Showing 1 - 10 of 29
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …
Persistent link: https://www.econbiz.de/10013186412
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have strong economic effects on Germany. In this paper, we...
Persistent link: https://www.econbiz.de/10010469280
This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model, featuring multiple sectors, input-output linkages, services...
Persistent link: https://www.econbiz.de/10011903006
Exploiting changes in the geography of economic integration in Europe, this paper uses detailed bilateral trade data for 50 sectors to carry out an econometric ex post evaluation of the trade cost effects of the United Kingdom's various arrangements with the European Union. The analysis reveals...
Persistent link: https://www.econbiz.de/10011933707
model for six euro area countries suggests domestic demand and capacity constraints as additional variables for export … developments are relevant for short-run export dynamics particularly during more extreme stages of the business cycle. A …
Persistent link: https://www.econbiz.de/10011300368
export market and vice versa takes place in a smooth manner. Areas of weak reaction of exports to changes in domestic demand … constraints as additional variables for export equations. We apply the exponential and logistic variant of a smooth transition … regression model and find that domestic demand developments and uncertainty are relevant for short-run export dynamics …
Persistent link: https://www.econbiz.de/10011718600
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic implications. Based on stylized theoretical analysis and...
Persistent link: https://www.econbiz.de/10003897546
Feed-in tariffs under the Renewable Energy Sources Act, the so-called Erneuerbare-Energien-Gesetz (EEG), have triggered a massive expansion of electricity from renewable energy sources in Germany over the last decade. The increase in non-competitive renewable power generation though went hand in...
Persistent link: https://www.econbiz.de/10010252146
period of coverage from 1950-2019 to 1950-2022, which includes two special periods - COVID-19 and the war between Russia and … trade. We also obtain estimates of the effects on trade of the 2014 sanctions on Russia, …
Persistent link: https://www.econbiz.de/10013455750
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10003887183