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Global economy

What are the central questions related to global economy?
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Corruption in China and Russia compared : Different legacies of central planning

During the first decade after markets became the major mechanisms of economic coordination in China and the area of the former Soviet Union (FSUA), corruption was perceived to increase in both. At the same time China experienced rapid growth while most countries in FSUA experienced steep declines. In the paper I argue that this difference is difficult to explain within an n-country, cross-section econometric framework. Instead a case-oriented approach with more institutional specification is chosen. In particular, the role of the former normative and institutional framework of central planning is explored. The paper describes some of the explanations of corruption as it occurred under central planning, including its limitations and how they may be linked to (negative or positive) growth mechanisms. In addition the posttransition data on corruption and growth are linked to major political characteristics at the point of transition.

  • International economics
  • International economics
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Publications
Report

The German ICT industry : Spatial employment and innovation patterns

This paper documents recent developments in German ICT industries. In particular we report results on spatial patterns in innovation and employment in these industries. The paper is motivated by previous studies that have found that ICT industries seem to cluster geographically and having spatially clustered growth rates. In this study, we discriminate between production of ICT devices and production of ICT services. In Germany, production of ICT devices is concentrated in clusters of innovating regions (in terms of patents). ICT service production, on the other hand, is concentrated in larger urban areas. Growth rates in ICT-related employment show different spatial patterns. The data show that negative spatial effects are present for several sectors, which might give support for the so-called backwash effect described by Gunnar Myrdal (1957). For other sectors, positive spatial spillover effects may be present. For overall economic development (in terms of gross regional product per habitant) we find weak positive growth effects ICT, but these growth effects stem more from innovation than from production or use of ICT.

  • Economic growth
  • Economic growth
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Publications
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Tackling Welfare Gaps: The East European Transition and New Patterns of Migration to Norway

The main purpose of the study is to analyse how the growing welfare gaps between Eastern and Western Europe have become a securitised issue that needs to be addressed by national, international and supranational bodies. The very existence of welfare gaps is an important migratory push-factor. This study will examine how the economic and social transition in Eastern Europe – first of all in Russia and Poland, but also in the rest of what used to be defined as Eastern Bloc1 – has contributed to the emergence of a new set of push and pull factors in the region, and as a direct result, to new patterns of emigration. The next step will be to see how these emerging migratory patterns have influenced migration trends in Norway. As Norway is often represented as the wealthiest country in Europe and a country that has successfully pursued what is often in the Central and Eastern European discourse described as ‘the third way’ of development: a country that, thanks to its revenues from oil, has managed to build a capitalism with a human face, Norway has become both a potential and actual country of migration to many of the citizens from the former Communist Bloc. Thus, this study maps both the ‘push factors’ in the area of actual and potential emigration in Eastern and Central Europe, as well as the most important ‘pull factors’ in the areas of actual and potential migration, with a focus on Central/Eastern Europe on the one hand, and Norway on the other. In this context we will look at various institutional and non-institutional strategies of eliminating the welfare gaps perceived as a major cause of migration. As migration is increasingly becoming a securitised issue, I will treat the ‘welfare gap/migration issue’ as a part of a new post-Cold War European security equation.

  • International economics
  • Europe
  • International economics
  • Europe
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Publications
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The future of Norway’s GSP system

  • Trade
  • Trade
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Publications
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Norges tollpreferanser for import fra u-land

  • Trade
  • Trade
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  • Trade
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Publications
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EUs forslag til nytt tjenestedirektiv : Samfunns- og næringsøkonomiske konsekvenser for Norge

  • International economics
  • Trade
  • The EU
  • International economics
  • Trade
  • The EU
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Publications
Report

North-South Trade and Wages with Complete Specialisation : Modifying the Stolper-Samuelson Relationship

From the Stolper-Samuelson Theorem, it is expected that North-South trade reduces the real wage of unskilled labour in the North. This paper questions the underlying assumption that trading countries are diversified, and examines theoretically the trade-wage link when the South is completely specialised. While it remains true that trade with the South negatively affects wages in the North, it is no longer the case that the poorer the trade partner is, the more harmful is trade for Northern wages. The negative wage impact is largest when the South has an intermediate capital-labour ratio, since it is then a more efficient producer. This also gives the largest aggregate welfare gains from trade in the North. The specialised South also gains from trade, and these gains are relatively larger, the more extreme is its factor composition. But even if the poorest countries gain from trade, capital accumulation may be more important for their welfare.

  • International economics
  • Trade
  • International economics
  • Trade
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Publications
Report

Uniform or Different Policies

I analyse the negotiation between two countries, or regions, that are trying to make an agreement in order to internalize externalities. Local preferences are local information, but reluctance to participate in the agreement is signaled by delay. Conditions are derived for when it is efficient to restrict the attention to policies that are uniform across regions - with and without side payments - and when it is optimal to forbid side payments in the negotiations. While policy differentiation and side payments let the policy be tailed to local conditions, they create conflicts between the regions and thus delay. If political centralization implies uniformity, as is frequently assumed in the federalism literature, the results describe when centralization outperforms decentralized cooperation. But the results also provide a foundation for this uniformity assumption and characterize when it is likely to hold.

  • Trade
  • Trade
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Publications
Report

Tollnedtrapping for industrivarer i WTO - Virkninger for Norge

Notatet diskuterer mulige virkninger av tollreduksjoner gjennom forhandlinger i WTO for eksport av norske industrivarer. Ulike forslag om tollreduksjoner, som bruken av den såkalte Girards formel diskuteres. Det vises at reduksjoner i tråd med Girards formel kan gi økt norsk eksport på i underkant av to prosent for et utvalg av land. Virkningene er ulikt fordelt over handelspartnere og sektorer. For land Norge har preferanseavtaler med gir tollreduksjoner gjennom WTO ingen økning i eksport. For andre land vil tollreduksjoner gi til dels betydelig effekt.

  • Trade
  • Foreign policy
  • Trade
  • Foreign policy
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