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The home market effect (HME) is commonly defined as a more than proportional supply response to a demand shock. Recent theoretical literature, however, shows that predictions from the traditional twocountry framework do not always survive in multi-country settings. This is because ‘third’...
Persistent link: https://www.econbiz.de/10003872156
The aim of this article is to investigate services sectors' concentration in the European Union based on employment data and to disentangle the sector-specific developments and influential factors over time. We find that only the financial intermediation, retail trade and water transport sectors...
Persistent link: https://www.econbiz.de/10009744592
This study empirically investigates the relevance of Traditional Trade Theory, New Trade Theory and New Economic Geography in explaining industrial and services sectors' agglomeration in the European Union. Therefore, new dynamic panel data estimation techniques will be employed. Static panel...
Persistent link: https://www.econbiz.de/10009713569
Persistent link: https://www.econbiz.de/10010249639
This paper analyzes the European integration of the Turkish industry in view of a comparative trade analysis of the Turkish economy and the EU economies. We perform a thorough depiction of the various aspects of the trade integration of Turkey, most notably in the fields of the trade patterns,...
Persistent link: https://www.econbiz.de/10013124983
This study empirically investigates the relevance of Traditional Trade Theory, New Trade Theory and New Economic Geography in explaining industrial and services sectors' agglomeration in the European Union. Therefore, new dynamic panel data estimation techniques will be employed. Static panel...
Persistent link: https://www.econbiz.de/10013096615
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity...
Persistent link: https://www.econbiz.de/10013098585
The aim of this article is to investigate services sectors' concentration in the European Union based on employment data and to disentangle the sector-specific developments and influential factors over time. We find that only the financial intermediation, retail trade and water transport sectors...
Persistent link: https://www.econbiz.de/10013081368
This paper studies whether trade integration between the EU15 and Central Europe has led to more export specialization in Central Europe. Moreover, we analyze the impact of institutional reforms in Central Europe on export specialization. The empirical analysis is set up for thirteen Central...
Persistent link: https://www.econbiz.de/10013160379
This study explores the impact of export shocks on firms and re-aggregates results to derive distributional effects on sectors and regions. In a first step, firm level data are used to assess the empirical relationship between exports and three outcome variables – labour productivity,...
Persistent link: https://www.econbiz.de/10011914632