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Within and between panel cointegration in the German regional output-trade-FDI nexus
Mitze, Timo - 2010 - First version: May 2010; this version: October 2010
German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … of positive and negative effects of trade/FDI on output activity for a system of interconnected regions. …
Persistent link: https://www.econbiz.de/10011535894
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Measuring the world economy
Badinger, Harald - 2011
Over the last decades there has been a sizeable increase in trade and financial openness, triggered by current and … either directly the evolution of trade costs over time or the sensitivity of trade flows to distance in gravity models. In … their survey of the empirical trade literature, Leamer and Levinsohn (1995) conclude that the effect of distance on trade …
Persistent link: https://www.econbiz.de/10011518032
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The geography of trade relations between the EU and the ENP countries : emerging patterns and policy recommendations
Petrakos, George; Kallioras, Dimitris; Artelaris, Panagiotis - 2013
analysis of the geography of trade relations (i.e. the size, the composition and the direction of exports and imports flows …) between the EU and the ENP countries. The findings of the paper illustrate the emerging patterns of trade relations among the …
Persistent link: https://www.econbiz.de/10011575752
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Economic development of ultra small peripheral regions of West Europe : (case of Aland and Faroe islands)
Efimova, Elena G.; Kuznecova, Natalija P. - 2014
The article deals with the problem of West European and Nordic countries small economies as well as ultra-small autonomous territories of Alands and Faeroes island's development. The latter are considered as the <<competitive sub-peripheries> areas due to the special industrial organization development, stimulated by the...</<competitive>
Persistent link: https://www.econbiz.de/10011487059
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The city as a small open economy
Hartwick, John M. - 2014
We set out a small, open economy model of a city, one with local housing, government production and a non-traded good. We observe that a positive shift in labor productivity in the export sector generally results in a larger, higher-wage and more densely settled city. Production of the local...
Persistent link: https://www.econbiz.de/10011505819
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Does trade cause long-run development? : theory and evidence from countries behind the Suez channel
Gerritse, Michiel - 2015 - Preliminary
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade … liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to … size increases. As a result, increased market acces through trade liberalization can increase the demand for contract. Thus …
Persistent link: https://www.econbiz.de/10011478180
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Features of the Maritime European Clusters : ERSA - European Regional Science Association, 55th Congress, Lisbon, 25-28 August
Simões, Abel; Salvador, Regina; Soares, C. Guedes - 2015
The paper analyses the national and regional European maritime clusters according to the sea basin division proposed by the European Union Integrated Maritime Policy: Atlantic and Arctic oceans; Baltic, Black, Mediterranean and North seas. Besides the identification of all maritime sectors by...
Persistent link: https://www.econbiz.de/10011480270
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How well the balance-of- payments constraint approach explains the Portuguese growth performance : empirical evidence for the 1965-2008 period
Antunes, Micaela; Soukiazis, Elias - 2010
The present study aims to verify whether the balance-of-payments constrained growth approach is suitable for explaining the Portuguese growth performance during the last decades. For that, we adopt "Thirlwall's Law" that predicts actual growth by the ratio of the exports growth relative to the...
Persistent link: https://www.econbiz.de/10012654666
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Economic growth and the balance-of-payments constraint : the case of the Spanish regions, 1988-2008
Bajo Rubio, Oscar; Díaz Roldán, Carmen - 2010
The balance of payments can act as a constraint to the rate of growth of output, on putting a limit to the growth in the level of demand to which supply can adapt. This effect might be even stronger for regional economies, presumably more integrated among them. In this paper, we examine this...
Persistent link: https://www.econbiz.de/10012655136
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Tourism and development : a recent phenomenon built on old (institutional) roots?
Brau, Rinaldo; Di Liberto, Adriana; Pigliaru, Francesco - 2010
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10011575139