Showing 1 - 10 of 563
This paper provides a different basis than previous analyses for regional bloc formation and regional migration. Due to low bargaining power and fixed costs, small states face a severe disadvantage in negotiations with the rest of the world and might benefit by forming a regional bloc. The study...
Persistent link: https://www.econbiz.de/10013141777
This paper investigates the feasibility of creating a common-currency union consisting of 16 countries in Southern Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and the foreign reserves position. We also integrate...
Persistent link: https://www.econbiz.de/10013157533
America – specifically South America and Mexico (SAM) – and East Asia, over the 32 years preceding the Great Recession (1976 … (closest) North; ii) the East Asia – SAM education gap's impact equals that of trade plus governance; iii) an increase in SAM …'s ETG to East Asia's level raises TFP by over 100 percent and fully accounts for its TFP gap with East Asia; and iv) South …
Persistent link: https://www.econbiz.de/10012952607
The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...
Persistent link: https://www.econbiz.de/10013324887
to Latin America and the rest of emerging Asia (excluding China and India) GDP has not undergone any significant change … vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three …
Persistent link: https://www.econbiz.de/10013121741
We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe …
Persistent link: https://www.econbiz.de/10013104067
structure and evolution of gender differentials in China by simultaneously estimating demand-side wage and productivity outcomes …
Persistent link: https://www.econbiz.de/10013087424
economy. We test this theory by exploring within-country variation in exposure to competition from China in 13 European … exposure from China experienced a marked fall in employment, while countries with wage-coordination experienced no such …
Persistent link: https://www.econbiz.de/10012833860
to the divisive 2016 U.S. presidential election. Exploiting the exogenous component of rising import competition by China …
Persistent link: https://www.econbiz.de/10013314978
global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective …. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …'s global middle class constituted 25 percent of China's population; in absolute size it was nearly double the size of the …
Persistent link: https://www.econbiz.de/10014087986