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driver of trade flows outside the euro area as compared to those within the monetary union, especially for exports, that tend … to be more sensitive to relative prices than imports. We consider various measures of competitiveness and conclude that … costs appear to contain relatively more information for trade flows, particularly for exports outside the euro area.The key …
Persistent link: https://www.econbiz.de/10012984573
This study examines the marginal effects of traditional determinants of exports and imports with a focus on the role of … harmonised competitiveness indicators (HCIs) on both exports and imports of both goods and services across individual euro area … exceptions) on exports of goods. Exports of services are sensitive to HCIs in big euro area countries and Slovakia, where exports …
Persistent link: https://www.econbiz.de/10013047096
data to examine the impact of changes in exports and imports on changes in wage differentials, ii) examine the impact of … imports according to the country of origin. Looking at the export side, we find a positive effect of exports on the industry … on the inter-industry wage differentials, while imports from high-income countries seem to have a more ambiguous impact …
Persistent link: https://www.econbiz.de/10013316034
This study examines the marginal effects of traditional determinants of exports and imports with a focus on the role of … harmonised competitiveness indicators (HCIs) on both exports and imports of both goods and services across individual euro area … exceptions) on exports of goods. Exports of services are sensitive to HCIs in big euro area countries and Slovakia, where exports …
Persistent link: https://www.econbiz.de/10011605781
-specific and country-specific determinants. We use unique quarterly panel data on the invoicing of Norwegian imports from OECD … addition, the euro as a vehicle currency has overtaken the role of the US dollar in Norwegian imports. The substantial rise in …
Persistent link: https://www.econbiz.de/10013112497
depreciations during the Asian crisis, seem to influence the degree of pass-through related to imports from emerging economies …
Persistent link: https://www.econbiz.de/10012770624
The literature shows that openness to trade improves long-term growth but also that it may increase exposure to high output volatility. In this vein, our paper investigates whether exporting and export diversification at the firm level have an effect on the output volatility of firms. We use...
Persistent link: https://www.econbiz.de/10012992414
, conventional indicators of competitiveness based on gross exports become less informative and new measures are needed. In this …
Persistent link: https://www.econbiz.de/10013072991
We provide evidence that a weak banking sector has contributed to low productivity growth following the European sovereign debt crisis. An unexpected increase in capital requirements for a subset of Portuguese banks in 2011 provides a natural experiment to study the effects of reduced bank...
Persistent link: https://www.econbiz.de/10012142072
We provide evidence that a weak banking sector has contributed to low productivity growth following the European sovereign debt crisis. An unexpected increase in capital requirements for a subset of Portuguese banks in 2011 provides a natural experiment to study the effects of reduced bank...
Persistent link: https://www.econbiz.de/10012889191