Showing 1 - 10 of 277
This study identifies income convergence in Europe over 1960 to 2012. The Great Recession since 2008 reversed the GDP per capita convergence in the EU-15, but the extransition countries have mostly continued to catch up. We found this by analysing the Sigma convergence of GDP per capita in the...
Persistent link: https://www.econbiz.de/10010991732
Recent research has emphasised the role of trade in productivity growth. The purpose of the present paper is to … imports and productivity growth. We focus on the European Union and find intra-union imports to have more of an effect on … total factor productivity growth than imports from the outside of the EU, even if only developed nonmember countries are …
Persistent link: https://www.econbiz.de/10010840746
This paper investigates the novel development of machinery trade pattern in the Central and Eastern Europe (CEE) and analyzes the extent and depth of production networks in Europe from the perspective of their links with East Asia during the past 15 years, 1995~2010. Our descriptive analysis...
Persistent link: https://www.econbiz.de/10010840848
We consider the impact of preferential trade agreements (PTAs) on horizontal foreign direct investment (FDI) coming from parent countries outside the PTA. While easier access to a larger market due to a PTA may justify new FDI, preexisting investments may be rationalized as firms concentrate...
Persistent link: https://www.econbiz.de/10010840724
In this paper, advanced economies are aggregated into ‘North’ whereas ‘South’ comprises the less advanced ones. Trade induced technology diffusion is source of enriched technological contents. We also consider two scenarios: (i—“hub and spokes [HAS]”) the North establishes separate...
Persistent link: https://www.econbiz.de/10009393864
economic growth is due to relative tradable productivity gains which cause rising relative non-traded prices. The puzzle is … that, while evidence on China’s productivity and prices supports this hypothesis, its real exchange rate showed no tendency … with WTO accession trade reforms, have more than offset the Balassa-Samuelson productivity effects. …
Persistent link: https://www.econbiz.de/10009415579
decline of prices from increased production. Agricultural productivity growth, however, is necessary for low-income countries … to take advantage of South Africa’s growth. The largest benefits for low-income countries result from rising productivity …
Persistent link: https://www.econbiz.de/10009391435
economists have measured extensively the extent to which productivity gains are transmitted across countries in the North … the importance that this source of productivity represents for countries in the South. This paper seeks to fill this gap …
Persistent link: https://www.econbiz.de/10010840761
This paper empirically examines the relationship between Foreign Direct Investment (FDI) and economic growth conducting a panel data analysis for a period of 20 years (1989~2008) in three different country groups: European Union member-countries, European Monetary Union member-countries, and...
Persistent link: https://www.econbiz.de/10010895309
integration through the effects on firm level productivity in Africa. We suggest that in the future, further growth analytical …
Persistent link: https://www.econbiz.de/10009421178