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, a demand shock emanated from belligerent countries and affected neutral Spain. Within Spain, labor predominantly …How does intranational factor mobility shape the welfare effects of a trade shock? I provide evidence that during WWI …
Persistent link: https://www.econbiz.de/10012653502
In this paper we present and confront the expected outcome of an increase in risk on the regional or sectoral allocation of labor force and employment. The basic frameworks are the benchmark dualistic scenarios. A single-input analysis of a homogeneous product economy is provided. Uncertainty is...
Persistent link: https://www.econbiz.de/10011873009
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 paper explores the effects of trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. We use a new quantitative spatial trade model with consumptive and productive uses of land and inputoutput linkages. Our...
Persistent link: https://www.econbiz.de/10011580527
The notion of 'polycentric city system' is currently receiving growing attention as a basic element of the 'European Spatial Policy'. From this perspective, both agglomeration and economic integration have to be reinterpreted on a wider geographical scale. This is of interest of the s.c....
Persistent link: https://www.econbiz.de/10014066531
The notion of "polycentric city system" is currently receiving growing attention as a basic element of the "European Spatial Policy". From this perspective, both agglomeration and economic integration have to be reinterpreted on a wider geographical scale. This is of interest of the s.c....
Persistent link: https://www.econbiz.de/10005612311
We study the welfare implications of a bilateral free trade agreement. The model is based on the recent trade literature that considers search and matching frictions in the labor market. We extend the model by incorporating country-level heterogeneity in terms of production technology,...
Persistent link: https://www.econbiz.de/10012959257
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/10011615844
This paper contributes to the empirical literature by providing a quantitative measurement of the influence of regional trade integration on productivity. For this purpose we address the link between trade and productivity thanks to knowledge spillovers in a multi-country model. The...
Persistent link: https://www.econbiz.de/10010366570
Economic integration affects economic development through two main channels: growth and localization of the economic activities. The theories of endogenous growth and economic geography enable us to understand these mechanisms. We study in this paper their similarities and specificities before...
Persistent link: https://www.econbiz.de/10010366571