Showing 1 - 10 of 43
welfare impact are determined by international and regional negotiation costs, bargaining power, accession rule, and intra …Due to low bargaining power and scarce resources, small developing states face severe disadvantages in international …-bloc migration. The main findings are: (i) bloc formation likelihood, size, and benefit increase with international negotiation costs …
Persistent link: https://www.econbiz.de/10010895315
the span between the start of trade talks and their conclusion. We use data from 88 regional trade agreements between 1988 …The Doha multilateral round of trade negotiations sponsored by the WTO has been dragging on for over a decade, with no … end in sight. In this short paper we assess empirically what determines the duration of trade negotiations, focusing on …
Persistent link: https://www.econbiz.de/10010840734
In this paper we test for financial integration among the major European Union countries using a new test, due to Snell(1996), which allows us to confirm or reject covered interest rate parity. Indeed, we offer a new distinction between strong or weak financial integrtion depending on whether or...
Persistent link: https://www.econbiz.de/10010840756
motive. Whereas there is only terms of trade effect of free capital movements across countries in the traditional of trade … disfavors the future them. In the capital-exporting country the bequest-accumulation effect and the terms of trade effect of … the bequest accumulation effect and the bequest reduction effect of the interest rate change caused by international …
Persistent link: https://www.econbiz.de/10010840769
This paper examines the economic rationales and conditions for the emer - gence of multinational enterprises (MNEs). Promoting production efficiency is not sufficient to justify the emergence of an MNE. With taxes in the model, tax authorities heavily tax an MNE’s economic activities, in which...
Persistent link: https://www.econbiz.de/10010840785
emigrants foster exports through both intensive and extensive margins at the micro-level. We show that destinations with more … world have a role to play in bridging the gap between Iranian diaspora and exporters through trade promotion exhibitions and … workshops to encourage greater trade between Iran and the rest of the world. …
Persistent link: https://www.econbiz.de/10012305852
China’s moving up the quality ladder in its clothing exports relative to the EU. While European core products in clothing … are stable over time, Chinese exports show product dynamics with exit and entry of new core products every year. …
Persistent link: https://www.econbiz.de/10010991716
This paper examines synchronization in the euro area and the role of intra-EMU trade from 1981 to 2011, focusing in … nineties across almost all countries could partially be explained by the increase in trade, which has been strengthened since … the start of the run-up to the EMU. For southern European economies, the results are mixed. We find also that trade …
Persistent link: https://www.econbiz.de/10010991717
This paper investigates the influence of immigration into Greece on the volumes of Greeces bilateral trade using a … results show that immigration had a positive impact on the volume of Greeces bilateral exports, but no effect on its bilateral … imports. This is consistent with immigration reducing transactions or trading costs on Greeces exports. …
Persistent link: https://www.econbiz.de/10009318891
’s Eastern enlargement on current and future EU member countries under pure trade integration and with migration of skilled …
Persistent link: https://www.econbiz.de/10009318905