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Differences in growth, productivity and inflation levels are going to be a prominent feature of the future of EMU, as the convergence process is still ongoing in the new Member States. This convergence process can be described by the Balassa-Samuelson proposition, which states that faster growth...
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the European Union (EU). CE Marking, Product Standards and World Trade is one of the first books to analyze the nature and …
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This paper examines empirically two distinguishing aspects of the world's wine regions: their degree of specialization …, that together account for all but one-eighth of the world's winegrapes, are included in the analysis. The data refer to … production of different varieties around the world …
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Theoretical literature states that intra-industry trade (IIT) should be divided into horizontal and vertical flows (or trade in products with homogeneous and heterogeneous quality) that are influenced by different factors. Yet, the economists are still not sure about the proportion between...
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