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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/10008659411
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/10011605290
Persistent link: https://www.econbiz.de/10003819834
Advanced industrial countries have been exhibiting a steady decline of the labor income shares in the last two decades. We explain this phenomenon by resorting to the old Stolper-Samuelson theorem. The conclusions concerning the impact of free trade on the income distribution are unambiguous in...
Persistent link: https://www.econbiz.de/10011347055
Persistent link: https://www.econbiz.de/10003989536
We discuss past performance and future challenges for the countries of Central and Eastern Europe (CEE). We highlight the successful convergence process of those countries, not least thanks to their integration into European and global value chains. As the external environment changes, so...
Persistent link: https://www.econbiz.de/10014555560
The paper assesses the heterogeneity of an enlarged European Union and discusses the role and contribution of CEECs on the development of this heterogeneity over time. The two central research questions are: What are the factors that distinguish between successful and less successful CEE...
Persistent link: https://www.econbiz.de/10010430071
Since its foundation, the European Union contributed to the advancement of peace and reconciliation, democracy and prosperity in Europe. This process over the years has been followed by several challenges. This research observes the challenges and prospects of European integration for the...
Persistent link: https://www.econbiz.de/10011588165
The aim of the article is to verify the convergence process of the Central and Eastern Europe (CEE) (CEE10) countries towards Western European countries (EU15) in years 1995-2016. Additionally, the paper aims to show the interaction between economic integration and convergence as well as...
Persistent link: https://www.econbiz.de/10012021613
The paper considers the state of the ENP policy in the framework of the present institutional impasse of the EU. Even if the Lisbon Treaty enters in force, an acceptable functioning of a EU with 27 members can hardly be compatible with the permanence of the unanimity vote for the most important...
Persistent link: https://www.econbiz.de/10013158992