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In this paper, we estimate the impact of increasing costs on foreign producers following a withdrawal of the United Kingdom from the European Union (popularly known as Brexit). Our predictions are based on simulations of a multicountry neoclassical growth model that includes multinational firms...
Persistent link: https://www.econbiz.de/10012960512
In this paper, we estimate the impact of increasing costs on foreign producers following a withdrawal of the United Kingdom from the European Union (popularly known as Brexit). Our predictions are based on simulations of a multicountry neoclassical growth model that includes multinational firms...
Persistent link: https://www.econbiz.de/10012455464
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This paper focuses on investment in research and development as a factor of labour productivity and economic growth … productivity (expressed in the number of hours worked) based on selected data for EU Member States in the period 1995-2013. A … development (2.85% of EU GDP) maximising productivity (per hour of work) was determined based on the examined data. In accordance …
Persistent link: https://www.econbiz.de/10012020507
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There is evidence that Europe's manufacturing activity is increasingly concentrated in a Central European (CE) core which the IMF in a recent publication also refers to as the German-Central European supply chain. This CE manufacturing core is dominated by Germany and in addition comprises...
Persistent link: https://www.econbiz.de/10011392671