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Macroeconomic Aspects of European Integration: Fiscal Policy, Trade Integration and the European Business Cycle

Crespo-Cuaresma, Jesús; Pfaffermayr, Michael; Amador, … - FIW - 2011

We analyze the role of fiscal policy and intra-European trade in business cycle synchronization in the EU for the period 1995-2008. There is a broad consensus that the relationship between fiscal policy and business cycle comovements and between trade integration and cyclical synchronization are...

Persistent link: https://www.econbiz.de/10008872070

How to Measure Globalisation? A New Globalisation Index (NGI)

Vujakovic, Petra - FIW - 2010

In this article, a new composite globalisation index will be presented. With its 21 variables, it accounts for the multidimensionality of this phenomenon instead of relying purely on economic indicators. As compared to other existing globalisation indices, three major innovations are introduced...

Persistent link: https://www.econbiz.de/10008619339

Model Simulations for Trade Policy Analysis: the impact of potential trade agreements on Austria

Francois, Joseph; Pindyuk, Olga - FIW - 2011

protection with an “actionability” assumption. The results include estimated changes in GDP, welfare, as well as in the value …

Persistent link: https://www.econbiz.de/10008925096

Firm growth, European industry dynamics and domestic business cycles

Oberhofer, Harald - FIW - 2010

Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single...

Persistent link: https://www.econbiz.de/10008643791

Assessing the impact of European Integration on sectoral trade in services

Behncke, Nadine - FIW - 2013

The present paper contributes to the existing literature analyzing the relationship between intra EU trade in services and European Integration by taking into consideration a potential endogeneity bias of the EU dummy and a correct specification of multilateral resistance terms in a panel data...

Persistent link: https://www.econbiz.de/10010856779

Determinants of Comparative Advantage in Services

Marel, Erik van der - FIW - 2012

This paper analyzes whether and to what extent determinants of comparative advantage have explanatory power for conventional services trade. It assesses the geographical, Heckscher-Ohlin and institutional determinants of services trade based on the literature for goods trade. Moreover, this...

Persistent link: https://www.econbiz.de/10010856784

Does the economic integration of China affect growth and inflation in industrial countries?

Dreger, Christian; Zhang, Yanqun - FIW - 2013

The Chinese economic development affects GDP growth and inflation in the advanced countries. A GVAR approach is used to model the interdependencies between the business cycles in China and industrial countries, including the US, the euro area and Japan. For robustness, the results are compared...

Persistent link: https://www.econbiz.de/10010856800

The EU-Ukraine trade liberalization: How much do the costs of tariff elimination matter?

Frey, Miriam; Olekseyuk, Zoryana - FIW - 2013

step towards Ukraine’s deeper integration into the world economy, widely expected to result in additional welfare gains. As … has only a small impact on the country’s welfare because of the already strongly reduced tariff rates after Ukraine’s WTO … policy. According to our simulations the most welfare enhancing option would be the provision of financial support by the EU …

Persistent link: https://www.econbiz.de/10010856803

Eu enlargement and the gains from trade

Calin-Vlad, Demian - FIW - 2013

In this paper I quantify the welfare gains of the 2004 EU enlargement as a result of the abolition of border controls … the model, I compare the welfare changes for 23 countries between 2003 and 2006. I find that new entrants gained … that allowing for interconnectedness across sectors amplifies the changes in welfare. …

Persistent link: https://www.econbiz.de/10010856805

Positioning Austria in the Global Economy: Value Added Trade, International Production Sharing and Global Linkages

Stehrer, Robert; Stöllinger, Roman - FIW - 2013

This study investigates Austria’s positions in international production sharing and global value chains exploiting the recently available Global Input-Output Database (WIOD). Researchers and policy-makers become increasingly aware of the fact that production processes are more and more...

Persistent link: https://www.econbiz.de/10010856816