Showing 1 - 10 of 82
This paper analyses the degree to which firms expect to be able to enter new markets, to develop new products and to contend with new foreign competition after the introduction of the Euro. Panel data taken from a quarterly business survey in the service sector are used for the empirical...
Persistent link: https://www.econbiz.de/10010299664
financial crime regulation - to assess how payment disruptions impede cross-border trade. Using firm-level export data from … borrowers start to export less. This trade decline occurs on both the extensive and intensive margins and firms do not …
Persistent link: https://www.econbiz.de/10013482878
financial crime regulation) to assess how payment disruptions impede cross-border trade. Using firm-level export data from … borrowers start to export less. This trade decline occurs on both the extensive and intensive margins, and firms only partially … findings highlight an often overlooked function of global banks: providing the payment infrastructure and trade finance that …
Persistent link: https://www.econbiz.de/10014476159
This paper analyses the degree to which firms expect to be able to enter new markets, to develop new products and to contend with new foreign competition after the introduction of the Euro. Panel data taken from a quarterly business survey in the service sector are used for the empirical...
Persistent link: https://www.econbiz.de/10008567552
tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a) productivity gains via exports … that the incentive to manipulate the terms of trade strategically vanishes, (c) the welfare gain that can be achieved via a … trade-induced productivity gains into account. The USA are the only model region that gains from European optimal tariff …
Persistent link: https://www.econbiz.de/10010985698
tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a) productivity gains via exports … that the incentive to manipulate the terms of trade strategically vanishes, (c) the welfare gain that can be achieved via a … trade-induced productivity gains into account. The USA are the only model region that gains from European optimal tariff …
Persistent link: https://www.econbiz.de/10010327238
This study analyses relative sectoral specialisation of EU regions on the basis of investment and employment patterns. Controlling for heteroscedasticity and potential endogeneity in the econometric analysis, we find that relative specialisation in manufacturing sectors is higher in central...
Persistent link: https://www.econbiz.de/10010297368
This paper conducts a spatial econometric analysis of the determinants of regional specialisation patterns. Spatial autocorrelation is present, but is mostly due to spatial error autocorrelation. Spatial interaction due to economic interdependencies is only evident for some few labour-intensive...
Persistent link: https://www.econbiz.de/10010297369
Drawing on recent work on the creation and breakup of countries, this paper examines the impact of economic and political integration on the vertical government structure. It argues that by increasing the market size and the benefits from the decentralized provision of public goods, integration...
Persistent link: https://www.econbiz.de/10010297409
This paper investigates the long-term trend and the underlying determinants of public sector centralization in Germany from 1871 until today. The institutional and the quantitative review of the German history provides no conclusive evidence for a continuous process of government centralization...
Persistent link: https://www.econbiz.de/10010297454