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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 62 Num. 3, Septembre 2007
Das Parallelimportverbot Der Schweiz Aus Sicht Der Aussenhandelstheorie
This paper analyses Swiss import policy for patent-protected goods (national exhaustion) - which in comparison with other (European) countries is restrictive - from the perspective of international trade theory. Even though trade theory provides arguments against the elimination of trade barriers in multiply-regulated markets (theory of the second best), these seem to apply, if at all, to price-regulated goods in the specific case analysed in this paper. There is a danger that liberalising im...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 64 Num. 1, Mars 2009
This paper investigates the relationship between exports and overseas links using data from the UK Community Innovation Survey. Overseas vertical and horizontal links are associated with an average increase in export intensity of 74 and 156 percent for vertical and horizontal overseas links respectively. Firm size shows no significant interactions with overseas links. The data suggests that overseas links are a relatively infrequent form of conducting trade. My findings support the role of go...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 63 Num. 2, Juin 2008
This paper analyses a partial equilibrium outsourcing model with Cournot competition in intermediate good production. Final production is located in Western Europe, whereas the intermediate good can be manufactured by a Western (outsourcing) or Eastern European supplier (offshore outsourcing). The paper asks the question how changes in production costs, in particular wages, affect labor input in the two regions in the presence of Cournot competition. The main results are: higher production co...
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ITC's experience shows that women in international trade are often "social entrepreneurs", improving their lives and those of their families, employees and communities. The potential exists for many more such cases, but women entrepreneurs are often isolated in marginal economic areas such as micro and informal businesses. Many do not have the same access as their male counterparts to trade support networks, which they need to expand their businesses. They may also need different kinds of sup...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 60 Num. 4, Décembre 2005
Employment Effects of Trade in Intermediate Inputs with the Eu Member States and Asia
This paper investigates the impact of international outsourcing on total employment using two-digit manufacturing data for seven EU countries for the period of 1995-2000. Estimates using OLS first differences show that imported materials from the same industry originating from low-wage countries have a significant and negative impact on total employment. The estimates suggest that rising intermediate imports from low-wage countries may account for an approximate reduction of 0.25 percentage p...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 62 Num. 1, Mars 2007
Home Market Effects of Foreign Direct Investment: The Case of Germany
This paper provides new evidence on the impact of foreign direct investment on the labour market of home countries. It is based on a new data set on change rates of foreign direct investment and domestic employment of German multinationals. The econometric analysis suggests that public concerns about a massive exodus of jobs to low-wage countries are not well-founded. Instead, parent firm's employment significantly increases with an increase of their FDI. All in all, our results provide stron...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 62 Num. 4, Décembre 2007
What has Competition Done for Europe? An Inter-Disciplinary Answer*
In recent policy debates in Europe, the question 'what has competition done for Europe?' has been posed at the highest levels. This question merits careful reflection. Competition as it is understood by mainstream economic and legal scholars refers not to an ideology but to inter-firm rivalry in markets. Such rivalry ensures that consumers enjoy choice, low prices, and good value for money. The authors consider the historical origins and development as well as the current role and effects of ...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 64 Num. 1, Mars 2009
The study tries to answer the following questions: Will exposure to world agricultural prices generate more poverty or less? To what extent will households be affected by changes in agricultural trade polices? Do multilateral agricultural liberalization matter more than bilateral changes? Results of simulations using a computable general equilibrium (CGE) model linked to household survey data suggest that trade liberalization has only modest effects on the level of GDP, but it has a substanti...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 63 Num. 4, Décembre 2008
Prospects for Skills-Based Export Growth in a Labor-Abundant, Resource-Rich Developing Economy
In an integrated global economy, specialisation in trade is an increasingly prominent strategy. A labor-abundant, resource-rich economy like Indonesia faces stiff competition in labor-intensive manufactures; meanwhile, rapid growth in demand for resources from China and India exposes it to the 'curse' of resource wealth. This diminishes prospects for more diversified growth based on renewable resources like human capital. Using an international panel data set we explore the influence of resou...
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News and Business
Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen - Vol. 63 Num. 4, Décembre 2008
The Significance of Switzerland's Enormous Current Account Surplus
Switzerland has had a long standing surplus on its current account. But over the past 15 years that surplus has surged to levels unmatched by nearly any other OECD country at any point. This paper looks at the surplus from a balance of payments vantage point as well as from the optic of the excess of national saving over domestic investment. It then seeks possible explanations for the uptrend and assesses whether it results to any extent from market, institutional or policy failures that coul...
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