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We use an augmented gravity model to revisit the effect of similarity in income distributions on bilateral trade flows. Disentangling supply-side and demand-side mechanisms, we document a robust new regularity: while differences in average incomes between two countries increase trade,...
Persistent link: https://www.econbiz.de/10010374075
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The Schengen Agreement has guaranteed unchecked travel across internal EU borders since 1995. Has it also facilitated trade flows? Our econometric analysis suggests that Schengen has boosted trade by 3% on average (equivalent to a drop in tariffs by 0.7 percentage points). Goods trade is more...
Persistent link: https://www.econbiz.de/10011455888
We employ theory-grounded sectoral gravity models to estimate the effects of various steps of European product market integration on trade flows. We embed these estimates into a static Ricardian quantitative trade model featuring 43 countries and 50 goods and services sectors. Paying attention...
Persistent link: https://www.econbiz.de/10011794042
The currently negotiated Transatlantic Trade and Investment Partnership between the EU and the United States of America will most likely affect countries, such as Norway which have close ties to the European production networks. Based on a CGE model, developed at the ifo institute, we...
Persistent link: https://www.econbiz.de/10011557897
We estimate the relationship between computers and students' educational achievement in the international student-level PISA database. Bivariate analyses show a positive correlation between achievement and computer availability both at home and at school. However, once we control extensively for...
Persistent link: https://www.econbiz.de/10008858481
This paper develops empirical growth models suitable for dual economies, and studies the relationship between structural change and economic growth. Changes in the structure of employment will raise aggregate productivity when the marginal product of labour varies across sectors. The models in...
Persistent link: https://www.econbiz.de/10008859503
Dieser Artikel präsentiert Ergebnisse mehrerer international vergleichender und deutscher mikroökonometrischer Untersuchungen zum Zusammenhang zwischen frühkindlicher Bildung und späteren kognitiven und nicht-kognitiven Fähigkeiten anhand der TIMSS-, PISA-, IGLU- und...
Persistent link: https://www.econbiz.de/10008859826
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