Yvonne Wolfmayr

Bio: Yvonne Wolfmayr is an academic researcher from Austrian Institute of Economic Research. The author has contributed to research in topics: Market share & Productivity. The author has an hindex of 9, co-authored 43 publications receiving 345 citations. Previous affiliations of Yvonne Wolfmayr include University of Innsbruck.

Are there border effects in the eu wage function

Abstract: We estimate a linear approximation of the market potential function for Europe as derived in geography and trade models. Using a spatial econometric estimation approach, border effectsareidentifiedbyadifferentialimpactofotherregions’purchasingpower,depending on whether two regions are located within the EU15 or outside the EU15. We find that intra-EU15 borders have an insignificant but EU15 external borders a significant effect on regional wage structures. We also illustrate the magnitude of EU external border effects. Our results imply that border effects are most pronounced for border regions of new member states, but relatively small for most regions of the EU15.

Economic Integration, Specialisation and the Location of Industries. A Survey of the Theoretical Literature

Abstract: Globalisation and the process of European integration have dramatically changed the competitive environment for European manufacturing. The literature survey gives an insight into theoretically possible impacts of these ongoing processes on industrial structures, the specialisation patterns of EU economies, the location of industrial activities within Europe and the possible emergence of core-periphery patterns.

The impact of international outsourcing on employment: empirical evidence from eu countries 1

Abstract: This paper investigates the impact of international outsourcing on total employment using twodigit 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 points in employment per year. Sample split regressions show that the impact of imported materials from low-wage countries is statistically significant in industries with low skill intensity but not in skill intensive industries such as machinery, electrical, optical and transport equipment.

Employment Effects of Outsourcing to Low Wage Countries. Empirical Evidence for EU Countries

Abstract: This paper investigates the impact of international outsourcing on total employment using twodigit manufacturing data for seven EU countries for the period of 1995-2000 As is common in other empirical work, international outsourcing is measured as imports in intermediate imports 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 025 percentage points in employment per year Sample split regressions show that the impact of imported materials from low-wage countries is statistically significant in industries with low skill intensity but not in skill intensive industries such as machinery, electrical, optical and transport equipment

Regression Diagnostics: Identifying Influential Data and Sources of Collinearity

Abstract: 1. Introduction and Overview. 2. Detecting Influential Observations and Outliers. 3. Detecting and Assessing Collinearity. 4. Applications and Remedies. 5. Research Issues and Directions for Extensions. Bibliography. Author Index. Subject Index.

The Impact of Tax Morale and Institutional Quality on the Shadow Economy

Abstract: This paper analyses how tax morale and countries' institutional quality affect the shadow economy, controlling in a multivariate analysis for a variety of potential factors. The literature strongly emphasizes the quantitative importance of these factors to understand the size and development of the shadow economy. Relatively new data sources that have become available offer an exceptional opportunity to shed more light on a topic that is attracting increasing attention. We find strong support for the assertion that a higher tax morale and a higher institutional quality lead to a smaller shadow economy.

'New' Views on the Optimum Currency Area Theory: What is EMU Telling Us?

Abstract: This paper surveys the optimum currency area (OCA) literature. It is organised into four phases: the "pioneering phase" which put forward the OCA theory and its properties, the "reconciliation phase" when its diverse facets were combined, the "reassessment phase" that led to the "new OCA theory", and the "empirical phase" during which the theory was subject to due empirical scrutiny. We make systematic reference to the European economic and monetary union (EMU) to which the OCA theory has been most frequently applied. All pioneering contributions are still relevant. Several early weaknesses have now been amended. Meanwhile, the balance of judgements has shifted in favour of currency unions. They are now deemed to generate fewer costs in terms of the loss of autonomy of domestic macroeconomic policies, and there is greater emphasis on the benefits. Looking ahead we are confronted with two distinct paradigms - specialisation versus "endogeneity of OCA".