Showing 1 - 10 of 1,127
How will worldwide changes in population affect pressures for international migration in the future? We contrast the past three decades, during which population pressures contributed to substantial labor flows from neighboring countries into the United States and Europe, with the coming three...
Persistent link: https://www.econbiz.de/10012456058
unable for institutional reasons to diversify their loan risks either within agriculture or across other geographically …
Persistent link: https://www.econbiz.de/10012476985
) emissions from agriculture. In a step towards a full evaluation of the impacts, it uses a counterfactual global model scenario … that currently tax agriculture have high emission intensities. Policies that directly reduce emission intensities yield …
Persistent link: https://www.econbiz.de/10012481785
After decades of successful growth, economic unions have recently become the focus of heightened political controversy. We argue that this is partly due to the growth of trade between countries that are increasingly dissimilar. We develop a theoretical framework to study the effects on trade,...
Persistent link: https://www.econbiz.de/10012480416
This paper explores price differences in the European Union (EU) pharmaceutical market, the EU's fifth largest industry. With the aim of enhancing quality of life along with industry competitiveness and R&D capability, many EU directives have been adopted to achieve a single EU-wide...
Persistent link: https://www.econbiz.de/10012462395
We investigate the relationship between financial integration and output volatility at micro and macro levels. Using a very large firm-level dataset from EU countries over time, we construct a measure of "deep" financial integration at the regional level based on foreign ownership at the firm...
Persistent link: https://www.econbiz.de/10012462751
We investigate the degree of financial integration within and between European countries. We construct two measures of de-facto integration across European regions to capture "diversification" and "development" finance in the language of Obstfeld and Taylor (2004). We find evidence that capital...
Persistent link: https://www.econbiz.de/10012465209
-run trends in U.S. regional specialization in agriculture manufacturing, wholesale trade, retail trade, services, and all …
Persistent link: https://www.econbiz.de/10012472480
Are there systematic forces such that countries of different sizes participating in a free trade bloc gain differently from the entry of new members? If economies of scale imply that firms located in large countries enjoy lower costs, then the gains from enlarging the bloc will fall...
Persistent link: https://www.econbiz.de/10012473504
This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that...
Persistent link: https://www.econbiz.de/10012473587