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Based on recent approaches measuring the factor content of trade when intermediates are traded this paper provides an approach to decompose the value added and factor (capital, high, medium and low educated labour) content of trade into foreign and domestic components. This adds to the...
Persistent link: https://www.econbiz.de/10010686971
This paper aims to complement work done within the WIOD project (the ‘World Input Output Database’ project financed by the EU’s Seventh Framework Programme), which compiled supply and use tables for 40 countries, covering about 85% of the world economy. The paper describes the derivation...
Persistent link: https://www.econbiz.de/10010686972
Recent developments in economic integration show rather diverse patterns of integration into the world economy. Some countries are remaining in the low-tech industries whereas other countries succeed in becoming competitive also in high-tech industries. In this paper we postulate that...
Persistent link: https://www.econbiz.de/10010686973
In 2009, Latin America was sucked into the financial crisis which, following the bankruptcy of Lehman Brothers, echoed around the globe and shook and shocked the entire global financial system. As a consequence, Latin America experienced a slump in real GDP growth, a drop in exports and a...
Persistent link: https://www.econbiz.de/10010686974
In this paper we examine the link between international outsourcing – or offshoring – and the skill structure of labour demand for a sample of 40 countries over the period 1995 2009. The paper uses data from the recently compiled World-Input-Output-Database (WIOD) to estimate a system of...
Persistent link: https://www.econbiz.de/10010686975
Technology is a key element for long-term growth and economic development. Given the stark concentration of innovation activities in a few countries most countries have to rely on the international diffusion of newly developed technologies. Some countries may fail to successfully perform the...
Persistent link: https://www.econbiz.de/10010686976
Similar to other countries in the European periphery, Kosovo lacks competitiveness, has adopted the euro as its national currency and started an integration process with the EU. The next milestone in this process is the signing of an FTA with the EU. We simulate full trade liberalization...
Persistent link: https://www.econbiz.de/10010686977
This paper discussed two measures of value added flows between countries ‘Trade in value added’ accounts for value added of one country directly and indirectly embodied in final consumption of another country. ‘Value added in trade’ measures the value added embodied in gross trade flows....
Persistent link: https://www.econbiz.de/10010686978
A functioning Belarus-Russia-Kazakhstan Customs Union (BRK-CU) would comprise the bulk of the FSU economy and represent a significant step towards an attempted re-integration of the FSU – even more so if Ukraine were also to join. There are still important structural differences in...
Persistent link: https://www.econbiz.de/10010686979
This report describes the migration patterns of Romanian migrants in Italy before and after the accession of Romania into the European Union (EU). The findings and the main results presented throughout the report were collected by carrying out a survey in three main cities of Italy Milan, Turin...
Persistent link: https://www.econbiz.de/10010686980