Showing 1 - 10 of 1,012
This paper analyses the rapid trade integration of the Central and Eastern European countries (CEEC's) with the euro area in the past ten years and draws implications for further integration. We use as benchmark an enhanced gravity model estimated for a large sample of bilateral trade flows...
Persistent link: https://www.econbiz.de/10013318195
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it is possible to control for unobserved heterogeneity at...
Persistent link: https://www.econbiz.de/10013138239
The aim of the paper is to analyse the factors behind the rapid trade integration of the Central and Eastern European countries with the euro area in the past ten years and to gauge the potential for further integration. We use as benchmark an enhanced gravity model estimated with a large sample...
Persistent link: https://www.econbiz.de/10011604591
We investigate the impact of China as a global competitor on the trade performance of the ten Central, Eastern and … goods and transport equipment. Overall, competition between CESEE-10 and China intensified as a result of their outstanding …
Persistent link: https://www.econbiz.de/10013081458
The rapid transition of China from a closed agricultural society to an industrial powerhouse has been associated with a … rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions … have been arising ranging from holding China partly responsible for global imbalances to complaints about the "excessive …
Persistent link: https://www.econbiz.de/10013317365
The paper proposes a modelling approach for euro area goods and services trade volumes and prices on the basis of a break-down of trade data into their intra- and extra-area components. Using the evidence from the newly estimated trade equations, the paper gives new insights into two important...
Persistent link: https://www.econbiz.de/10013317054
International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining “border effects” that are arguably related to the ICT...
Persistent link: https://www.econbiz.de/10012833969
There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China … imposes a threat to the market positions of advanced economies. While China's export structure is very similar to that of the … values reflect quality the prevailing view of the literature is that China exports low quality varieties of the same products …
Persistent link: https://www.econbiz.de/10013129033
Due to the emergence of global production networks, trade statistics have became less accurate in describing the dependence of emerging Asia on external demand. This paper analyses, using an update of the Asian International Input-Output (AIO) table, the interdependence of emerging Asian...
Persistent link: https://www.econbiz.de/10012765710
This paper uses a Global Vector Auto-Regression (GVAR) model in a panel of 21 emerging market and advanced economies to investigate the factors behind the dynamics of global trade flows, with a particular view on the issue of global trade imbalances and on the conditions of their unwinding. The...
Persistent link: https://www.econbiz.de/10013039364