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Fratzscher, Marcel; Bussiere, Matthieu - 2004

No empirical evidence has yet emerged for the existence of a robust positive relationship between financial openness and economic growth. This paper argues that a key reason for the elusive evidence is the presence of a time-varying relationship between openness and growth over time: countries...

Persistent link: https://www.econbiz.de/10009639402

Chronicle of currency collapses

Bussière, Matthieu; Saxena, Sweta C.; Tovar, Camilo E. - 2010

The impact of currency collapses (i.e. large nominal depreciations or devaluations) on real output remains unsettled in the empirical macroeconomic literature. This paper provides new empirical evidence on this relationship using a dataset for 108 emerging and developing economies for the period...

Persistent link: https://www.econbiz.de/10009640314

Fiscal policy and growth

Afonso, António; Grüner, Hans Peter; Kolerus, Christina - 2010

In this paper we assess to what extent in the existence of a financial crisis, government spending can contribute to mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel analysis for a set of OECD and non-OECD countries for the...

Persistent link: https://www.econbiz.de/10009640323

Trade advantages and specialisation dynamics in acceding countries

Zaghini, Andrea - 2003

The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in 2004, by studying the dynamics of their comparative advantages over the period 1993-2000. The study finds that, although some countries are still broadly relying on natural...

Persistent link: https://www.econbiz.de/10009635952

Import prices and pricing-to-market effects in the euro area

Warmedinger, Thomas - 2004

Pricing-to-market (PTM) behaviour implies that exporters adjust their prices to the prevailing prices in their export markets. For the importing country, PTM effects can be interpreted as a measure of the stability of domestic prices against foreign price and exchange rate developments. PTM...

Persistent link: https://www.econbiz.de/10009636522

Trade with central and eastern Europe

Polgár, Éva Katalin; Wörz, Julia - 2010

This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it is possible to control for unobserved heterogeneity at...

Persistent link: https://www.econbiz.de/10009640296

Is China climbing up the quality ladder?

Pula, Gabor; Santabárbara, Daniel - 2011

There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China … imposes a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the … values reflect quality the prevailing view of the literature is that China exports low quality varieties of the same products …

Persistent link: https://www.econbiz.de/10009640686

Study of the Effects of Globalization on the Economic Viability of EU Forestry

Nilsson, Sten (contributor); … - International Institute for Applied Systems Analysis - 2007

and global competitiveness of the European Union (EU) forest sector, in particular forestry. It covers the entire EU …

Persistent link: https://www.econbiz.de/10011430627

Impacts of Climate Change on European Forests and Options for Adaptation

Marcus Lindner, Jordi Garcia-Gonzalo (contributor) - European Forest Institute (EFI); University of Natural …; … - 2008

forests in Europe and reviews options for forests and forestry to adapt to climate change. It has been commissioned by the … adaptation to environmental changes. Adaptation measures for forestry need to be planned well in advance of expected changes in …

Persistent link: https://www.econbiz.de/10011430631

Study on the Development and Marketing of Non-Market Forest Products and Services

Robert Mavsar, Sabaheta Ramčilović (contributor); … - European Forest Institute (EFIMED); University of …; … - 2008

consultation process within the EU Forestry Strategy and the report of the strategy’s implementation identify the issue of creating …

Persistent link: https://www.econbiz.de/10011433416