| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8130 |
| DP8130 Globalization and Inflation in Europe | |
| Andreas Fischer; Raphael Auer; Kathrin Degen | |
| 发表日期 | 2010-12-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | What is the impact of import competition from other low-wage countries (LWCs) on inflationary pressure in Western Europe? This paper seeks to understand whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden, and the United Kingdom. In a panel covering 110 (4-digit) NACE industries from 1995 to 2008, IV estimates predict that LWC import competition is associated with strong price effects. More specifically, when Chinese exporters capture 1% of European market share, producer prices decrease about 2%. In contrast, no effect is present for import competition from low-wage countries in Central and Eastern Europe. |
| 主题 | International Macroeconomics |
| 关键词 | Comparative advantage Globalization Intra-industry trade |
| URL | https://cepr.org/publications/dp8130 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536967 |
| 推荐引用方式 GB/T 7714 | Andreas Fischer,Raphael Auer,Kathrin Degen. DP8130 Globalization and Inflation in Europe. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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