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The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...
Persistent link: https://www.econbiz.de/10014083996
Within the migration-trade nexus literature, this paper proposes a more carefully defined measure of migration business networks, and quantifies its impact on bilateral trade. Using cross-sectional data and controlling for the overall bilateral stock of migrants, the share of migrants employed...
Persistent link: https://www.econbiz.de/10013098826
We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe – in the period 1988-2008 on German local labor markets. Using detailed administrative data, we exploit the cross-regional variation in initial industry structures and use...
Persistent link: https://www.econbiz.de/10013104067
Large wage differences between countries ("place premiums") are well documented. Theory suggests that factor price convergence should follow increased migration, capital flows, and commercial integration. All three have increased between the United States and Mexico over the last 25 years. This...
Persistent link: https://www.econbiz.de/10013016278
During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...
Persistent link: https://www.econbiz.de/10012749800
We investigate the effect of economic sanctions on trade flows in countries sharing a border with sanctioned states. According to trade models, sanctions are expected to reduce trade flows as they disrupt established trading routes and economic relationships with suppliers and customers....
Persistent link: https://www.econbiz.de/10014260611
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to … African Community (EAC) and the Southern Africa Customs Union (SACU) – suggests that deeper intra-regional, and in particular …
Persistent link: https://www.econbiz.de/10013016290
The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of...
Persistent link: https://www.econbiz.de/10012917100
empirically establishes the hypothesis that in the course of the exodus of Homo sapiens out of Africa, variation in migratory …
Persistent link: https://www.econbiz.de/10013110850
In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most … sector countries are concentrated in Western Africa (Cote d'Ivoire, Guinea, Niger, Senegal and Togo), Central Africa … (Cameroun, Republic of Congo) and Eastern Africa (Kenya, Sudan, Uganda and Tanzania), with the addition of Mauritius. Countries …
Persistent link: https://www.econbiz.de/10013112779