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< Production disintegration and integration of Central Europe into global markets [An article from: International Review of Economics and Finance] > B. Kaminski,F. Ng




 price:$10.95 
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This digital document is a journal article from International Review of Economics and Finance, published by Elsevier in 2005. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
Central Europe, which includes countries that either already joined the EU or are to accede the EU in the near future, offers an interesting case to examine network trade. The accession process has been crucial to the emergence of conditions friendly to production fragmentation, i.e., well-functioning services blocs indispensable to linking production blocs and duty-free access to a Single Market. Has Central Europe become part of production and distribution networks? In order to examine this trade, we develop an eclectic approach. Using the Standard International Trade Classification, Rev. 2, we identify parts and final products falling into three networks (automotive, information technology and furniture) and calculate various indices assessing the extent to which trade is two-way and involves processing and assembly operations. The analysis provides strong empirical support to the conclusion that Central Europe has become integrated into global, mostly EU-based networks of production and distribution. Network-related trade has experienced a very strong growth and undergone three important changes: processing and increased specialization in production of parts have increasingly replaced simple assembly operations; the CEEC-10 network firms, operating through mostly EU-based networks of production and distribution, have begun expanding beyond EU markets; and by 1999 CEEC-10 has moved from the status of a net importer to that of a net exporter of network products and parts. But not all countries have moved at the same pace. The largest recipients of FDI in the 1990s-Hungary, the Czech Republic and most recently Slovakia-have also experienced the fastest growth in network trade.



< Neoclassical growth and commodity trade [An article from: Review of Economic Dynamics] > A. Cunat,M. Maffezzoli




 price:$8.95 
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This digital document is a journal article from Review of Economic Dynamics, published by Elsevier in 2004. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
We construct a dynamic Heckscher-Ohlin model in which the initial distribution of production factors across economies makes factor price equalization impossible. The model produces dynamics similar to those of the neoclassical growth model. However, free trade prevents identically parameterized economies from achieving identical steady states. Although poor economies grow faster than rich economies during the transition to the steady state, the former do not catch up with the income per capita levels of the latter. A many-country version of the model exemplifies the open-economy neoclassical growth model's ability to produce interesting distribution dynamics of income per capita.



< Ciencia y tecnología.(notas breves)(TT: Sciences and technology.)(TA: brief notes)(Artículo Breve): An article from: Contenido > Erwin M,öller

 price:$5.95 
 Editorial Contenido, S.A. de C.V.(2005-07-28)
 Available for download now

This digital document is an article from Contenido, published by Editorial Contenido, S.A. de C.V. on October 1, 2001. The length of the article is 677 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title:Ciencia y tecnología.(notas breves)(TT: Sciences and technology.)(TA: brief notes)(Artículo Breve)
Author:Erwin Möller
Publication:Contenido(Magazine/Journal)
Date:October 1, 2001
Publisher:Editorial Contenido, S.A. de C.V.
Page:16

Article Type: Artículo Breve

Distributed by Thomson Gale



< Diversification cones, trade costs and factor market linkages [An article from: Journal of International Economics] > C. Xiang




 price:$10.95 
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This digital document is a journal article from Journal of International Economics, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
This paper finds non-uniform differences in the distribution functions of factor usage intensities among 10 rich OECD countries. The 10 countries form three distinct groups such that the between-group differences are more pronounced than within-group differences and capital-abundant countries are in capital-abundant groups. The estimation works even if the same industry codes represent different goods across countries in the data. The finding is consistent with the multiple-cone factor proportions theory with zero trade costs with each group being one cone. An alternative interpretation is non-zero trade costs. Both interpretations imply weak factor market linkages between the countries in different groups.



< Modelling and analysis of international recycling between developed and developing countries [An article from: Resources, Conservation&Recycling] > P.J.H. van Beukering,J.C.J.M. van den Bergh




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This digital document is a journal article from Resources, Conservation&Recycling, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
To deal with the complexity of recycling, a wide variety of models have been developed, each serving a specific purpose. Despite the current trend increasing international trade in recycling-related material flows, the international dimension of physical and economic relationships in recycling is often ignored in current models and analyses. This paper develops a formal model of an international material-product chain (MPC) that represents the mechanism behind international recycling. The attention is focused on the case of a developed and a developing country that exchange material commodities, final products and recyclable waste. Among others, the model demonstrates that taking into account environmental externalities results in higher levels of recycling. Moreover, we show that international recycling is mainly driven by regional differences in the quantity and quality of factor endowments and economic efficiency of recycling. Given that industrialised countries are relatively well endowed with recyclable waste, the recovery rate usually exceeds the utilisation rate. In developing countries, an opposite pattern is observed.



< A welfare decomposition in quasi-linear economies [An article from: Economics Letters] > T. Furusawa,H. Konishi




 price:$4.95 
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This digital document is a journal article from Economics Letters, published by Elsevier in 2004. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
We propose a decomposition of social welfare when consumers have quasi-linear utility functions under certain conditions satisfied in many models of imperfect competition. Our decomposition is useful especially when we assess the impact of trade liberalization on individual countries.



< Is free trade deflationary? [An article from: Economics Letters] > M. Kim,H. Beladi




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Description:
We estimate the relation between trade openness and price level for 62 countries. While our analysis shows a negative relation for developing countries, we obtain a positive relation for advanced economies such as the U.S., Belgium, and Ireland.



< A general equilibrium model with vertically differentiated industries, skilled labour and trade [An article from: Economic Modelling] > S. Lutz,A. Turrini




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This digital document is a journal article from Economic Modelling, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
We present a simple general equilibrium model where one industry is oligopolistic and vertically differentiated. The manufacturing of products of a higher quality requires the employment of a larger amount of skilled labour. Given an underlying skills distribution, the model determines profits, wages and aggregate income and welfare. Results show that increasing skills endowments typically benefits the whole economy due to product quality increases and quality-adjusted price decreases. When trade opening leads to exports of the quality good, aggregate welfare increases but unskilled wage earners lose. The effects of labour taxation depend crucially on the existence of trade.



< Investment in transport and communication technology in a Cournot duopoly with trade [An article from: Japan&The World Economy] > L. Lambertini,G. Rossini




 price:$8.95 
 Elsevier
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This digital document is a journal article from Japan&The World Economy, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
We investigate the role of R&D investment in transport and communication (TCRD) in a Cournot duopoly with trade. We consider countries of different size and show that the firm located in the smaller country has a higher incentive to invest than the rival in the larger country. We also prove that social incentives are aligned with private ones. As for the terms of trade, any improvement of TC technology favours the smaller country, all else equal.



< Segmented asset markets and optimal exchange rate regimes [An article from: Journal of International Economics] > A. Lahiri,R. Singh,C. Vegh




 price:$10.95 
 Elsevier
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This digital document is a journal article from Journal of International Economics, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
This paper revisits the issue of the optimal exchange rate regime in a flexible price environment. The key innovation is that we analyze this question in the context of environments where only a fraction of agents participate in asset market transactions (i.e., asset markets are segmented). Under this friction alternative exchange rate regimes have different implications for real allocations in the economy. In the context of this environment we show that flexible exchange rates are optimal under monetary shocks and fixed exchange rates are optimal under real shocks.


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