Showing 1 - 10 of 11
In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...
Persistent link: https://www.econbiz.de/10005755194
This paper compares the aggregate effects of sectoral reallocation in the United States and Western Germany using a stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment in either country, and there is mild evidence that...
Persistent link: https://www.econbiz.de/10009216276
In this paper, I estimate a series of long run reallocative shocks to sectoral employment using a stochastic volatility model of sectoral employment growth for the United States from 1960 through 2011. Reallocative shocks (which primarily measure construction and technology busts) have little...
Persistent link: https://www.econbiz.de/10009216281
We study the North-South diffusion of technologies embodied in internationally mobile capital in a framework of intertemporal global welfare maximization. Convergence of the growth rates of technical change in the North and South always occurs in the long-run. However, the degree to which the...
Persistent link: https://www.econbiz.de/10005818868
This paper analyzes a stylized model of international capital mobility and diffusion of embodied technologies from North to South. The South can fall behind in terms of technologies or get trapped in a situation, in which it is unable to attract foreign capital and embodied technologies, if its...
Persistent link: https://www.econbiz.de/10005076090
This study investigates the role of government activity in economic growth, arguing that economic systems are important and that, therefore, one size of government does not fit all countries. Taking a panel of 111 countries over the years from 1971 to 2010, we consider clusters of economic...
Persistent link: https://www.econbiz.de/10010886882
Russia and China are assumed to challenge democratization and to promote autocracy. In a first step, we analyze Central … Asia as the most-likely case, considering both Russia and China as relevant external actors. We develop a concept for our … analysis based on the different strategies of Russia (dominance) and China (doing-business) towards the region and present the …
Persistent link: https://www.econbiz.de/10010887001
This paper investigates the link between inward FDI and innovation activity in China, using a very comprehensive and …
Persistent link: https://www.econbiz.de/10005818806
model for climate policy analyses. It analyzes China’s accession to a Post Kyoto emission regime that keeps global emissions …, China will become a net seller of emission permits and steadily reduce emissions, possibly below their 2004 level until 2030 … on Chinese welfare will not significantly change when China joins the Post Kyoto regime …
Persistent link: https://www.econbiz.de/10005818849
their total emissions, and net carbon exports of China amount to 24% of China's total emissions. We also analyze policies … under a global per capita emissions based contraction and convergence regime with emission trading: When China joins the … regime, the developing countries will benefit, while the industrialized countries will be almost unaffected. When China does …
Persistent link: https://www.econbiz.de/10008559254