Showing 1 - 10 of 18
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
investigates how the accession of 10 Central and Eastern European Countries (CEECs) to the European Union (EU) affected trade in …-2009, we find that EU accession mainly fostered Eastern entrants' integration in other CEECs' value chains. Smaller integration …
Persistent link: https://www.econbiz.de/10011414190
This paper estimates a gravity model of trade to evaluate the trade effects of the Euro on sectoral trade within the Euro Zone, the CFA Franc Zone and between the Eurozone and the CFA Franc Zone, when CFA countries acquired fixed rates against the non-francophone Eurozone members. The formation...
Persistent link: https://www.econbiz.de/10011641789
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
find that the effect of the 2004 EU enlargement has been positive for both intermediate and final goods trade, and it is in …
Persistent link: https://www.econbiz.de/10012197601
This paper studies the international coordination of monetary policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on monetary competition between Europe and America. Similarly, as...
Persistent link: https://www.econbiz.de/10002846541
Persistent link: https://www.econbiz.de/10002166923
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
, 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
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