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The economic borders in the age of globalization
Soproni, Luminita - Volkswirtschaftliche Fakultät, … - 2013
The importance of the economic borders of the nations is diminishing continuously, and this phenomenon is strongly … linked to regionalization and globalization. We consider that the starting point of the idea that economic borders … borders have acquired a dynamic meaning, exceeding its condition of a past world, little interconnected. …
Persistent link: https://www.econbiz.de/10011259737
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Characterizing regionalism in Asia: A modern global supply chain perspective
Wei, Shang-Jin; Yu, Xinding - 2022
This paper employs a modern global value chain (GVC) decomposition framework to quantify economic interdependence among Asian economies and between Asia and the rest of the world. It pays special attention to the value-added relationships among three sets of economies: those belonging to both...
Persistent link: https://www.econbiz.de/10014297974
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The European core-periphery divide: towards a new narrative
Casagrande, Sara; Dallago, Bruno - In: European Journal of Economics and Economic Policies: … 20 (2023) 1, pp. 125-147
Economic theory has recently begun to consider the economic impact of narratives. Narrative economics can also be extended to the analysis of the economic-political effect of narratives in the context of the European core-periphery divide, which intensified after the European sovereign-debt...
Persistent link: https://www.econbiz.de/10014441460
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The Euro: A "MUST" for small European states?
Ohr, Renate; Özalbayrak, Mehmet - 2012
This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself when they vastly outnumber the large countries. We...
Persistent link: https://www.econbiz.de/10010311678
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Homogeneous groups within a heterogeneous community: Evidence from an index measuring European economic integration
König, Jörg; Ohr, Renate - 2012
In the light of the current economic debt crisis within the Euro zone, the heterogeneity of EU members has becoming increasingly apparent. This heterogeneity is evident not only in some single macroeconomic variables but also in the level of economic integration with the other EU members....
Persistent link: https://www.econbiz.de/10010311680
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Small but beautiful? Economic impacts of the size of nations in the European Union
König, Jörg; Ohr, Renate - 2011
This paper highlights the economic meaning of the size of the state for members of the European Union, thereby making the economic success of EU states statistically tangible. Firstly, we show in descriptive illustrations that the theoretically expected characteristics of small countries clearly...
Persistent link: https://www.econbiz.de/10010311703
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Unionized Oligopoly, Trade Liberalization and Location Choice
Lommerud, Kjell Erik; Meland, Frode; Sørgard, Lars - 2002
In a two-country reciprocal dumping model, with one country unionized, we analyze how wage setting and firm location are influenced by trade liberalization. We show that trade liberalization can induce FDI, which is at odds with conventional theoretical wisdom and cannot happen in a...
Persistent link: https://www.econbiz.de/10010315359
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Labor Market Effects of Economic Integration - The Impact of Re-Unification in German Border Regions
Büttner, Thiess; Rincke, Johannes - 2004
The paper argues that economic integration causes problems for the labor market of high-wage countries due to cross-border labor mobility and the accompanying increase in labor supply. Empirical evidence is provided from an analysis of regional labor market effects of German re-unification. In...
Persistent link: https://www.econbiz.de/10010315823
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Economic Integration and the Transmission of Democracy
Tabellini, Marco; Magistretti, Giacomo; Magistretti, Giacomo - 2023
In this paper, we study the effects of economic integration with democracies on individuals' democratic values and on countries' institutions. We combine survey data with country level measures of democracy from 1960 to 2015, and exploit improvements in air, relative to sea, transportation to...
Persistent link: https://www.econbiz.de/10014533128
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The Pressure Is On: How Geopolitical Tensions Impact Institutional Fiscal and External Stability Responses
Afonso, António; Alves, José; Monteiro, Sofia - 2024
In this article, we study the effects of geopolitical risks and world uncertainty on time-varying fiscal and external sustainability coefficients. We use Schlicht's (2021) methodology to estimate time-varying fiscal and external sustainability coefficients for the EU for 27 economies between...
Persistent link: https://www.econbiz.de/10014534404