Showing 1 - 10 of 320
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to … African Community (EAC) and the Southern Africa Customs Union (SACU) - suggests that deeper intra-regional, and in particular … intra-industry, trade ties have contributed to the EAC's resilience to external output shocks. More broadly, intra …
Persistent link: https://www.econbiz.de/10011307406
Pareto optimum, labor mobility (social capital) is excessively large (depleted); iii) trade is superior to labor market …
Persistent link: https://www.econbiz.de/10010261794
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …
Persistent link: https://www.econbiz.de/10012141201
This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house R&D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...
Persistent link: https://www.econbiz.de/10010269270
This paper contributes to the debate on the effects of trade versus technological change on wage differentials. We … product markets have become increasingly integrated. Moreover, it can explain why the volume of trade between developed and …
Persistent link: https://www.econbiz.de/10010262449
market. We use the Colombian trade liberalization episode over the period 198491 to investigate this claim on plant … increase in foreign competition due to unilateral trade liberalization disproportionately drove discriminating plants out of … the market. Finally, we investigate whether trade liberalization affected hiring decisions (and thus gender segregation …
Persistent link: https://www.econbiz.de/10010269034
estimators and applying a battery of robustness checks. Industrialization in Africa is driven by historical legacies such as … and adoption of digital technologies are found to have an ambiguous relationship with industrialisation in Africa. The … the negative consequences of adverse geography, improve trade facilitation to exploit learning-by-exporting from intra …
Persistent link: https://www.econbiz.de/10014296787
misalignments. Intra-regional trade - both with North Africa and the rest of the continent - together with greater orientation to … stagnant export shares. The limited export competitiveness has hampered external demand, growth and employment. Applying, for … the first time to North Africa, the stock-flow approach to the real equilibrium exchange rate, this paper evaluates the …
Persistent link: https://www.econbiz.de/10010328966
misalignments. Intra-regional trade – both with North Africa and the rest of the continent – together with greater orientation to … stagnant export shares. The limited export competitiveness has hampered external demand, growth and employment. Applying, for … the first time to North Africa, the stock-flow approach to the real equilibrium exchange rate, this paper evaluates the …
Persistent link: https://www.econbiz.de/10011271994
Starting from Professor Kornai's assertion about the necessity to focus on the long-term perspectives of the transformation process, we analyze in this paper the Lisbon performance of the countries of the European Union from such a long-term, structural perspective. We present in a simple form...
Persistent link: https://www.econbiz.de/10010268253