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In this paper a New Economic Geography type wage equation is estimated for the EU-25. The determinants of manufacturing wages are shown to be sector-specific and the role of geography is limited. As a consequence, we show that the improvement of the EU's internal market and the evolution of...
Persistent link: https://www.econbiz.de/10005251977
Using a centre-two periphery new economic geography model we study the location and real wage effects of the EU’s Eastern enlargement on current and future EU member countries under pure trade integration and with migration of skilled labour. The quality of final and intermediate products...
Persistent link: https://www.econbiz.de/10009318905
Persistent link: https://www.econbiz.de/10006082165
Persistent link: https://www.econbiz.de/10008159779
Persistent link: https://www.econbiz.de/10008159780
In this paper a New Economic Geography type wage equation is estimated for the EU-25. The determinants of manufacturing wages are shown to be sector-specific and the role of geography is limited. As a consequence, we show that the improvement of the EU's internal market and the evolution of...
Persistent link: https://www.econbiz.de/10014211381
Using a centre-two periphery new economic geography model we study the location and real wage effects of the EU's Eastern enlargement on current and future EU member countries under pure trade integration and with migration of skilled labour. The quality of final and intermediate products...
Persistent link: https://www.econbiz.de/10014216301
In this paper we estimate a sectoral real wage equation for three regional blocs of the enlarged EU that we defined as North (wealthiest EU), South (Greece, Portugal and Spain) and East (acceding Central and Eastern European countries). The estimation results show that real wages react...
Persistent link: https://www.econbiz.de/10014216305
This paper builds a multi-sector, three country (centre and two peripheries), New Economic Geography model, where industrial sectors differ in the degree of scale economies and skill-intensity. The model incorporates, for the first time in this class of models, payments to the unemployed in each...
Persistent link: https://www.econbiz.de/10014216306
In this paper, we estimate a sectoral gravity model for trade within a heterogeneous trade bloc, the enlarged EU, comprised of a high-income group (wealthiest EU), a middle-income group (Greece, Portugal and Spain), and a low-income group (new Central and Eastern European member countries). The...
Persistent link: https://www.econbiz.de/10014065227