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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
Pricing-to-market (PTM) behaviour implies that exporters adjust their prices to the prevailing prices in their export …
Persistent link: https://www.econbiz.de/10009636522
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it is possible to control for unobserved heterogeneity at...
Persistent link: https://www.econbiz.de/10009640296
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 the level of developed economies. Building on the assumption that unit … be justified by its relatively low average prices, implying that the quality of Chinese export products is relatively …
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