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What determines a country's ability to compete in international markets? What fosters the global competitiveness of its firms? And in the European context, have key elements of the EU strategy such as EMU and enlargement helped or hindered domestic firms' competitiveness in local and global...
Persistent link: https://www.econbiz.de/10013316662
We incorporate the now standard knowledge-capital model of multinational firms in a new economic geography setting. The …
Persistent link: https://www.econbiz.de/10013318618
We use a quantitative model to study the implications of European integration for welfare and migration flows across 1,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on average, depending on the presumed trade...
Persistent link: https://www.econbiz.de/10011587896
This is the first study that attempts to assess the regional economic impacts of the European Institute of Innovation and Technology (EIT) investments in a spatially explicit macroeconomic model, which allows us to take into account all key direct, indirect and spatial spillover effects of EIT...
Persistent link: https://www.econbiz.de/10012137945
The Regional Trade Flows and Input output Data for Europe are constructed at the regional NUTS2 level with sectoral NACE2 detail and developed for spatial macroeconomic modelling and social-economic analysis for answering a wide-range of policy questions, including policies related to...
Persistent link: https://www.econbiz.de/10012137993
imperfect labor mobility in an economic geography model, I show that external demand shocks can improve allocative efficiency …
Persistent link: https://www.econbiz.de/10012544292
This paper develops a quantitative spatial general equilibrium model for the German economy to address two issues. First, we explore the role of commuting for local labor markets and their capacity to absorb productivity shocks. Second, we address the role of housing markets for quantitative...
Persistent link: https://www.econbiz.de/10012597696
This paper uses the quantitative spatial model with heterogeneous locations linked by costly goods trade, migration and commuting developed in Monte et al. (2018) to address the workings of local labor markets in Germany. One key contribution concerns the analysis of the role of the expenditure...
Persistent link: https://www.econbiz.de/10011996456
found in the new Keynesian literature. From these we develop a model of new economic geography with a variable elasticity of …
Persistent link: https://www.econbiz.de/10011003403
competitiveness which, insofar it is inferred from actual trade ows, we refer to as 'revealed marginal costs' (RMC). Although, in line …
Persistent link: https://www.econbiz.de/10011277149