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-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady flow of workers … integration benchmark which consists of the steady state production equilibrium characterized by free trade and perfect factor … the world (EU, Latin America and Middle East). We find that, despite large differences in trade patterns, measures of …
Persistent link: https://www.econbiz.de/10011305771
-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers … integration benchmark which consists of the steady state production equilibrium characterized by free trade and perfect factor … the world (EU, Latin America and Middle East). We find that, despite large differences in trade patterns, measures of …
Persistent link: https://www.econbiz.de/10011309224
Gourinchas and Jeanne (2006) explain that the gains from capital market integration are small because the natural convergence of economies would have "done the work" of integration if it had not occurred. We provide a simple illustration of this standard theoretical argument using the simplest...
Persistent link: https://www.econbiz.de/10012969385
international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …
Persistent link: https://www.econbiz.de/10014023784
comparison regarding the extent of E.U economic integration. Yet, with low trade barriers and with productive factors at least …
Persistent link: https://www.econbiz.de/10011379627
among countries grouped with respect to their mutual trade, this paper presents evidence that per capita income convergence …
Persistent link: https://www.econbiz.de/10010251655
This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an … traditional one with physical capital, such a differential induces a relocation effect which increases with the level of trade … into play. The most significant difference between this world and the traditional one is that, at high levels of trade …
Persistent link: https://www.econbiz.de/10011438609
are influenced by trade liberalization. We show that trade liberalization can induce FDI, which is at odds with …
Persistent link: https://www.econbiz.de/10011541138
-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers … integration benchmark which consists of the steady state production equilibrium characterized by free trade and perfect factor … the world (EU, Latin America and Middle East). We find that, despite large differences in trade patterns, measures of …
Persistent link: https://www.econbiz.de/10013015347
interregional trade was strongly influenced by connectivity within the network. Today, these connectivity differentials continue to …
Persistent link: https://www.econbiz.de/10012866077