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factors of production (capital and labor). In contrast, the consequences of FDI from the capital abundant country (EU) to the … country CGE model, including the EU and the CEEC. A panel regression for both regions separately, helps to decide empirically … advantage (increase in global net trade) has contributed to a decline in the labor income shares in the EU. Additionally, those …
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Das Freihandelsabkommen zwischen der EU und Südkorea (EU-Südkorea FHA) ist das erste einer neuen Generation von FHA … Rahmen der WTO erreicht werden können. In diesem Sinne ist das EU-Südkorea FHA das umfassendste Freihandelsabkommen, das die … EU jemals verhandelt hat. Wir evaluieren die wirtschaftlichen Auswirkungen dieses Freihandelsabkommen für die EU und für …
Persistent link: https://www.econbiz.de/10011374371
EU's 2007 enlargement by Bulgaria and Romania is evaluated by applying a simple macroeconomic integration model able to … Romania spill-over to EU15, including Austria and the 10 new member states of the 2004 EU enlargement. The pattern of the … integration effects is qualitatively similar to those of EU's 2004 enlargement by 10 new member states. Bulgaria and Romania gain …
Persistent link: https://www.econbiz.de/10011347056
This paper uses fractional integration techniques to examine the stochastic behaviour of high and low stock prices in Europe and then to test for the possible existence of long-run linkages between them by looking at the range, i.e., the difference between the two logged series. Specifically,...
Persistent link: https://www.econbiz.de/10012022262
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This paper uses a modelling framework which includes two singularities (or poles) in the spectral density function, one corresponding to the long-run (zero) frequency and the other to the cyclical (non-zero) frequency. The adopted specification is very general, since it allows for fractional...
Persistent link: https://www.econbiz.de/10012123055