North-South Customs Unions and International Capital Mobility
نویسندگان
چکیده
منابع مشابه
Free Trade, Customs Unions, and Transfers
All countries would agree to immediate global free trade if countries were compensated for any terms-of-trade losses with transfers from countries whose terms-of-trade improve, and if customs unions were required to have no effects on non-member countries. Global free trade with transfers is in the core of a Kemp-WanGrinols customs union game. (52 words)
متن کاملFree Trade Agreements versus Customs Unions:
Overlapping bilateral free trade agreements (FTAs) are proliferating in East Asia. Quite a few economists worry about the spaghetti bowl phenomenon expected from the proliferating East Asian regional trade agreements (RTAs).The complicated web of hub-and-spoke type of FTAs can result in high costs for verifying rules of origin (RoO). As an alternative policy option to avoid the negative effect ...
متن کاملCapital mobility, labour mobility, union immobility? Trade unions facing multinationals and migration in the EU
The paper addresses the issue of East-West union co-operation in Europe, through empirical evidence from case studies of western multinationals in the Czech Republic, and a review of union activities in the UK towards Polish migrants. The former show the limits of the EWC the institution which so far has been at the vanguard of Europeanisation, but has no collective bargaining role, and does no...
متن کاملUnemployment dynamics with international capital mobility
We study the response of domestic unemployment rates to shocks in total factor productivity for economies with high capital mobility and low labour mobility. We show that high capital mobility amplifies the impact on the domestic unemployment rate of domestic fluctuations in total factor productivity, shortens the lag of the response to shocks and raises the variability of unemployment. But ave...
متن کاملInternational Capital Mobility: Evidence from Panel Data
Krol (1996) reports estimates of the saving-investment correlation, based on panel regressions, that are much lower than commonly found in the literature. This note argues that this low estimate is not related to the panel estimation technique, as Krol claims, but largely to the inclusion of Luxembourg in the sample. Panel estimation only reduces the correlation’s estimate by about 0.12. Octobe...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 1997
ISSN: 1556-5068
DOI: 10.2139/ssrn.1815970