Showing 1 - 10 of 951
Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a … World Input Output Database (WIOD). We also explore the consequences of labor mobility across local labor markets in Germany …
Persistent link: https://www.econbiz.de/10013023010
The international economic debate on the Transatlantic Trade and Investment Partnership (TTIP) has focused mainly on … underestimation of deep integration projects such as TTIP. The panel data estimation of knowledge production functions for 20 EU … trade related real income gains in the context of TTIP – also contributes to new knowledge and a fortiori to higher GDP …
Persistent link: https://www.econbiz.de/10012948641
regulation to an international agent eliminates that distortion, increasing wages and aggregate welfare …
Persistent link: https://www.econbiz.de/10012965021
This study examines the effect of NAFTA, an instance of North-South trade liberalization, on returns to skill in Mexico. Mexico is abundant in low-skill workers relative to the US and Canada, and so, by the Hecksher-Ohlin-Samuelson trade model, NAFTA ought to have raised the relative earnings of...
Persistent link: https://www.econbiz.de/10013324881
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10013134819
Before the recent rebound due to the US–China trade war, tariffs on international trade were being progressively reduced over the last decades and advanced countries increasingly relied on non-tariff measures (NTMs) to protect their industries from foreign competition. In this paper, we...
Persistent link: https://www.econbiz.de/10013243093
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
We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10013324883
Today's labor-scarce economies have open trade and closed immigration policies, while a century ago they had just the opposite, open immigration and closed trade policies. Why the inverse policy correlation, and why has it persisted for almost two centuries? This paper seeks answers to this dual...
Persistent link: https://www.econbiz.de/10012754289
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10013153171