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The paper considers whether Sweden should join the EMU as based on general equilibrium (GE) effects through reduced … estimated in the paper, and the estimates of trade barriers linked to EMU reached in the literature. First, we present an … Swedish entrance into EMU. The effects are quite clearly in favour of EMU enlargement, and do not indicate a trade diver …
Persistent link: https://www.econbiz.de/10010326906
The paper considers whether Sweden should join the EMU as based on general equilibrium (GE) effects through reduced … effects reveals that there is a substantial uncer-tainty related to the effects of such a change in policies. -- EMU ; Sweden … estimated in the paper, and the estimates of trade barriers linked to EMU reached in the literature. First, we present an …
Persistent link: https://www.econbiz.de/10008938626
into EMU. …
Persistent link: https://www.econbiz.de/10010284955
This paper presents an alternative derivation of the gravity equation for foreign trade, which is explicitly based on monopolistic competition in the export markets and which is more general than previously seen in the literature. In contrast with the usual specification, our model allows for...
Persistent link: https://www.econbiz.de/10005427403
Persistent link: https://www.econbiz.de/10005700254
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...
Persistent link: https://www.econbiz.de/10011450770
The paper provides a means of estimating, with a given parameter of conjectural variation, international trade barriers under imperfect competition from data on market shares of different countries and producers in various markets, number of exporting firms and elasticities of demand. The method...
Persistent link: https://www.econbiz.de/10010685039
Firm size follows Zipf's Law, a very fat-tailed distribution that implies a few large firms account for a disproportionate share of overall economic activity. This distribution of firm size is crucial for evaluating the welfare impact of macroeconomic policies such as barriers to entry or trade...
Persistent link: https://www.econbiz.de/10004981882
The paper provides a means of estimating, with a given parameter of conjectural variation, international trade barriers under imperfect competition from data on market shares of different countries and producers in various markets, number of exporting firms and elasticities of demand. The method...
Persistent link: https://www.econbiz.de/10010334905
Multinational enterprises (MNEs) are increasingly dealing with challenges shaped by the new geopolitical and trade environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of technical barriers to trade (TBTs) and sanitary...
Persistent link: https://www.econbiz.de/10014450560