Showing 1 - 10 of 154
The ongoing process of European integration is likely to increase trade and factor mobility thereby increasing …
Persistent link: https://www.econbiz.de/10005566199
Globalization and European integration are substantially changing the interregional division of labor in Europe and the … integration (such as the new economic geography, urbanization economics, and the theory of comparative advantages), surveys the …
Persistent link: https://www.econbiz.de/10005700549
integration between the European Union and developing countries by removing barriers to trade: trade preferences and trade … practitioners and researchers in both areas, the paper concludes that while at least some trade preferences actually have been less … of a failure than their reputation suggests, trade facilitation is a far more promising policy option for the future. …
Persistent link: https://www.econbiz.de/10009223281
This paper establishes eight stylized facts on the evolution of the localization of economic activity across industries and regions in the EU-15 since 1980. Localization, which nests concentration and specialization, is measured by a Theil index. The stylized facts reveal a broad aggregate trend...
Persistent link: https://www.econbiz.de/10008784524
The paper extends the methodological toolbox of measures of industrial concentration and regional specialization. First, a taxonomy is proposed which gives rise to a modular construction system for disproportionality measures based on three characteristic features: the projection function, the...
Persistent link: https://www.econbiz.de/10005818782
Despite the formal rigour that attends social and economic measurement, the substantive meaning of particular measures could be compromised in the absence of a clear and coherent conceptualization of the phenomenon being measured. A case in point is afforded by the status of a focus axiom in the...
Persistent link: https://www.econbiz.de/10009321671
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, the authors show the sensitivity of country inequality rankings to conversion...
Persistent link: https://www.econbiz.de/10009646514
Subgroup decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...
Persistent link: https://www.econbiz.de/10009647559
Inequality, bi-polarization and polarization are related but distinct concepts aiming at analysing the income distribution. This paper first recalls the main differences between these three notions of inequality, bipolarization and polarization. It then shows that a close look at the impact of...
Persistent link: https://www.econbiz.de/10010956034
In this paper we investigate the contagion effect between stock markets of U.S and sixteen OECD countries due to Global Financial Crisis (2007-2009). We apply Dynamic Conditional Correlation GARCH model Engle (2002) to daily stock price data (2002-2009). In order to recognize the contagion...
Persistent link: https://www.econbiz.de/10009149314