Showing 1 - 10 of 291
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...
Persistent link: https://www.econbiz.de/10013155467
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...
Persistent link: https://www.econbiz.de/10012863793
paper, we raise the hypothesis that soaring wages negatively affect FDI inflows to China and alter the distribution of FDI … direction of FDI inflows. By performing panel models with spatial effects for both Chinese provinces and developing ASEAN … the distribution of FDI within China. In addition, we show that the changes in China's economic strategy improve the …
Persistent link: https://www.econbiz.de/10012985666
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10013134819
evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly … – where the firms with the highest productivity engage in fdi while the least productive firms serve the home market only and … is evidence that firms with fdi are less productive than firms that export …
Persistent link: https://www.econbiz.de/10013119546
Are the wage gains from exports specific to exporting industries, or do they dissipate throughout the economy? In the language of trade theory, are the benefits from exporting industry specific or factor specific? To analyze this question, we study the case of Bangladesh. Bangladesh was the 4th...
Persistent link: https://www.econbiz.de/10014081266
This paper studies how a positive export shock - the sharp increase in garment-sector exports that began at the end of the Multifibre Arrangement (MFA) - spread through Bangladesh's labor markets. Although the end of the MFA was arguably exogenous to Bangladesh, we instrument export demand with...
Persistent link: https://www.econbiz.de/10012838506
This paper summarizes the evolution of labor markets and labor market institutions and policies in the countries of Central and Eastern Europe as well as of Central Asia over the last two decades. The main focus is on the evolution of labor market institutions, which are among candidate...
Persistent link: https://www.econbiz.de/10013121335
This paper offers a first comprehensive study of the relationship between labor market institutions and policies and labor market performance in the countries of Eastern Europe and Central Asia, which in the last two decades experienced radical economic and institutional transformations. Based...
Persistent link: https://www.econbiz.de/10013149510
This paper analyzes, using country-level panel data from transition economies and Latin America, the impact of labor market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al. (2010), the most comprehensive study to date. The data...
Persistent link: https://www.econbiz.de/10013096470