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In this paper we first document the growing importance of intra-East Asian trade in parts and components and capital goods facilitated by foreign direct investment (FDI). Japanese direct investment has a stronger influence on intra-East Asian trade relative to FDI from France and Germany. It is...
Persistent link: https://www.econbiz.de/10010840855
This paper examines the qualitative impact and the degree of effectiveness of several labor market policies when domestic union’s wage response and economic integration are explicitly taken into account. The employment policies considered include payroll tax cuts, unemployment benefits cuts,...
Persistent link: https://www.econbiz.de/10009390593
This paper has two unique features: it deals with withdrawal from a customs union, which is a neglected aspect of international economic integration, and does so within a macroeconomic framework rather than standard general-partial equilibrium analysis. Withdrawal was in the British Labour...
Persistent link: https://www.econbiz.de/10009391430
The paper is confined to addressing the question of whether a relationship exists between ‘economic rights’ and ‘regional integration’; confined because the title has several manifestations and interpretations. I categorically assert that there is not: regional integration is governed by...
Persistent link: https://www.econbiz.de/10009415592