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EU Integration and its Implications for Asian Economies – What we Know and What Not
Langhammer, Rolf J.; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 2006
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
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On the size of sheepskin effects: A meta-analysis
Rodríguez, Mora; James, Jhon; Muro, Juan - Institut für Weltwirtschaft (IfW) - 2015
The authors use information gathered from 122 studies on the effects of high school diplomas on wages in different countries worldwide to carry out a meta-analysis that shows high school diplomas have a statistically significant effect on wages of nearly 8 percent. This effect varies whether the...
Persistent link: https://www.econbiz.de/10011269111
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A tale of two countries: A comparison of the aggregate effects of sectoral reallocation in the United States and Germany
Reicher, Christopher - Institut für Weltwirtschaft (IfW) - 2011
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
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The aggregate effects of long run sectoral reallocation
Reicher, Christopher - Institut für Weltwirtschaft (IfW) - 2011
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
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Consistent estimation of pseudo panels in the presence of selection bias
Rodriguez, Mora; James, Jhon; Muro, Juan - Institut für Weltwirtschaft (IfW) - 2012
In the presence of selection bias, traditional estimators of pseudo panel data are inconsistent. In this paper, the authors derive the conditions under which consistence is achieved in pseudo-panel estimation and propose a simple test of selection bias. Specifically, they propose a Wald test for...
Persistent link: https://www.econbiz.de/10010956040
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Government Activity and Economic Growth – One Size Fits All?
Beckmann, Joscha; Endrich, Marek; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 2014
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
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External Drivers of Institutional Change in Central Asia – Regional Integration Schemes and the Role of Russia and China
Schweickert, Rainer; Melnykovska, Inna; Plamper, Hedwig - Institut für Weltwirtschaft (IfW) - 2012
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
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Foreign direct investment, access to finance, and innovation activity in Chinese enterprises
Girma, Sourafel; Gong, Yundan; Görg, Holger - Institut für Weltwirtschaft (IfW) - 2008
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
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Can production subsidies explain China's export performance? Evidence from firm level data
Yu, Zhihong; Gong, Yundan; Girma, Sourafel; Görg, Holger - Institut für Weltwirtschaft (IfW) - 2008
It is widely accepted that China has been experiencing an export-led growth approach. However, the question whether …
Persistent link: https://www.econbiz.de/10005700627