Showing 1 - 10 of 16
The purpose of this paper is to explain the relation between the Border Effect and industrial concentration. This is achieved by founding this relation on the Home Market Effect and testing the robustness of this foundation through an application to the European Single Market. A sectorial...
Persistent link: https://www.econbiz.de/10009640463
There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China imposes a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the advanced world, its export unit values are well below...
Persistent link: https://www.econbiz.de/10009640686
This paper discusses the channels between openness and productivity and trade hampering factors. The stylized facts …
Persistent link: https://www.econbiz.de/10009640174
The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in 2004, by studying the dynamics of their comparative advantages over the period 1993-2000. The study finds that, although some countries are still broadly relying on natural...
Persistent link: https://www.econbiz.de/10009635952
Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...
Persistent link: https://www.econbiz.de/10009635969
importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an …-based industries. Nevertheless, increased trade reinforces the productivity-wage link and weakens the co-movement of wages particularly …
Persistent link: https://www.econbiz.de/10009640296
We identify the effect of financial integration on international business cycle synchronization, by utilizing a confidential database on banks’ bilateral exposure and employing a country-pair panel instrumental variables approach. Countries that become more integrated over time have less...
Persistent link: https://www.econbiz.de/10009640319
Persistent link: https://www.econbiz.de/10009635931
the international transmission of productivity improvements generate the observed degree of risk-sharing: one associated …
Persistent link: https://www.econbiz.de/10009636531
firm entry and exit as well as survival analysis of new firms. Also, decompositions of productivity change into components … consisting of resource reallocation, firm entry and exit, and productivity growth within continuing firms are carried out. The … productivity compared to incumbent firms and changes in the sectoral structure of the economy. The decomposition of productivity …
Persistent link: https://www.econbiz.de/10009636560