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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
Firms cluster their economic activities to exploit technological and informational spillovers from other firms. Spillovers through the entry of multinational firms can be particularly beneficial to domestic firms because of their technological superiority. Yet, the importance of foreign firm's...
Persistent link: https://www.econbiz.de/10003435600
Firms may benefit from proximity to each other due to the existence of several externalities. The productivity premia of firms located in agglomerated regions an be attributed to savings and gains from external economies. However, the capacity to absorb information may depend on activities of...
Persistent link: https://www.econbiz.de/10003919704
This paper studies the effect of sharing a common native language on international trade. Switzerland hosts three major native language groups which adjoin countries sharing the same native majority languages. In regions close to the internal language border the alternate major language is...
Persistent link: https://www.econbiz.de/10010497513
This paper examines the impact of macroeconomics variables, productivity, and geographical status on the Colombian industrial exportations during the period 1977-2002. We use data drawn from Encuesta Nacional Manufacturera and the Comercio Exterior collected by the DANE (National Statitistics...
Persistent link: https://www.econbiz.de/10013008497
Trade between the U.S. and China is widely thought to have contributed significantly to the decline in U.S. manufacturing employment --- sometimes called the China Syndrome. Flipping the point of view, we examine the impact on China of the trade growth between 2000 and 2007: We divide China into...
Persistent link: https://www.econbiz.de/10012850219
This paper studies the effect of sharing a common native language on international trade. Switzerland hosts three major native language groups which adjoin countries sharing the same native majority languages. In regions close to the internal language border the alternate major language is...
Persistent link: https://www.econbiz.de/10013027102
This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...
Persistent link: https://www.econbiz.de/10012533891
This paper investigates the scale and drivers of cross-border real estate development in western Europe and central and eastern Europe. Placing cross-border real estate development within the framework of foreign direct investment, conceptual complexities in characterizing the notional real...
Persistent link: https://www.econbiz.de/10014146884
We investigate the impact of trade integration between Canada and the United States on the degree of industrial specialization of the Canadian regions. Trade integration is captured through the decrease of trade-weighted tariffs that was boosted by the implementation of the Canadian-U.S. Free...
Persistent link: https://www.econbiz.de/10014069860