Showing 1 - 10 of 69
. -- Trade integration ; gravity ; trade costs ; multilateral resistance ; industries ; disaggregation ; European Union … trade barriers for manufacturing industries in European Union countries between 1999 and 2003. We find a large degree of … trade cost heterogeneity across industries. The most important trade barriers are transportation costs and policy factors …
Persistent link: https://www.econbiz.de/10003820665
trade barriers for manufacturing industries in European Union countries between 1999 and 2003. We find a large degree of … trade cost heterogeneity across industries. The most important trade barriers are transportation costs and policy factors …
Persistent link: https://www.econbiz.de/10003867934
internal market and free movement of labour. The economic implications for sixteen industries in several European countries are …
Persistent link: https://www.econbiz.de/10011400805
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011309224
Although real integration conceptually plays an important role for the comovement of international equity markets, documenting this link empirically has proven challenging. We construct a new dataset of theory-guided, relevant measures of bilateral trade in final and intermediate goods and...
Persistent link: https://www.econbiz.de/10014292801
When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of …
Persistent link: https://www.econbiz.de/10003771795
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10009571212
This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of industrialization. Our empirical strategy focuses on the dynamics of price convergence and accounts for general equilibrium effects arising from common shocks and network...
Persistent link: https://www.econbiz.de/10011375678
We investigate the theoretical relationship between wage concentration and international market integration. Access to imported varieties lowers the cost of intermediate inputs (“machines”) used to carry out production tasks, causing workers with different comparative abilities to be sorted...
Persistent link: https://www.econbiz.de/10010412753
We offer a new explanation for why taxes have become less redistributive in many countries in parallel with an increase in income concentration. When performance-based contracts are needed to incentivize effort, redistribution through progressive income taxes becomes less precisely targeted....
Persistent link: https://www.econbiz.de/10014458815