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factors of production (capital and labor). In contrast, the consequences of FDI from the capital abundant country (EU) to the … country CGE model, including the EU and the CEEC. A panel regression for both regions separately, helps to decide empirically … advantage (increase in global net trade) has contributed to a decline in the labor income shares in the EU. Additionally, those …
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We present a two-country New Open Economy Macro model of the Austrian economy within the European Union's Economic & Monetary Union (EMU). The model includes both nominal and real frictions that have proven to be important in matching business cycle facts, and that allows for an investigation of...
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EU's 2007 enlargement by Bulgaria and Romania is evaluated by applying a simple macroeconomic integration model able to … Romania spill-over to EU15, including Austria and the 10 new member states of the 2004 EU enlargement. The pattern of the … integration effects is qualitatively similar to those of EU's 2004 enlargement by 10 new member states. Bulgaria and Romania gain …
Persistent link: https://www.econbiz.de/10011347056
players in world trade – the EU and the USA – are also the busiest users of this instrument. After looking at links between … of the four most prominent trade disputes between the EU and the USA ("mini trade wars") are analyzed with GTAP5: the …
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