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We study the impact of changing relative market access in an enlarged EU on the economies of incumbent Objective 1 regions. First, we track the impact of external opening on internal spatial configurations in a three-region economic geography model. External opening gives rise to potentially...
Persistent link: https://www.econbiz.de/10010295402
Differences in regulations, technical standards and national medical cultures across EU member states created a highly segmented pharmaceutical market in Europe prior to the implementation of the Single Market Programme. The subsequent reduction in non-tariff barriers to trade would be expected...
Persistent link: https://www.econbiz.de/10010290578
Differences in regulations, technical standards and national medical cultures across EU member states created a highly segmented pharmaceutical market in Europe prior to the implementation of the Single Market Programme. The subsequent reduction in non-tariff barriers to trade would be expected...
Persistent link: https://www.econbiz.de/10003564238
Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single...
Persistent link: https://www.econbiz.de/10011374388
Persistent link: https://www.econbiz.de/10010249639
European countries have been required to formulate a national preference in relation to the EU Financial Transaction Tax. The two leading approaches to explaining how the financial sector makes its views felt in the political process – the structural power of the financial services sector...
Persistent link: https://www.econbiz.de/10012944793
We examine the determinants of FDI stocks of 'old' EU-members in ten accession countries. Our partial adjustment framework results in a dynamic panel data analysis. In addition to the traditional variables, such as market potential and unit labour costs, we find institutional development to be a...
Persistent link: https://www.econbiz.de/10012733579
In 2009, Foreign Direct Investment (FDI) flows to developed countries experienced the largest decline among all regions and sub-regions. However, South, East and Southeast Asia showed the smallest decline among developing economies and remained the largest recipient of FDI inflows. Meanwhile,...
Persistent link: https://www.econbiz.de/10012891466
Offshoring of US jobs is controversial. Critics fear that offshoring will lead to lost jobs and lower domestic wages at firms that offshore relative to those that do not. This paper develops theory and provides empirical evidence that challenge this story. The theoretical framework combines...
Persistent link: https://www.econbiz.de/10012765059
In 2009, Foreign Direct Investment (FDI) flows to developed countries experienced the largest decline among all regions and sub-regions. However, South, East and Southeast Asia showed the smallest decline among developing economies and remained the largest recipient of FDI inflows. Meanwhile,...
Persistent link: https://www.econbiz.de/10012177111