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economy. We test this theory by exploring within-country variation in exposure to competition from China in 13 European … exposure from China experienced a marked fall in employment, while countries with wage-coordination experienced no such …
Persistent link: https://www.econbiz.de/10012221759
Persistent link: https://www.econbiz.de/10012916378
China has been accused exchange rate manipulation that has caused large U.S. trade deficits, which have reduced U … imbalances are deeply deleterious to China's welfare almost make it a moral imperative for the United States to use tariffs to … force an RMB appreciation for China’s own good. The truth, however, is that: - The claim that a 40 percent appreciation of …
Persistent link: https://www.econbiz.de/10014045825
declines the most experience more severe employment losses along with larger increases in the value of imports from China and … the number of firms engaged in China-U.S. trade. These results are robust to other potential explanations of the …
Persistent link: https://www.econbiz.de/10010229883
, and domestic resource endowment of each product. Developing countries like India and China suggested a higher trade …
Persistent link: https://www.econbiz.de/10013290343
We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the European Union and evaluate the reasons for the results. We find that regions where GDP per capita is low, a high proportion of people have low education, a high proportion is...
Persistent link: https://www.econbiz.de/10011523724
The EU-Russia Partnership and Cooperation Agreement, which entered into force in 1997 foresees the possible establishment of a free trade area (FTA) between the parties. The aim of our study is to evaluate the possible economic, social and environmental impact of such a free trade agreement...
Persistent link: https://www.econbiz.de/10008656338
We suggest that bilateral gravity equations augmented by ad hoc measures of absolute supply-side country differences are misspecified. Building on Haveman and Hummels (2004), we develop and test an alternative specification rooted in incomplete specialization that views bilateral gravity...
Persistent link: https://www.econbiz.de/10009615086
In recent decades, the international division of labor expanded rapidly in course of globalization. In this context, highly developed countries specialized on (human) capital intensively manufactured goods and increasingly sourced parts and components from lowwage countries. Since this should be...
Persistent link: https://www.econbiz.de/10009126526
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it is possible to control for unobserved heterogeneity at...
Persistent link: https://www.econbiz.de/10013138239