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investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU … integration of the Latvian economy into EU, is developed. In the model international financial flows connected with Latvia and EU … integration in the EU, but on its basis it is possible to create models of regional cohesion in Europe. …
Persistent link: https://www.econbiz.de/10009367975
In this paper, we analyse the relationship between international trade and economic growth in an unbalanced panel of 20 European countries in a long-term perspective, since the mid-19th century to present days, differentiating between the periods before and after the start of the Second World...
Persistent link: https://www.econbiz.de/10014445938
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10005670485
We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and...
Persistent link: https://www.econbiz.de/10010745276
Ukraine's choice of European association and Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU over …
Persistent link: https://www.econbiz.de/10012993894
We document two novel stylized facts on European integration and cohesion. First, we show that the interregional income distribution, measured as GDP per capita at the NUTS-3 level, is bimodal for all considered years. Second, we demonstrate that this mixture of two log-normal distributions...
Persistent link: https://www.econbiz.de/10013256531
The development of pre-industrial Europe was driven by the expansion of trade. This paper describes the patterns of trade and shows how they can be understood in terms of differences in trading costs. It discusses how the different levels of trade?from local to transoceanic-contributed, both...
Persistent link: https://www.econbiz.de/10014138694
Against a theoretical background which recognizes the gains from trade liberalization, this paper asks whether, and if so to what extent, economic integration as directly measured through vertically integrated value-added has increased or reduced convergence among European industries and related...
Persistent link: https://www.econbiz.de/10014289252
We analyze the effect of the business cycle on price dispersion in Europe. Five decades of price level dispersion data for Europe enable us to distinguish short-term influences from long-term influences like market integration. We find that at the business cycle frequency, price dispersion...
Persistent link: https://www.econbiz.de/10013119066
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011308548