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Well-functioning institutions, both formal (i.e. rule of law) and informal (i.e. trust), facilitate economic exchange. To investigate the nature of the relationship between formal and informal institutions, we analyze bilateral trade patterns in a sample of 16 European countries between...
Persistent link: https://www.econbiz.de/10011209595
Persistent link: https://www.econbiz.de/10005361104
By freeing Europe's regional and international trade from tariffs and other trade barriers, the General Agreement on … Tariffs and Trade (GATT) has often been hailed as a key factor in promoting the post-war economic recovery in Western Europe … the GATT in supporting economic recovery in Western Europe in the decade after 1947. The formation of the GATT by itself …
Persistent link: https://www.econbiz.de/10005368148
In 2003 the Restriction of Hazardous Substances (RoHS) was established in the EU, which limited the trade of machinery, electrical and electronic equipment that have at least one of the substances considered hazardous under RoHS directive. Since countries trading with the EU must comply with...
Persistent link: https://www.econbiz.de/10010547636
regulation national market system (Reg NMS) affect the competition for order flow among trading venues in, respectively, Europe …
Persistent link: https://www.econbiz.de/10009395134
European specialization evolve in such environment? Europe turns out to have strengthened its tertiary specialization while …
Persistent link: https://www.econbiz.de/10010606876
This paper focuses on EU chemical regulations, RoHS and REACH, and shows these EU regulations have driven Asian countries to introduce regulations that are similar yet modified versions to the EU regulations. Asia as the world manufacturing center has extensive production networks where parts...
Persistent link: https://www.econbiz.de/10010757631
In Irish manufacturing, the foreign sector accounts for about one half of employment and some 60 per cent of gross output. The Irish experience therefore provides us with a textbook case study of the effects on an EU host economy of export-oriented FDI. We explore in this paper the structural...
Persistent link: https://www.econbiz.de/10005783292
The emergence of service offshoring places competitiveness at the centre of the discussion on international trade. The role of cost related factors driving trade performances is debated. However, although services trade becomes more dynamic, service competitiveness factors remain a field largely...
Persistent link: https://www.econbiz.de/10010696662
Lack of full regional connectivity is one of the major constraints hindering regional growth and integration in Asia, as well as with the rest of the world. One of the conclusions of this paper is that Asia must strengthen its physical connectivity to make it a conduit for international trade...
Persistent link: https://www.econbiz.de/10005009914