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Gradualism and Uncertainty in International Union Formation
Konstantinidis, Nikitas - 2021
This paper introduces a new theoretical framework of international unions qua coalitions of countries adopting a common policy and common supranational institutions. We introduce a general class of non-cooperative spatial bargaining games of coalition formation among three countries in order to...
Persistent link: https://www.econbiz.de/10013316888
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Is Hard Brexit Detrimental to EU Integration? Theory and Evidence
Mikolajun, Irena - 2018
In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the European Union (EU). In this paper we evaluate...
Persistent link: https://www.econbiz.de/10012908727
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Taxation Systems in the EU : The Role of Economic Integration and Global Financial Crisis
Erol, Kazim Okan - 2021
This study aims to scrutinize the change of public revenue systems of the EU-15 between 1980 and 2016. The share of consumption taxes in total tax revenues increases and this process have triggered higher tax burden on labor in most of the EU countries via indirect taxation. In this study I use...
Persistent link: https://www.econbiz.de/10013314956
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Adding Geography to the New Economic Geography
Bosker, Erik Maarten; Brakman, Steven; Garretsen, Harry; … - 2021
For reasons of analytical tractability, new economic geography (NEG) models treat geography in a very simple way: attention is either confined to a simple 2-region or to an equidistant multi-region world. As a result, the main predictions regarding the impact of e.g. diminishing trade costs are...
Persistent link: https://www.econbiz.de/10013316995
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Financial Integration and Economic Growth in Europe
Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2023
This study examines the impact of financial integration on economic growth in the case of 31 European countries over the period from 2000 to 2021 using dynamic panel data models. The estimation results provide evidence of significant positive effects of financial integration on economic growth....
Persistent link: https://www.econbiz.de/10014346251
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A Tale of (Almost) 1001 Coefficients : Deep and Heterogeneous Effects of the Eu-Turkey Customs Union
Larch, Mario - 2019
In view of the deferred start of negotiations for the modernization of the Customs Union between the EU and Turkey (CU … additional increase in EU-Turkey manufacturing trade by 55-65% compared to the previously active Ankara Agreement. We also … provide evidence that the CU-EUT significantly increased Turkey’s trade with third countries. Additionally, a substantial …
Persistent link: https://www.econbiz.de/10012892084
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Turkish delight for some, cold turkey for others?: The effects of the EU-Turkey Customs Union
Adam, Antonis; Moutos, Thomas - 2005
Following Turkey’s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly … agricultural sector, Turkey also specializes in the production and exportation of relatively low-price, low-quality varieties of … asymmetric changes in the trade volumes of the incumbent countries of the EU as a result of the EU-Turkey CU. By examining …
Persistent link: https://www.econbiz.de/10010261340
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The Origins of Common Identity : Evidence from Alsace-Lorraine
Dehdari, Sirus H. - 2019
The quasi-exogenous division of the French regions Alsace and Lorraine after the Franco-Prussian War allows us to provide evidence about group identity formation within historically homogeneous regions. Using several measures of stated and revealed preferences spanning over half a century, we...
Persistent link: https://www.econbiz.de/10012892173
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The Origins of Common Identity : Evidence from Alsace-Lorraine
Dehdari, Sirus H. - 2019
The quasi-exogenous division of the French regions Alsace and Lorraine after the Franco-Prussian War allows us to provide evidence about group identity formation within historically homogeneous regions. We use several measures of stated and revealed preferences at the municipal-level in a...
Persistent link: https://www.econbiz.de/10012858698
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Unlocking the value of cross-border mergers and acquisitions
Brakman, Steven; Garita, Gus; Garretsen, Harry; van … - 2008
Most FDI takes place between the developed countries, which suggests that the market-seeking motive is important for understanding FDI. However, given the stylized fact that trade barriers (e.g. transportation costs and financial barriers) have declined over the past 20 years, models that aim to...
Persistent link: https://www.econbiz.de/10010275800