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This study was commissioned by the European Commission, Directorate General "Enterprise and Industry" and was completed at the end of 2005. The objective was to investigate the impact of the accession of new member states on the intra-European division of labour and on global competitiveness in...
Persistent link: https://www.econbiz.de/10008791351
Trade in intermediate goods as one possible link between rising trade and foreign direct investment is examined. To explain growing intermediate goods trade, three hypotheses are brought forward: outsourcing, global sourcing and the increasing importance of MNE networks. These hypotheses are...
Persistent link: https://www.econbiz.de/10010260443
Der Globalisierungsprozess der Weltwirtschaft und seine Auswirkungen auf globale Stoffströme werden kontrovers diskutiert. Die einen sehen darin einen Wohlfahrtsgewinn für alle Volkswirtschaften, die sich der internationalen Arbeitsteilung geöffnet haben, die anderen befürchten soziale...
Persistent link: https://www.econbiz.de/10010265515
We empirically examine the heterogeneity in the effects of multiple dimensions of distance on trade across detailed product groups. Using finite mixture modeling on bilateral trade data at the 3-digit SITC level, we endogenously group product categories into an, a priori unknown, number of...
Persistent link: https://www.econbiz.de/10010326526
This study aims to evaluate, in terms of their cardinal, ordinal, and dichotomy consistency, five alternative comercial specialization indicators: a Balassa symmetric index version; a Chi-Squared Index; and the Relative Trade Advantage Index, all these three based on revealed comparative...
Persistent link: https://www.econbiz.de/10010282681
In this paper, we use the iPhone as a case to show that even high-tech products invented by United States (US) companies will not increase US exports, but on the contrary exacerbate the US trade deficit. The iPhone contributed US$1.9 billion to the US trade deficit with the People's Republic of...
Persistent link: https://www.econbiz.de/10010286165
In this study, we analyse Estonia’s position in global value chains using World Input-Output Data and firm-level data. We find that 69% of Estonia’s total exports are intermediate goods and services, exceeding the EU average (65%). Two-thirds of Estonian imports are intermediates. Our...
Persistent link: https://www.econbiz.de/10012037689