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Environmental policy and firm selection in the open economy
Kreickemeier, Udo; Richter, Philipp M. - 2019
In this paper, we analyse the effects of a unilateral change in an emissions tax in a model of international trade with heterogeneous firms. We find a positive effect of tighter environmental policy on average productivity in the reforming country through reallocation of labour towards exporting...
Persistent link: https://www.econbiz.de/10012019618
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Services sectors' agglomeration and its interdependence with industrial agglomeration in the European Union
Krenz, Astrid - 2010
tendencies will be empirically investigated in this study. Locational gini coefficients are computed taking EU-KLEMS data for 14 … water transport and financial intermediation record a significant increase in agglomeration. Agglomeration tendencies of … enhancement of theoretical models. Further, the results are important for understanding agglomeration processes in the EU …
Persistent link: https://www.econbiz.de/10008666588
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Industrial localization and countries' specialization in the European Union : an empirical investigation
Krenz, Astrid; Rübel, Gerhard - 2010
, New Trade Theories and the New Economic Geography. Taking EU-KLEMS data for 14 European countries covering 20 industries … Industrial Concentration but only a slight increase in Countries' Specialization in the EU evident over time. Especially, low … Economic Geography can explain both Industrial Concentration and Countries' Specialization in the EU best. As regards Countries …
Persistent link: https://www.econbiz.de/10008666589
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Cointegration in the foreign exchange market and market efficiency since the introduction of the euro : evidence based on bivariate cointegration analyses
Kühl, Michael (contributor) - 2007
The aim of this paper is to investigate the market efficiency on the foreign exchange market since the introduction of the Euro by applying the cointegration analysis to exchange rates. The introduction of the Euro has changed the structure of the global foreign exchange market to the extent...
Persistent link: https://www.econbiz.de/10003582754
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Current accounts in Europe : implications of the external imbalances for the future of the common monetary policy
Gehringer, Agnieszka - 2012
The paper discusses the seriousness of current account imbalances in the last few decades in Europe, with a particular focus on the European Monetary Union. A closer look at the development of current accounts in European economies suggests the existence of some serious structural problems that...
Persistent link: https://www.econbiz.de/10009505479
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The Euro : a "MUST" for small European states?
Ohr, Renate; Özalbayrak, Mehmet - 2012
creating a homogeneous group. They differ in the length of EU membership, income per capita, membership and non-membership of …
Persistent link: https://www.econbiz.de/10009487855
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Regulation, trade and economic growth
Königer, Jens Olaf; Silberberger, Magdalena - 2015
The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are amplified by economic integration, which makes factors...
Persistent link: https://www.econbiz.de/10011298539
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Services sectors' concentration : the European Union, Greece, and the New Economic Geography
Krenz, Astrid - 2013
intermediation, retail trade and water transport sectors are subject to an increasing level of concentration over time. Moreover, we …
Persistent link: https://www.econbiz.de/10009744592
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Has the financial crisis eroded citizens’ trust in the European Central Bank? : panel data evidence for the euro area ; 1999-2011
Roth, Felix; Gros, Daniel; Nowak-Lehmann D., Felicitas - 2012 - Revised Version: March 2012
In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
Persistent link: https://www.econbiz.de/10009711914
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How interdependent are Eastern European economies and the Euro area?
Prettner, Catherine; Prettner, Klaus - 2014
Persistent link: https://www.econbiz.de/10010241448