Showing 1 - 10 of 267
Open and flexible labor markets foster growth, development and integration in Europe. The single European labor market …
Persistent link: https://www.econbiz.de/10010884383
variables – education, governance or openness – result in virtuous growth cycles. These are smallest under an increase in trade …
Persistent link: https://www.econbiz.de/10008568276
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from Central and Eastern Europe (CEEC-4) using both static and dynamic panel data approaches. Specifically, the system Generalized Method of Moments (GMM, Blundell and Bond, 1998)...
Persistent link: https://www.econbiz.de/10009003938
The main goal of regionalization is the creation of free trade areas and the guarantee for countries to accede to a widened market. Many studies dealing with the effects of regional free trade agreements on trade flows already exist in the economic literature and the explosion in the number of...
Persistent link: https://www.econbiz.de/10005762334
, the Russian Federation and Ukraine) that did not sign an FTA. Besides, we show that trade growth after the FTA agreement … with the EU was signed exceeded trade growth of the control group of countries which did not become members. …
Persistent link: https://www.econbiz.de/10005762353
growth. For that purpose higher education must strengthen its innovative power in entrepreneurship education and by focusing …
Persistent link: https://www.econbiz.de/10010556213
This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...
Persistent link: https://www.econbiz.de/10010764596
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005762377
growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently …, the magnitude of fungibility and its impact on growth. Embedding fungibility as an equilibrium outcome in an endogenous … growth framework, we show that the substitution away from domestic government investment is higher than from government …
Persistent link: https://www.econbiz.de/10005703140
We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and …
Persistent link: https://www.econbiz.de/10005822131