Showing 1 - 10 of 19
Cash is the most frequently used form of payment by Europeans at the point of sale (POS). For this reason, an adequate cash cycle infrastructure must be in place, with a sufficient distribution system allowing people and businesses to access cash through the automated teller machine (ATM)...
Persistent link: https://www.econbiz.de/10015278832
From a conceptual point of view there is little consensus of what should be the “ideal indicator” of international cost and price competitiveness as each of the standard measures typically employed has its own merits and drawbacks. This calls for addressing the question from an empirical...
Persistent link: https://www.econbiz.de/10005530816
rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions … therefore provides an assessment of China’s “natural” place in the world economy based on a new set of trade integration … indicators. These indicators are used as a benchmark in order to examine whether China’s share in international trade is …
Persistent link: https://www.econbiz.de/10005531009
depend on trade linkages and can be sizeable. JEL Classification: E22, E62, H54 …
Persistent link: https://www.econbiz.de/10011067247
This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the … with its trade partners. This study of the Euro’s influence by means of the Border Effect is a novelty in the literature …, it reveals that the Euro’s influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …
Persistent link: https://www.econbiz.de/10005816325
The purpose of this paper is to explain the relation between the Border Effect and industrial concentration. This is achieved by founding this relation on the Home Market Effect and testing the robustness of this foundation through an application to the European Single Market. A sectorial...
Persistent link: https://www.econbiz.de/10008549308
-regulatory convergence has also contributed to the spur of cross-border financial transactions. Trade in goods, while highly correlated with …
Persistent link: https://www.econbiz.de/10008550448
We empirically analyse the response of US manufacturing labour market variables to various shocks, notably to trade … factors (a sector-specific measure of trade openness, along with common technology and oil price shocks), specific measures of … manufacturing-wide variables are included for each sector. Generalised impulse responses indicate that increased trade openness …
Persistent link: https://www.econbiz.de/10005222295
the single market intensified bilateral trade across euro area countries and contributed to higher business cycle symmetry …. The introduction of the single currency led to an intensification of intra-industry trade which has become the main …
Persistent link: https://www.econbiz.de/10005222306
countries. We test how trade costs dampen the effect of real exchange rate movements on bilateral exports, and show that the … results are highly consistent with the existence of an hysteresis effect of real exchange rate movements on trade, as …
Persistent link: https://www.econbiz.de/10005222322