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In this paper we study the effects of high-tech capital, foreign direct investment flows and outsourcing on demand for labour differentiated by educational attainment levels in the manufacturing industries for two groups of countries over the period 1995-2004. These two groups of countries...
Persistent link: https://www.econbiz.de/10005044994
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The impact of trade integration of Central and Eastern European economies in European markets has been studied extensively. Often these studies observe quality upgrading of CEEC exports. In this paper we consider three dimensions of quality upgrading: upgrading across industries, upgrading...
Persistent link: https://www.econbiz.de/10005184844
Recent developments in economic integration show rather diverse patterns of integration in the world economy. Some countries remain predominantly in the low-tech industries whereas other countries succeed in becoming competitive in high-tech industries as well. The authors postulate that a...
Persistent link: https://www.econbiz.de/10005679124
The issue of the impact of trade on economic performance and labour markets has been intensively discussed in recent literature on trade liberalization and globalization, where the debate was mainly about identifying the relative impact of trade and technology. The bulk of the existing...
Persistent link: https://www.econbiz.de/10005484979
The main question addressed in this study is the performance of the labour markets in the Western Balkans. The aim is to find out whether they can deliver growth of employment and decline of unemployment in the medium run and whether they can withstand short-term shocks due to changes in demand...
Persistent link: https://www.econbiz.de/10005695390
The transport equipment industry is nowadays amongst the most important manufacturing industries, responsible for a large share of production, exports and R&D in Central and Eastern European countries, particularly the Czech Republic, Slovakia and Hungary. This success is due to the fact that...
Persistent link: https://www.econbiz.de/10010791428
In a seminal paper on Marxian business cycle theory, Goodwin (1967) presented a model which assumed that a higher wage share leads to lower investment and thus a general economic slowdown. In contrast Kalecki (1971) was arguing that a higher wage share would have an expansionary effect because...
Persistent link: https://www.econbiz.de/10010797021
This letter provides an approach to decompose the value added content of trade into foreign and domestic components when intermediates are traded. The measure adds to the existing literature by considering both exports and imports simultaneously. In this way this approach generalizes the...
Persistent link: https://www.econbiz.de/10010678821