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One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L'Esprit des Lois, argued, peace is the...
Persistent link: https://www.econbiz.de/10002452365
economy. We test this theory by exploring within-country variation in exposure to competition from China in 13 European … exposure from China experienced a marked fall in employment, while countries with wage-coordination experienced no such …
Persistent link: https://www.econbiz.de/10012221759
We analyze the effects of the unprecedented rise in trade between Germany and "the East" - China and Eastern Europe … ; employment ; China ; Eastern Europe ; Germany …
Persistent link: https://www.econbiz.de/10009558995
vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … to Latin America and the rest of emerging Asia (excluding China and India) GDP has not undergone any significant change …
Persistent link: https://www.econbiz.de/10009311486
to the divisive 2016 U.S. presidential election. Exploiting the exogenous component of rising import competition by China …
Persistent link: https://www.econbiz.de/10012315433
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...
Persistent link: https://www.econbiz.de/10012099470
This paper aims to estimate the impact of bilateral Official Development Assistance (ODA) provided by Korea on its bilateral export to recipient countries. The empirical analysis is based on data from 1996 to 2014 with 121 recipient countries. Although the two models of determinants of ODA and...
Persistent link: https://www.econbiz.de/10011612988
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to output and other shocks originated in the rest of the world. A comparison of two regional economic communities - the East African Community (EAC) and the Southern Africa Customs...
Persistent link: https://www.econbiz.de/10011307945
Trade and migration have become more important in recent years for Austria and Germany. The transition in Central and Eastern Europe has played an important role in this development. The derived labor market consequences are not fully clear so far. This paper presents the results of econometric...
Persistent link: https://www.econbiz.de/10011294537
In this paper we investigate whether the effects of terrorism in one country spillover to affect trade in neighboring nations. Using a sample of more than 160 countries from 1976 to 2014, we report robust evidence that terrorist attacks in a nation's contiguous neighbors significantly reduce...
Persistent link: https://www.econbiz.de/10011694823