Purpose – To analyse the contribution of firm structure (size, clustering and foreign ownership) and strategy (subsector specialization) to the financial performance Return On Assets [ROA] of almost 10,000 European textile-clothing firms. Methodology/approach – A panel regression analysis is...

The main challenges the European Single Market is facing in the 21st century result from the enlargement to Central and Eastern Europe, the EMU, and the globalization of trade and investment that has aided the rise of competitive emerging markets. This state-of-the-art book provides fresh...

1. Introduction -- 2. Networks and industrial districts -- 3. Globalization, internationalization strategy and industrial districts -- 4. The textile-clothing industry in Europe : characterization and recent evolution -- 5. Methodology of analysis : an application to the Valencia...

In this paper, we develop a new version of a theory-based gravity equation to properly account for the relative price indices initially proposed by Anderson and van Wincoop (2003). The partially time-varying character of our multilateral resistance variables overcomes the bias present in earlier...

In this paper a New Economic Geography type wage equation is estimated for the EU-25. The determinants of manufacturing wages are shown to be sector-specific and the role of geography is limited. As a consequence, we show that the improvement of the EU's internal market and the evolution of...

Using a centre-two periphery new economic geography model we study the location and real wage effects of the EU's Eastern enlargement on current and future EU member countries under pure trade integration and with migration of skilled labour. The quality of final and intermediate products...

This paper reviews the neoclassical and new economic geography (NEG) theoretical frameworks used to analyze the effects of integration on trade and factor flows, and the empirical work carried out within those theoretical frameworks for the European case. The European Union (EU) is of particular...