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This article studies the role that economic integration with the United States has played in the determination of Mexican GDP during the 1980-2000 period. The analysis is based on the estimation of long-run relationships and associated dynamics for the Mexican GDP and each one of its components...
Persistent link: https://www.econbiz.de/10005558268
Until 2000, East Asia countries have been involved in the multilateral trade system but did not participate on a large scale in regional or bilateral trade agreements, despite a real de facto economic integration through a high intra regional trade. Since 2000, these countries negotiate and...
Persistent link: https://www.econbiz.de/10005560275
El objetivo de la política económica en la última década ha sido la inserción de la economía española en el sistema económico europeo, caracterizado, en lo económico, por la apertura comercial y la competencia y, en lo social, por la existencia de un desarrollado Estado del Bienestar....
Persistent link: https://www.econbiz.de/10005560993
Although the Computable General Equilibrium (CGE) model is not a new tool for analysing policy impacts, it has not gained a wide popularity in regional applications such as rural economies yet. This study demonstrates how a regional CGE model can be applied for analysing regional impacts of...
Persistent link: https://www.econbiz.de/10005622645
The present paper studies labour migration in the enlarged EU. Adopting the Krugman’s framework of the New Economic Geography, we are able to study both the determinants of labour migration, such as market potential, wages, cost of living on one hand, and labour migration on the other hand...
Persistent link: https://www.econbiz.de/10005622652
This paper studies to what extent economic integration, or globalization, influences the accountability of politicians. Assuming that politicians are controlled by the voters through reelection rules, we analyze to what extent economic integration affects the form of those rules and the efforts...
Persistent link: https://www.econbiz.de/10005623569
The partial effect of nominal exchange rate volatility on exports from each EMU member to the rest of the EMU is estimated on annual data for 1967-97, using modern time-series methods.
Persistent link: https://www.econbiz.de/10005625499
The study offers a number of conclusions as to the relevance for southern Africa of the various regionalization models. Both theory and experience show that the trade integration model is badly equipped to be the basis for regionalization in Africa, as the production structure of most African...
Persistent link: https://www.econbiz.de/10005625518
The paper studies stabilization-coordination in Europe. Conventional models (welfare analysis and game-theoretical approach) are used to show that fiscal policy coordination may improve the welfare of countries in a symmetrical framework (identical preference).
Persistent link: https://www.econbiz.de/10005625593
This paper givers a motivation and a mothod for a fast intergration of the reforming countries of central Europe into the European union. The motivation is based on a model of self-fulfilling prophecies where the expectation of entry can trigger the coordination of expectations towards a...
Persistent link: https://www.econbiz.de/10005625602