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Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10003894876
We develop a product market theory that explains why firms invest in general training of their workers. We consider a …
Persistent link: https://www.econbiz.de/10011402873
In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of … distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …
Persistent link: https://www.econbiz.de/10012015904
This paper outlines the importance of labor mobility for the improvement in allocating and distributing economic resources. We are faced with an increasing lack of skilled workers and a growing tendency of unemployment amongst the low-skilled. A central political objective for the future will...
Persistent link: https://www.econbiz.de/10003809161
A Single European Labor Market, particularly involving the free movement of workers within Europe, has been a goal of the European community since the 1950s. Whereas it may entail opportunities and drawbacks alike, the benefits - such as greater economic welfare for most citizens - are supposed...
Persistent link: https://www.econbiz.de/10010394342
The 2004 and 2007 enlargements of the EU extended the freedom of movement to workers from the twelve new member states mainly from Central Eastern Europe. This study summarizes and comparatively evaluates what we know about mobility in an enlarged Europe to date. The pre-enlargement fears of...
Persistent link: https://www.econbiz.de/10009536576
The European labor market allows for the border-free mobility of workers across 31 countries that cover most of the continent's population. However, rates of migration across European countries remain considerably lower than interstate migration in the United States, and spatial variation in...
Persistent link: https://www.econbiz.de/10012588919
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the effects of such deep integration differ from other forms and investigates what drives these effects. Using a structural gravity framework on annual bilateral FDI data for almost...
Persistent link: https://www.econbiz.de/10012288695
This paper addresses two main questions: (a) Has European integration hindered the implementation of labour, financial and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries? Using more granular reform measures, longer time...
Persistent link: https://www.econbiz.de/10012291227
Intra‐EU mobility has been the subject of debate from its very inception. Some scholars argue that intra‐EU labour migration improves the allocation of human capital in the EU and contend that the level of permanent‐type labour mobility is still too low to talk of a single European labour...
Persistent link: https://www.econbiz.de/10011581638