Showing 1 - 10 of 191
This paper studies the importance of price and cost competitiveness for intra- and extra-euro area trade flows of euro … area countries. A standard error correction framework shows that price competitiveness is a relatively more important … to be more sensitive to relative prices than imports. We consider various measures of competitiveness and conclude that …
Persistent link: https://www.econbiz.de/10012984573
export growth, export market shares, extensive and intensive margins and the dynamics in the number of joint trade links … competitiveness and the continuous deepening of already existing trade relationships, while cutthroat competition has not materialized …. While this suggests that the CESEE countries pursue a suitable export strategy, diversification of production toward …
Persistent link: https://www.econbiz.de/10011605604
In this paper, we analyse export competition between individual EU Member States and China in third-country goods … extensive margin export growth and on a Dynamic Trade Link Analysis. The latter, a newly developed tool, identifies different …
Persistent link: https://www.econbiz.de/10011605662
output volatility. In this vein, our paper investigates whether exporting and export diversification at the firm level have …, Romania, Slovakia and Slovenia over the last boom-bust cycle in 2004-2012. The results confirm that exporting is related to … large negative shocks in export markets. In contrast to the literature and empirical findings for large or advanced …
Persistent link: https://www.econbiz.de/10012992414
The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in 2004, by studying the dynamics of their comparative advantages over the period 1993-2000. The study finds that, although some countries are still broadly relying on natural...
Persistent link: https://www.econbiz.de/10011604295
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
competitiveness of Chinese products. Without a quantifiable benchmark, however, such claims are difficult to judge. This paper …
Persistent link: https://www.econbiz.de/10011604739
Although many papers have already proposed empirical models of currency crises, the timing of such crises has received relatively little attention so far. Most papers use indeed a static specification and impose the same lag structure across all explanatory variables. This, by construction,...
Persistent link: https://www.econbiz.de/10011604759
This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the so-called “Rose Effect”, while the second is the “Border Effect”. The former measures how much a country within a currency union trades more with its partners than with...
Persistent link: https://www.econbiz.de/10011604987
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/10011605290