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Using distance and time zone differences as a measure for coordination costs between service suppliers and consumers, we employ a Hausman-Taylor model for services trade by foreign affiliates. Given the need for proximity in the provision of services, factors like distance place a higher cost...
Persistent link: https://www.econbiz.de/10010549205
This note gives a comprehensive overview of the currently available international databases on trade in services. Notwithstanding problems in data collection arising from the very wide definition of trade in services (i.e. the four GATS modes in contrast to what is traditionally considered as...
Persistent link: https://www.econbiz.de/10008477130
than log-linear models to specify "normal" FDI and obtain estimates of unexhausted FDI potentials. I use panel data on …
Persistent link: https://www.econbiz.de/10008477133
This study quantifies possible impacts of medium-term structural changes in the global economy on the Austrian economy. Emphasis is placed on the effects of continued medium term growth in emerging markets, especially in Asia and Latin America, on the structure of the Austrian economy. The...
Persistent link: https://www.econbiz.de/10008456793
EU's 2007 enlargement by Bulgaria and Romania is evaluated by applying a simple macroeconomic integration model able to encompass as many of the theoretically predicted integration effects possible. The direct integration effects of Bulgaria and Romania spill-over to EU15, including Austria and...
Persistent link: https://www.econbiz.de/10005146598
destination markets according to their income level. Results show that export competition from China has affected Italian price …
Persistent link: https://www.econbiz.de/10010856802
We investigate the impact of the emergence of China as a global competitor on the trade performance of Central, Eastern … points against cut-throat competition between CESEE and China. The decomposition of export growth along the extensive versus … supplier related competitiveness effect. Both the CESEE region and China successfully intensified their trade linkages above …
Persistent link: https://www.econbiz.de/10010550677
In this study, we employ the novel measure of a VAR-based spillover index, developed by Diebold and Yilmaz (2012) to investigate the time-varying relationship between tourism and economic growth in selected European countries. Overall, the findings suggest that (i) the tourism-economy...
Persistent link: https://www.econbiz.de/10010856798
Da der Tourismus im Allgemeinen zeitverzögert reagiert, zeigt sich die Verschlechterung der wirtschaftlichen Situation in Europa noch nicht deutlich in den internationalen Tourismusdaten des Jahres 2012. Die derzeitige Lage im österreichischen Tourismus lässt sich so beschreiben, dass sich...
Persistent link: https://www.econbiz.de/10010618336
The study examines the impact of Austrian outward foreign direct investments (FDI) on home based parent company employment. The analysis is based on the AMADEUS firm-level database and an improved methodology by applying matching methods and the difference in difference estimator. In this way we...
Persistent link: https://www.econbiz.de/10008619344