international trade functions like a scale-free network. For each commodity group we calculate a … model to explore the effect of the network structure on the value of bilateral trade. The estimation suggests that, inter …
Persistent link: https://www.econbiz.de/10004963637
The paper explores theoretically and empirically why trade intermediaries (TIs) are frequently used as agents for … exports to some countries but not to others. We adapt a standard intra-industry trade model with variable export costs (e …
Persistent link: https://www.econbiz.de/10005068676
Using annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results...
Persistent link: https://www.econbiz.de/10010896213
Tax competition for a mobile factor is different in "new economic geography settings" compared to standard tax competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax differential between the core and the periphery can be...
Persistent link: https://www.econbiz.de/10004963795
This paper presents a simple Chamberlinian agglomeration model which, like the canonical core-periphery (CP) model, contains two agglomerative forces. However, in contrast to that model, the present model is analytically solvable. Moreover, the present model exhibits a 'supercritical pitchfork...
Persistent link: https://www.econbiz.de/10004963901
We propose a framework for comparing the relationship between poverty and personal characteristics across countries (or across years), and use it to compare levels and patterns of relative poverty in the USA, Great Britain and Germany during the 1990s. The higher aggregate poverty rates in the...
Persistent link: https://www.econbiz.de/10004963674
This paper delivers new insights into the development of income inequality and regional stratification in Germany after unification using a new method for detecting social stratification by a decomposition of the GINI index which yields the obligatory between- and withingroup components as well...
Persistent link: https://www.econbiz.de/10004963796
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10004963914
Given any income distribution, to each income we associate a subgroup containing all persons whose incomes are not higher than this income and a person's target shortfall in a subgroup is the gap between the subgroup highest income and his own income. We then develop an absolute target shortfall...
Persistent link: https://www.econbiz.de/10004963964