Showing 1 - 8 of 8
The transition to a market economy and increased economic integration have fostered regional disparities in Central and Eastern European countries. This paper investigates whether and to what extent wages could act as an equilibrating mechanism in these countries by adjusting to local market...
Persistent link: https://www.econbiz.de/10010301114
Trade policy changes are likely to result in a reallocation of resources across sectors and space. Over the past two decades, Argentina, Brazil, Paraguay, and Uruguay have implemented unilateral trade liberalization programs and formed a regional bloc, Mercosur. The effects of these reforms on...
Persistent link: https://www.econbiz.de/10010301137
Economic integration leads to a reallocation of resources across sectors and space. Location patterns resulting from North-North and North-South regional trade initiatives have been documented in several studies. However, empirical evidence on South-South agreements is rather limited. In this...
Persistent link: https://www.econbiz.de/10010301175
The accession of Central European countries to the European Union implies the possibility of euro area membership once the Maastricht nominal convergence criteria will be met. This raises the question about costs and benefits of an enlarged euro area. In particular, the prospects for structural...
Persistent link: https://www.econbiz.de/10010301204
Persistent link: https://www.econbiz.de/10010301240
Trade reorientation and transition to a market economy in Central and East European countries have resulted in structural change, i.e. industrial restructuring and labor reallocation across sectors and regions. In the 1990s, many transition countries have experienced considerable decline in...
Persistent link: https://www.econbiz.de/10010301282
Persistent link: https://www.econbiz.de/10010301288
Since 1990, Central and East European economies have experienced increasing integration with the European Union via trade and direct foreign investments. The spatial implications of this process have not been investigated in-depth so far. Have patterns of regional specialization changed over the...
Persistent link: https://www.econbiz.de/10010301300