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The paper analyses the effects of international fragmentation in terms of intermediate goods trade on the dynamics of skill-specific real wage bills in manufacturing of three Central and East European countries (Hungary, Poland, the Czech Republic). Both intermediate goods exports and imports of...
Persistent link: https://www.econbiz.de/10011492205
The first objective of this paper is to present theoretical approaches to the impact of trade growth (induced by monetary integration) on business cycle synchronization which is an important factor of a country's readiness for a currency union accession. The main conclusion from the first part...
Persistent link: https://www.econbiz.de/10012026961
I use the STAN database of the OECD and different econometric methods to investigate the effects of exports towards the EU-15 on wages in the Visegrad countries (CEEC-4; Czech Republic, Hungary, Poland, and Slovakia). The results do not allow to draw any definite statements about this effect....
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This paper presents a dynamic Computable General Equilibrium (CGE) model for Poland's integration into the European Union (EU) that allows for quantification of income and welfare effects stemming from tariff reduction, border-cost reduction, reduction of technical barriers to trade and...
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