Showing 1 - 10 of 20
The paper uses a gravity model to examine the role of corruption in the direction of trade in a data set comprising … membership of the RTAs does not always increase bilateral trade whereas reducing a country's corruption does tend to increase … trade flows. The results suggest that EU membership, with the associated improvement in the perceived level of corruption …
Persistent link: https://www.econbiz.de/10009385873
We explore the uses of double-calibrated general equilibrium models as a decomposition tool for analysing contributory factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to start and end years, based upon an assumed functional...
Persistent link: https://www.econbiz.de/10009395928
The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub … extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both …
Persistent link: https://www.econbiz.de/10009276242
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10009646509
This short note tries to argue that distance is not necessarily harmful for trade. It is shown that there may be an … increase in the production and volume of trade if time zones of the trading nations are non-overlapping. This implies a … positive effect of distance on the volume of trade. It is also shown that exploitation of time zone difference raises welfare …
Persistent link: https://www.econbiz.de/10010956056
challenge the view that greater openness to trade automatically leads to improved firm entry institutions. My model enables … calculating business entry impediments whereas lobbying game produces structural estimates of the counterfactual levels of trade … extensive margin and asymmetries in technology and trade costs. Importantly, the model demonstrates that startling differences …
Persistent link: https://www.econbiz.de/10010886832
exemplify possible applications related to trade and FDI. By overcoming several data limitations, our new global index can help …
Persistent link: https://www.econbiz.de/10010886848
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...
Persistent link: https://www.econbiz.de/10010887001
to disentangle the effects of international spillovers via trade and FDI. My findings show that imports remain the main …
Persistent link: https://www.econbiz.de/10005755110
trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent … are already highly integrated in terms of trade and factor mobility. The potential discrimination effect against trade … to Europe. At the same time, so-called overlap or similarity indices for trade patterns show an increasing similarity …
Persistent link: https://www.econbiz.de/10005755194