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Gains from Synchronization
Barnett, William; Dalkir, Mehmet - EconWPA - 2005
This paper investigates the transmission mechanisms of noise and volatility between economies through trade links, and the effects of synchronization on business cycles. We investigate the transmission of outside noise and the fluctuations that the noise generates. We identify conditions under...
Persistent link: https://www.econbiz.de/10005119350
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Distance, skill deepening and development : will peripheral countries ever get rich?
Redding, Stephen; Schott, Peter K - London School of Economics (LSE) - 2003
This paper models the relationship between countries' distance from global economic activity, endogenous investments in education and economic development. Firms in remote locations pay greater trade costs on both exports and intermediate imports, reducing the amount of value added left to...
Persistent link: https://www.econbiz.de/10010745145
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Economic Geography and the Fiscal Effects of Regional Integration
Ludema, Rodney D.; Wooton, Ian - EconWPA - 1998
agglomeration of production into a manufacturing core and agricultural periphery, creating regional income differentials. We examine … thus higher equilibrium taxes. Moreover, economic integration must increase taxes when the forces of agglomeration are the …
Persistent link: https://www.econbiz.de/10005556493
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Regional Integration, Trade, and Migration: Are Demand Linkages Relevant in Europe?
Ludema, Rodney D.; Wooton, Ian - EconWPA - 1998
’s economic-geography model in which demand linkages can generate agglomeration of manufacturing activity. Manufacturing labour is … assumed to be imperfectly mobile between countries. This constrains the forces of agglomeration within the region and suggests … that the model may be applicable to Europe. We show that trade liberalisation may lead initially to partial agglomeration …
Persistent link: https://www.econbiz.de/10005119320