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| Registros recuperados: 87 | |
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| Hockmann, Heinrich; Svetlov, Nikolai M.. |
| A time series model is estimated to identify the interrelation among prices on the international and the EU domestic market for butter. Although the findings were not derived from a causal model, the inspection of the data provides economically reasonable and important insights in structural relationship between international and domestic prices. The fact that international prices in the EU and Oceania are causal for each other is an indication of an integrated market. Price transmission is not perfect suggesting that competition between the EU and Oceania exists, however, but not as intense as it could be expected for a homogeneous good like butter. The estimates provide that the EU absorbs price fluctuations form the word market. Interestingly, changes... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Dairy market; International trade; Market integration; Agribusiness; Productivity Analysis; F15; Q13; Q17. |
| Ano: 2006 |
URL: http://purl.umn.edu/25439 |
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| Holmes, Mark J.. |
| This study assesses long-run real per capita output convergence among selected Latin American countries. The empirical investigation, however, is based on an alternative approach. Strong convergence is determined on the basis of the first largest principal component, based on income differences with respect to a chosen base country, being stationary. The qualitative outcome of the test is invariant to the choice of base country and, compared to alternative multivariate tests for long-run convergence, this methodology places less demands on limited data sets. Using annual data for the period 1960-2000, strong convergence is confirmed for the Central American Common Market. However, an amended version of the test confirms weaker long-run convergence in the... |
| Tipo: Journal Article |
Palavras-chave: Output convergence; Latin America; Common trends; F15; O19; O40; O54. |
| Ano: 2005 |
URL: http://purl.umn.edu/37134 |
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| Thierfelder, Karen; Robinson, Sherman. |
| There is a continuing debate about whether international trade is responsible for the observed skilled-unskilled wage gap. In this paper we present a general equilibrium trade model with differentiated goods. We begin with an analytical model and show how changes in relative factor returns can be decomposed into changes in commodity prices, changes in the trade balance, and changes in the factor endowment Then we use a computable general equilibrium (CGE) trade model calibrated to the U.S. economy in 1982 to analyze the effects of these shocks, as well as technology changes, observed in the U.S. in the 1980's. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Labor and Human Capital; F11; F14; F15. |
| Ano: 2002 |
URL: http://purl.umn.edu/16280 |
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| Paas, Tiiu. |
| The paper aims to explore international trade flows of the countries involved in the EU eastward enlargement processes - the current EU members (EU15) and the candidate countries (CC12). The empirical results of the study allow us to conclude that the behaviour of bilateral trade flows within the countries involved in EU eastward enlargement accords to the normal rules of gravitation, having statistically significant spatial biases caused by the trade relations, between the Baltic Sea Region (BSR) countries (the BSR bias), the border countries (the border bias) and the EU member and candidate countries (the East-West bias). The East-West trade relations are still rather weakly developed and there is a statistically significant difference in international... |
| Tipo: Working or Discussion Paper |
Palavras-chave: EU enlargement; The Baltic Sea Region; Integration; International trade; Gravity models; International Relations/Trade; F15; C5; R15. |
| Ano: 2003 |
URL: http://purl.umn.edu/26223 |
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| de Sousa, Jose; Disdier, Anne-Celia. |
| Using the border effect approach, our paper examines the influence of the legal framework quality of the Central and Eastern European countries on international trade. This approach offers an evaluation of the borders' impact on trade. A market is fragmented when actual trade differs from the trade that would be expected in an economy without border-related barriers. Recent findings have emphasized informal trade barriers as obstacles to trade flows (Anderson and Marcouiller, 2002; Anderson and Young, 2000; Rauch, 2001). We introduce different measures of the legal framework quality, which appears as a significant informal trade barrier. Actually, in case of conflict between two trade partners, it proves to be difficult for a given partner to get damages.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Legal framework; Border effects; Central and eastern European countries; International Relations/Trade; F12; F15; P20. |
| Ano: 2002 |
URL: http://purl.umn.edu/26300 |
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| Halmai, Peter; Elekes, Andrea. |
| This paper focuses on the basic element of the 2003 CAP reform process: on the single farm payment and its national implementation models. We examine possible economic impacts (production distorting effects, redistribution, restructuring, resource allocation and effects on land market) of the basic SFP models. In sum, we can say that the 2003 CAP reform and the new support provide an opportunity to overcome some of the difficulties the CAP faces with. However, the wide range of national diversities threatens the principle of the single market, and transparency and operation of the common market organizations. As there is a wide range of possible constructions member states can decide for, the common nature of the CAP gets more and more questionable. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: CAP reform; Decoupling; Single farm payment; Agricultural and Food Policy; Q17; Q18; F13; F15. |
| Ano: 2005 |
URL: http://purl.umn.edu/24480 |
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| Niebuhr, Annekatrin. |
| A basic result of new economic geography (NEG) models is that the proximity to consumer markets impacts wages and employment within regions. The ongoing process of European integration, being targeted on the reduction of barriers to trade and factor mobility, has presumably changed relative market access in Europe. The present paper aims at providing some evidence on spatial effects of integration released by declining border impediments and changing market potentials. The analysis departs from a three-region economic geography model. We focus on the impact of integration on European border regions and the question whether they realise above average integration benefits. The empirical analysis concerns integration effects in the EU15 regions arising from a... |
| Tipo: Working or Discussion Paper |
Palavras-chave: New economic geography; Market access; European integration; Border regions; International Relations/Trade; C21; F15; R12. |
| Ano: 2004 |
URL: http://purl.umn.edu/26196 |
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| Zhuang, Renan; Koo, Won W.. |
| It has been controversial among economists about the impacts of globalization on growth, and the debate over the issue has intensified in recent years. In this study, we employ reliable panel data and an empirical growth model derived from production theory to investigate the effects of globalization on economic growth. The estimation results strongly suggest that economic globalization has a significant positive effect on economic growth for all countries. However, China and India would gain the most, followed by developed countries, and other developing countries would gain the least. Other important determinants of economic growth include capital, human capital, and technology. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Globalization; Economic growth; Measure of Economic Globalization; International Development; F15; F43. |
| Ano: 2007 |
URL: http://purl.umn.edu/9750 |
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| Busse, Matthias; Shams, Rasul. |
| The paper evaluates the economic necessity and political incentives of a transitional fund for the East African Community (EAC). The fund has been proposed to encounter trade imbalances which may arise due to the intended customs union in East Africa. Using a disaggregated approach at the two-digit level of the Standard International Trade Classification, the paper assesses the overall impact of the EAC on trade flows. Moreover, the commodities that will be particularly affected by the customs union are identified. The results show that considerable trade effects cannot be expected, except for a very narrow range of products. The need for a transitional fund becomes less urgent from this perspective. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Customs Union; EAC; Kenya; Tanzania; Uganda; International Relations/Trade; Political Economy; F15; F17. |
| Ano: 2003 |
URL: http://purl.umn.edu/26290 |
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| Aiginger, Karl; Davies, Stephen W.. |
| Some recent studies have shown that specialisation of countries has tended to increase, while regional concentration of countries has tended to decrease. This seems to be counterintuitive at first glance. In this paper, we use the entropy index - as the indicator of structural change with the neatest aggregation properties to show how this divergence can happen. The main purpose of the paper is methodological, but we also apply the methodology to a specific case study: Manufacturing in the European Union since 1985. We confirm for this interesting period that increasing industrial specialisation has been offset by faster growth in the smaller Member States, with the net effect that industries have become somewhat less geographically concentrated. In terms... |
| Tipo: Journal Article |
Palavras-chave: Structural change; Geographical concentration; Industrial specialisation; European integration; Entropy; F02; F15; L60. |
| Ano: 2004 |
URL: http://purl.umn.edu/37627 |
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| Shams, Rasul. |
| The EAC is on the verge of establishing a customs union. But this is accompanied by fears that the Customs Union would lead to trade imbalances among the Partner States, which would create serious problems for the proper functioning of the Customs Union itself. To mitigate these problems the establishment of a transitional fund is proposed. Based on a study of the trade effects of the Customs Union it is shown that these fears are unfounded, and the establishment of a transitional fund to address imbalances therefore not necessary. Stakeholders views on the establishment of a transitional fund are also analysed to assess their influence on the integration policy in the EAC. The historical background of the fears of a customs union is described and it is... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Economic Integration; Africa; Political Economy; International Relations/Trade; Political Economy; F15; O55; P16. |
| Ano: 2003 |
URL: http://purl.umn.edu/26261 |
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| Registros recuperados: 87 | |
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