This paper explores the economic implications of the Regional Comprehensive Economic Partnership (RCEP) - Asia's largest trade agreement - on India and Sri Lanka. The findings from existing model-based studies suggest that India, as an insider economy, will potentially gain from the RCEP while...

This paper suggests a quantifiable multi-sector-multi-country economic model of goods and services production and consumption. It calibrates overall (variable and fixed) costs to market-specific sales by sector and decomposes these costs into observable and unobservable components. In an...

The authors review current developments in international trade and its prospects for the future arguing that despite the recent slowdown, trade remains an important driver of economic growth and development. Scepticism towards further trade opening needs to be addressed, notably via appropriate...

In this study we model effects on Norwegian industry and trade patterns of the recently implemented trade reforms - the WTO-agreement, the EEA-treaty, the OECD ship building reform and the EFTA fishing agreement - through changes in tariffs, NTBs, government procurement and subsidy policy as...

During the last decades Norwegian exporters have - despite various forms of exchange rate targeting - faced a rather volatile exchange rate which may have influenced their behaviour. Recently, the shift to inflation targeting and a freely floating exchange rate has brought about an even more...

A huge body of empirical and theoretical literature has emerged on the relationship between foreign exchange (FX) uncertainty and international trade. Empirical findings about the impact of FX uncertainty on trade figures are at best weak and often ambiguous with respect to its direction. Almost...

Die ökonomischen Implikationen einer verstärkten Migration deutscher Unternehmen nach Osteuropa und Asien werden derzeit intensiv diskutiert. Wichtige wirtschaftliche Akteure sind KMU des verarbeitenden Gewerbes, die zum einen Elemente komplexer Wertschöpfungsketten bilden, zum anderen...

This paper discusses the interdependencies that exist between vertically-linked industries in the (Spence-)Dixit-Stiglitz model of monopolistic competition. The main objective is to develop a concept for quantifying the magnitude of sectoral coherence in models of the New Economic Geography. It...

Die Biotechnologie, identifiziert als eine der strategischen Zukunftstechnologien, ist gekennzeichnet durch eine hohe Forschungsintensität mit breiten Anwendungsfeldern. Nach einer seit 2001 andauernden Konsolidierungsphase steht die Branche gegenwärtig vor neuen Herausforderungen: der...

This paper discusses a model of the New Economic Geography, in which the seminal core-periphery model of Krugman (1991) is extended by endogenous research activities. Beyond the common anonymous consideration of R&D expenditures within fixed costs, this model introduces vertical product...