Showing 1 - 10 of 100
Abstract EU integration, the process of EU enlargement and further visa liberalisation have encouraged increased population movements across Europe, some of which have taken new forms compared to previous migration waves. In particular, some destination countries have experienced high levels of...
Persistent link: https://www.econbiz.de/10011252321
This paper examines how variable output and profit share jointly determine investment and saving, while the difference between investment and saving determines the changes in output and profit share. Analysis of the resulting pair of differential equations yields novel implications for the...
Persistent link: https://www.econbiz.de/10005321914
We develop a mixed complementarity programming (MCP) based estimating framework for non-tariff barriers (NTBs) to examine the evolution of market access conditions in the textile and clothing sectors, working with a panel of bilateral trade data on textile and clothing trade, underlying...
Persistent link: https://www.econbiz.de/10005321915
Growth of aggregate demand at any given private saving rate depends on growth of private investment, export surplus and budget deficit. Slower growth of private investment in the mid-1970s has triggered stagnation trends in Europe's developed economies, caused mainly by inadequate aggregate...
Persistent link: https://www.econbiz.de/10005321916
In this paper we extend the agglomeration model of Ciccone (2002) to the level of industry. We then test this model using panel data for six sectors on regional level data for 27 EU member states. Our results for the aggregate economy confirm the estimates of Ciccone (2002). For our full sample...
Persistent link: https://www.econbiz.de/10005321917
This paper employs smooth transition models to investigate the GDP series of ten CEECs. Allowing for a transition in both trend and intercept we examine the response of GDP to reforms in CEECs. Our results indicate that in only a small of number of countries is there evidence to suggest that the...
Persistent link: https://www.econbiz.de/10005321918
In this paper we test the hypothesis that the sector bias of skill-biased technical change is important in explaining the rising relative wage of skilled workers in the manufacturing sector in three Central and Eastern European transition countries. The evidence for Hungary and Poland is...
Persistent link: https://www.econbiz.de/10005321919
This is the text of Professor Robert Feenstra's 'Global Economy Lecture' which he delivered in February 2007. It is part of a lecture series organized jointly by the Vienna Institute for International Economic Studies (wiiw) and the Austrian National Bank (OeNB). In this lecture, Professor...
Persistent link: https://www.econbiz.de/10005321920
This paper aims to identify formal and informal institutional factors in customs procedures and their impact on the performance of small and medium-sized enterprises (SMEs) involved in international trade in Kosovo based on a questionnaire conducted in 2009. The econometric findings show that...
Persistent link: https://www.econbiz.de/10009649636
A simple algebraic model of a property structure leading to Leontief's input-output scheme is developed and used to eliminate indirect ownership relations and evaluate the final distribution of national property among individual owners. A concept of transparency of an ownership structure is...
Persistent link: https://www.econbiz.de/10009649637