Dieser Beitrag untersucht die Konjunkturverläufe der Beitrittskandidaten, der EU und Deutschlands über das vergangene Jahrzehnt. Sowohl anhand von Daten zur Industrieproduktion als auch anhand von umfragebasierten Vertrauensindikatoren für die Industrie lässt sich zeigen, dass sich die...

This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical...

Dieser Beitrag untersucht die Konjunkturverläufe der Beitrittskandidaten, der EU und Deutschlands über das vergangene Jahrzehnt. Sowohl anhand von Daten zur Industrieproduktion als auch anhand von umfragebasierten Vertrauensindikatoren für die Industrie lässt sich zeigen, dass sich die...

An analysis of structural change along its main dimensions (relative goods and factor prices, shifts in sectoral output and employment shares, and the respective contributions of process and product innovation) is first presented. Next, capital mobility is introduced as well as Sinn's...

European integration brings about major impulses for structural change in industry within the enlarged European Union. Underlying paper aims at explaining trade specialization patterns of the new EU member states as suppliers on the EU 15 market. The analysis is based on the key shifts in...

This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical...

European integration brings about major impulses for structural change. Analyzing the new competitive structure of countries and industries within the enlarged European Union is a great challenge for economic research. Focusing on the four cohesion countries, Spain, Portugal, Ireland and Greece,...

EU Eastern enlargement has brought trade creation, growth and shifts in trading patterns in the context of opening up, structural change, foreign direct investment and rising domestic investment. We focus on outsourcing and changes in relative prices, RCAs, and export unit values in new EU...

We present new theoretical approaches to exchange rate determination and stock market price dynamics as well as first empirical results for selected transition countries. The exchange rate is considered as reflecting both the interest parity - with a specific formulation for exchange rate...

This paper proposes an approach for estimating the uncertainty associated with model-based macroeconomic forecasts. We argue that estimated forecast intervals should account for the uncertainty arising from selecting the specification of an empirical forecasting model from the sample data. To...