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The general acceleration of trade globalisation over the last decade - or a growing interdependence of economies via trade, production and financial market linkages - has engendered several macroeconomic implications for the euro area. This paper focuses on assessing the key impacts on the euro...
Persistent link: https://www.econbiz.de/10013157128
largest for lower-skilled individuals. We show that domestic manufacturing employment declined much more in countries that saw … with China contributed to job loss in manufacturing, but also to substantial declines in consumer prices. However, while …
Persistent link: https://www.econbiz.de/10012745407
This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...
Persistent link: https://www.econbiz.de/10011483161
By studying the factors underlying differences in trade performance across European economies, this paper derives six different “trade models” for 22 EU-countries and explores their developmental and distributional dynamics. We first introduce a typology of trade models by clustering...
Persistent link: https://www.econbiz.de/10012221278
, the growing use of intermediates imported from China has contributed to the productivity growth within the manufacturing … capital stock, and using a different identification strategy. Furthermore, the result holds in almost all manufacturing … improvements along the supply chains of the manufacturing sector and, hence, not in the final stage of the production process …
Persistent link: https://www.econbiz.de/10013314709
This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...
Persistent link: https://www.econbiz.de/10011742945
In this paper we estimate disaggregated labour demand equations using panel data involving observations across time (1970 - 2007) for twenty-three industries across eleven euro area countries. By using the EU KLEMS database, which provides data across countries, we provide industry-by-industry...
Persistent link: https://www.econbiz.de/10010370168
In this paper we estimate disaggregated labour demand equations using panel data involving observations across time (1970-2007) for twenty-three industries across eleven Euro area countries. By using the EU KLEMS database, which provides data across countries, we provide industry-by-industry...
Persistent link: https://www.econbiz.de/10013051276
Have recent trends in globalization changed the positive link between trade openness and social insurance? The … globalization that captures the conventional view, but also shows when it will be modified: When the income effect is negative, the …
Persistent link: https://www.econbiz.de/10013249126
We investigate the effects of Chinese import competition on transitions into and out of employment using comparable worker-level data for 14 European countries. Our results indicate that, on average, Chinese imports are associated with an increased probability that employed workers become...
Persistent link: https://www.econbiz.de/10012133371