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A key aspect of understanding how regions grow is the interplay between jobs in the tradable and jobs in the non-tradable sector. Jobs in the tradable sector supply the world market and can therefore move from region to region, but every region has a local demand for non-tradable goods and the...
Persistent link: https://www.econbiz.de/10011505800
The last one and a half centuries have witnessed dramatic changes in the world economy. The service (tertiary) sector, which at the beginning of the 20th century was of little importance relative to agriculture and manufacturing, has become the dominant sector today, accounting for 80% and more...
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Fiscal devaluation works as an alternative instrument to monetary de- valuation, helping countries to regain … competitiveness in a monetary union. Focusing on a closed economy, this paper analyzes its effects in a dynamic framework. In the case …
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In this paper, we constructs a model with two-region, two sector and two types of workers. One type of workers has a comparative advantage in agricultural production and mobile between two regions, while the other type of workers has a comparative advantage in producing manufactured goods and...
Persistent link: https://www.econbiz.de/10011491205
The "Economic Zone on the West Shore of the Taiwan Strait" (WSTS) is a concept proposed by government of Fujian Province in 2004 and got the approval by the Chinese national government in 2009, and its development plan was officially published in March 2011. It is a region that cross the...
Persistent link: https://www.econbiz.de/10011507150
In previous research, we analysed the effect of technological innovation, understood as absorptive capacity, on exports by using a gravity model of trade for the year 2000 (see Márquez-Ramos and Martínez-Zarzoso, 2009). We found that the effect of technological innovation on trade varies...
Persistent link: https://www.econbiz.de/10011563511