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Fragmentierung geben. Während man im Zusammenhang mit der Ausweitung des Nord-Süd-Handels von einer "horizontalen Globalisierung …" spricht, gilt Fragmentierung als Ausdruck einer Vertiefung des internationalen Handels ("vertikale Globalisierung"). Wir … dramatically the distribution of comparative advantage across the world economy and the existing terms of trade. Most likely …
Persistent link: https://www.econbiz.de/10010509348
This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number …
Persistent link: https://www.econbiz.de/10009011959
vulnerabilities to global food prices are more pregnant for Romania and Bulgaria; (iv) the difference in the transmission of world …
Persistent link: https://www.econbiz.de/10012174767
Countries pass through different stages of structural transformation. In the early stage of development, economic activity is dominated by agriculture and mining. As a country develops, firms adopt new technology and move toward industrialization and faster economic growth. Eventually, the...
Persistent link: https://www.econbiz.de/10012199154
This paper describes the main features of a measure for the specialisation in producing tradable output which is labelled tradability index. It is based on the assumption that all sectors produce goods and services that are tradable but to varying degrees. Therefore, while all sectors produce...
Persistent link: https://www.econbiz.de/10011867580
Somatic distance, or differences in physical appearance, proves to be extremely important in the gravity model of bilateral trade in conformity with results in other areas of economics and outside of it in the social sciences. This is also true quite independently of survey evidence about...
Persistent link: https://www.econbiz.de/10011847586
This paper documents the novel fact that Regional Trade Agreements (RTA) decrease bilateral trade imbalances as measured by conventional measure of the net export share in gross trade. While on average an RTA decreases bilateral trade imbalance by 7%, greater trade integration through a deeper...
Persistent link: https://www.econbiz.de/10011490953
This doctoral thesis explores the impact of socioeconomic behaviour and foreign policy changes by international law on economic growth factors. The study investigates the ways in which changes in socioeconomic behaviour and foreign policy can affect economic growth, and the role that...
Persistent link: https://www.econbiz.de/10014354885
Climate change has become a pressing issue that requires comprehensive and scientific understanding of its impact on the economy. Policymakers seek answers to the questions of how climate change affects economic growth, inflation, and the financial system. To design targeted policies, it is...
Persistent link: https://www.econbiz.de/10014355731
and losses of income associated with changes in world prices-as well as additional country-specific series, including …
Persistent link: https://www.econbiz.de/10012892923