Review of World Economics
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Errors-in-variables, supply side effects, and price elasticities in foreign trade
Review of World Economics - Tập 134 - Trang 612-637 - 1998
Errors-in-Variables, Supply Side Effects, and Price Elasticities in Foreign Trade.—Previous estimates of price elasticities in foreign trade are likely to be biased upward due to errors-in-variables, omission of supply side influences, aggregation, bad measurement of price competitiveness, and misspecification of the estimation equations. This paper incorporates the supply side into the traditiona......
Multinationals, competition and productivity spillovers through worker mobility
Review of World Economics - Tập 154 - Trang 401-426 - 2017
Multinational firms are believed to impact the productivity of domestic firms through worker mobility. Fosfuri et al. (J Int Econ 53:205–222, 2001) suggest that worker mobility and technological spillovers are more likely to materialize when the local and the multinational firm do not compete fiercely in the product market. We assess empirically the importance of the hypothesis by using the Finni......
The determinants of workers’ remittances: The case of Turkey
Review of World Economics - Tập 122 - Trang 728-740 - 1986
Die Bestimmungsgründe für die Heimatüberweisungen der Gastarbeiter: Der Fall der Türkei. - Dieser Aufsatz untersucht die Wirksamkeit der türkischen Politik, Gastarbeiterüberweisungen aus Deutschland in die Türkei von 1963 bis 1982 zu fördern. Das empirische Modell zeigt, da\ solche Bemühungen nicht sehr erfolgreich waren. Auch WechselkursÄnderungen (die die Absicht der Regierung widerspiegeln, Fre......
Trade policies, macroeconomic adjustment, and manufactured exports: The Latin American experience
Review of World Economics - Tập 132 - Trang 558-585 - 1996
Changes in trade policy, especially in quantitative import restrictions, have played an important role in the macroeconomic adjustment in all six countries. For long periods, trade policy tightenings and occasional liberalizations were the main instruments of balance-of-payments policy. Most tightenings were preceded by a deterioration in the current account. In several cases tight import restrict......
International firms and COVID-19: evidence from a global survey
Review of World Economics - - 2024
This paper explores how the international exposure of companies influenced their strategies in responding to the COVID-19 crisis, and the extent to which they were affected. Our conceptual framework formulates two hypotheses that can be empirically tested. First, we posit that international companies, due to their connections with domestic and foreign markets, are more vulnerable to the crisis, be......
The economics of convergence: Towards monetary union in Europe
Review of World Economics - Tập 132 - Trang 1-27 - 1996
The Economics of Convergence: Towards Monetary Union in Europe. —In this paper, the literature on monetary integration has been surveyed in order to discover the economic rationale of the Maastricht convergence requirements. The traditional theory of optimum currency areas is silent on the need for Maastricht-type convergence requirements. Similarly, the “new” view of monetary integration using cr......
Work incentives in the People’s Republic of China
Review of World Economics - Tập 112 Số 4 - Trang 767-791 - 1976
Correction to: Trade liberalization and the wage gap: the role of vertical linkages and fixed costs
Review of World Economics - Tập 154 Số 1 - Trang 117-117 - 2018
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