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The Impact of UN and US Economic Sanctions on GDP Growth
Neuenkirch, Matthias; Neumeier, Florian - FIW - 2015
In this paper, we empirically assess how economic sanctions imposed by the UN and the US affect the target states’ GDP growth. Our sample includes 68 countries and covers the period 1976–2012. We find, first, that sanctions imposed by the UN have a statistically and economically significant...
Persistent link: https://www.econbiz.de/10011152602
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Time-Varying Interdependencies of Tourism and Economic Growth: Evidence from European Countries
Dragouni, Mina; Filis, George; Antonakakis, Nikolaos - FIW - 2013
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
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The EU-Ukraine trade liberalization: How much do the costs of tariff elimination matter?
Frey, Miriam; Olekseyuk, Zoryana - FIW - 2013
The establishment of the currently negotiated Free Trade Agreement (FTA) between EU and Ukraine is the next significant step towards Ukraine’s deeper integration into the world economy, widely expected to result in additional welfare gains. As developing countries face some costs associated...
Persistent link: https://www.econbiz.de/10010856803
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Positioning Austria in the Global Economy: Value Added Trade, International Production Sharing and Global Linkages
Stehrer, Robert; Stöllinger, Roman - FIW - 2013
trade, above all China. Finally, analysing the trade slump of the year 2009 we find that ‘re-shoring’ activities of Austrian …
Persistent link: https://www.econbiz.de/10010856816
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Wieviel Potenzial steckt in den BRICS?
Ebner, Verena; Mumme, Christina; Lueghammer, Wolfgang; … - FIW - 2014
Die vorliegende Studie zum Potenzial der BRICS-Staaten für die österreichische Außenwirtschaft diskutiert in einem ersten Schritt aktuelle makroökonomische Entwicklungen und strukturelle Aspekte der fünf BRICS-Staaten sowie die damit verbundenen Herausforderungen für die Zukunft. In einem...
Persistent link: https://www.econbiz.de/10010856817
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Global Value Chains: Implications for the Austrian economy
Kulmer, Veronika; Kernitzkyi, Michael; Köberl, Judith; … - FIW - 2015
This study focuses on the implications of rising global value chains (GVCs) on international trade and analysis the impacts on small open economies. Small open economies rely heavily on international trade and are highly integrated in global production networks but have so far been hardly...
Persistent link: https://www.econbiz.de/10011252677
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Business Cycle Dynamics in the Euro Area: A Factor-SVAR Approach
Seymen, Atilim - FIW - 2009
The study investigates the business cycle dynamics in the euro area using an empirical framework which comprises common global and euro area shocks as well as allows bilateral spillovers of country-specific shocks across the member economies. Three core questions lie at the heart of the...
Persistent link: https://www.econbiz.de/10008495508
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China's Pure Exporter Subsidies
Defever, Fabrice; Riaño, Alejandro - FIW - 2013
suggests that eliminating these subsidies would result in a welfare gain for China comparable to that of halving its trade …
Persistent link: https://www.econbiz.de/10010856787
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China’s competition and the export price strategies of developed countries
Giovannetti, Giorgia; Sanfilippo, Marco - FIW - 2012
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
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Fishing in the same pool: Export strengths and competitiveness of China and CESEE at the EU-15 Market
Schitter, Christian; Silgoner, Maria; Steiner, Katharina; … - FIW - 2012
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