Several researchers looking at the development of international export specialisation patterns have shown that there is a weak tendency for OECD countries to exhibit decreased levels of specialisation. This finding is in contrast to findings made by other authors, who found increasing...

Unfavourable changes in the industry composition of employment over the last two decades has been suggested as a reason for structural unemployment and declining labour force participation of older males in Australia. In this paper, the author explores this proposition by analysing employment...

The aim of this article is to provide additional evidence on the fulfilment of the Purchasing Power Parity hypothesis in the so-called Mediterranean countries. In order to test for the empirical validity of such hypothesis, we have applied two types of unit root tests. The first group is due to...

In this paper the term ‘globalisation’ means the international integration of nationally organised markets in conjunction with increasing cross-country flows of factors of production. According to this globalisation has been under way for centuries. Globalisation is not a completely...

This paper presents the application of the sensitivity analysis techniques Design of Experiments (DOE) and metamodelling to the agent-based model AgriPoliS, which is a spatial and dynamic simulation model of regional structural change. DOE and metamodelling provide a more systematic analysis of...

China's economic reforms, which began in 1978, resulted in remarkable income growth, and urban Chinese consumers have responded by dramatically increasing their consumption of meat, other livestock products, and fruits and by decreasing consumption of grain-based foods. Economic prosperity, a...

Earlier studies have investigated the hollowing-out phenomenon of the Chicago economy, in which the manufacturing sectors in Chicago have decreased their intermediate dependency within the region while the service sectors have increased their dependency. In this paper, a series of annual...

This paper uses a maintained hypothesis of comparative advantage based on relative factor endowments to investigate UK manufacturing trade prior to World War II. The results from several independent tests indicate that Britain exported goods intensive in the use of unskilled labour and had a...

This paper presents a non-technical introduction to the analysis of how an open economy adjusts to exogenous shocks. Three alternative models of adjustment are considered, each one appropriate to a different time horizon: the specific-factors model with transitional unemployment for the short...