Papers by Michael Landesmann
Edward Elgar Publishing eBooks, Oct 28, 2016
Edward Elgar Publishing eBooks, Sep 26, 2001
RePEc: Research Papers in Economics, Nov 1, 2018
This paper investigates with a joint approach the impact of immigration and different measures of... more This paper investigates with a joint approach the impact of immigration and different measures of 'offshoring' on the labour demand and demand elasticities of native workers in four different occupational groups: managers/professionals, clerks, craft workers and manual workers. It shows that of all measures of globalisation considered immigration has the most consistent and strongest negative effect on the employment of native workers, particularly on managers/professionals, clerks and manual workers. The employment effects of offshoring differ by the measure used and are positive for craft workers but, in contrast to what is typically found in the literature, negative for the high-skilled group of managers/professionals. Furthermore, immigration and offshoring both impact on natives' labour demand elasticities but the effect differs by occupational group. Thus, while the immigration of craft workers reduces labour demand elasticities for native craft workers, the immigration of managers/professionals and clerks has the opposite effect on native workers in the same occupations. Furthermore, we test for cross effects of migration and outsourcing between the different occupational groups.
RePEc: Research Papers in Economics, Aug 1, 2016
A brainstorming meeting on Reconstruction and Regional Cooperation in the Balkans was held in Vou... more A brainstorming meeting on Reconstruction and Regional Cooperation in the Balkans was held in Vouliagmeni on 8-10 July 1999, covering the issues of security, democratisation, economic reconstruction and the role of civil society. It was attended by academics and policy makers from all the countries in the region, from a number of EU countries, from the European Commission, the USA and Russia. Based on ideas and discussions generated at this meeting, a policy paper on Balkan Reconstruction and European Integration was the product of a collaborative effort by the two LSE institutes and the wiiw. The paper was presented at a follow-up meeting on Reconstruction and Integration in Southeast Europe in Vienna on 12-13 November 1999, which focused on the economic aspects of the process of reconstruction in the Balkans. It is this policy paper that became the very first Working Paper of the wiiw Balkan Observatory Working Papers series. The Working Papers are published online at www.balkanobservatory.net, the internet portal of the wiiw Balkan Observatory. It is a portal for research and communication in relation to economic developments in Southeast Europe maintained by the wiiw since 1999. Since 2000 it also serves as a forum for the Global Development Network Southeast Europe (GDN-SEE) project, which is based on an initiative by The World Bank with financial support from the Austrian Ministry of Finance and the Oesterreichische Nationalbank. The purpose of the GDN-SEE project is the creation of research networks throughout Southeast Europe in order to enhance the economic research capacity in Southeast Europe, to build new research capacities by mobilising young researchers, to promote knowledge transfer into the region, to facilitate networking between researchers within the region, and to assist in securing knowledge transfer from researchers to policy makers. The wiiw Balkan Observatory Working Papers series is one way to achieve these objectives. The wiiw Balkan Observatory Global Development Network Southeast Europe This study has been developed in the framework of research networks initiated and monitored by wiiw under the premises of the GDN-SEE partnership. The Global Development Network, initiated by The World Bank, is a global network of research and policy institutes working together to address the problems of national and regional development. It promotes the generation of local knowledge in developing and transition countries and aims at building research capacities in the different regions.
RePEc: Research Papers in Economics, Aug 1, 2015
Berkeley Roundtable on the International Economy, May 1, 1998
RePEc: Research Papers in Economics, Mar 1, 2004
This paper develops a Schumpeterian model of international specialization and catching-up. In a p... more This paper develops a Schumpeterian model of international specialization and catching-up. In a previous version of the model we looked at the impact on international trade specialization when different patterns of technological catching-up are followed. One of these is a Gerschenkron pattern at the industrial level, where the largest initial gaps in productivity give rise to the fastest relative productivity growth rates. Depending on the productivity, wage and profits dynamic there can be 'comparative advantage switchovers' in which a catching-up economy turns its competitive advantage towards medium-to hightech areas. In this paper we follow up the impact of the unit profit or 'rent' patterns on foreign direct investment and through that on the speed of technology transfer and hence on differential productivity growth. We show that labour market dynamics, productivity catching-up and investment patterns all combine to determine the evolution of the international division of labour. We point also to the impact on labour demand and wage structures (between skilled and unskilled workers) both in the lead and the catching-up economies. The model thus contributes to the literature on globalization and labour markets.
wiiw Research Reports, 2013
Summary Impact of opening full labour market access to Bulgarians and Romanians as of 1 January 2... more Summary Impact of opening full labour market access to Bulgarians and Romanians as of 1 January 2014 the case of Austria The study analyses the migration potential and the impact on Austria’s economy that is to be expected after the lifting of access restrictions for Bulgarian and Romanian nationals as of 1 January 2014. Estimates show that in the years 2014 and 2015 net migration from the EU-2 to Austria will account for 5700 and 5300 additional migrants, respectively, solely due to the full liberalisation of the labour market. About three quarters of EU-2 migrants are expected to come from Romania. The macroeconomic impact of opening the labour market in January 2014 is being assessed by using the general equilibrium model TaxLab. Given the fact that persons with a higher educational level may work in Austria already now under certain conditions, it can be expected that after the liberalisation larger shares of persons with a lower level of education will migrate to Austria. The s...
wiiw Monthly Reports, Sep 1, 2016
RePEc: Research Papers in Economics, Jun 1, 2006
RePEc: Research Papers in Economics, Oct 1, 2014
RePEc: Research Papers in Economics, Nov 1, 2006
Updated wiiw forecasts for 2006 and 2007 (pp. 1-2) Countries covered Czech Republic, Hungary, Pol... more Updated wiiw forecasts for 2006 and 2007 (pp. 1-2) Countries covered Czech Republic, Hungary, Poland, Slovakia, Slovenia, Estonia, Latvia, Lithuania, Bulgaria, Romania, Croatia, Macedonia, Turkey, Albania, Bosnia and Herzegovina, Montenegro, Serbia, Russia, Ukraine, china Topics Macroeconomic Analysis, Forecasts and Policy Albania 1 euro (by Mario Holzner, pp. 3-5) Countries covered Albania Topics Macroeconomic Analysis, Forecasts and Policy Bosnia and Herzegovina economy improving despite politics (by Vladimir Gligorov, pp. 6-8) Countries covered Bosnia and Herzegovina Topics Macroeconomic Analysis, Forecasts and Policy Kosovo an emerging state (by Vladimir Gligorov, p. 9) Countries covered Kosovo Topics Macroeconomic Analysis, Forecasts and Policy Montenegro the first year of independence (by Vladimir Gligorov, pp. 10-11) Countries covered Montenegro Topics Macroeconomic Analysis, Forecasts and Policy Turkey back on course (economically) (by Michael Landesmann, pp. 12-14) Countries covered Turkey Topics International Trade and Competitiveness; Economic Integration Selected monthly data on the economic situation in ten transition countries, 2005-2006 (pp. 15-26) Countries covered Bulgaria, Czech Republic, Hungary, Poland, Romania, Slovakia, Slovenia, Croatia, Russia, Ukraine Guide to wiiw statistical services on Central, East and Southeast Europe, Russia and Ukraine (p. 27)
RePEc: Research Papers in Economics, 2021
Mobility in the form of permanent migration, return or out-migration can provide individuals with... more Mobility in the form of permanent migration, return or out-migration can provide individuals with gainful employment, better jobs and a higher level of earnings. But as a growing number of studies are suggesting, the gains from migration should not be strictly evaluated from the utilitarian approach but subjective well-being indicators should be taken into consideration. The purpose of this study is to test how life satisfaction during the migration experience determines the preference to stay, return or out-migrate by controlling not only for economic but also for social and subjective well-being determinants. We aim to address this analysis by combining two streams of research the one on migration and return decisions and the one on life satisfaction and subjective well-being, so as to broaden the analytical framework by adding some of the main findings from other social sciences. The results of the study confirm that, once in the destination country, migration intentions such as ...
We infer sectoral productivity from trade and production data and test the hypothesis that techno... more We infer sectoral productivity from trade and production data and test the hypothesis that technological catch-up is slower in tacit knowledge intensive sectors, operationalised by measures of complex task intensity. Furthermore, we examine whether catch-up is slower in sectors with a large skill intensity, a high degree of export sophistication and high income elasticity. Employing Comtrade and UNIDO data between 1960 and 2000 covering manufacturing sectors, we find that catch-up is slower in more tacit knowledge intensive sectors, as well as in skill intensive and export sophisticated sectors. With more recent data from 1997 to 2011 from GTAP we find instead that catch-up is faster in more tacit knowledge intensive manufacturing sectors, whereas catch-up is slower in more tacit knowledge intensive services sectors. Catch-up is consistently faster in income elastic sectors, both for manufacturing and services.
Graph of the month Selected living standard indicators, 1990, 2014 (p. 1) Understanding transitio... more Graph of the month Selected living standard indicators, 1990, 2014 (p. 1) Understanding transition (by Vladimir Gligorov; pp. 2-6) Expectations of transition and real outcomes in retrospect (by Peter Havlik; pp. 7-10) Remembering transition (by Gabor Hunya; pp. 11-13) An economist’s tale (by Michael Landesmann; pp. 14-17) Illusions lost … ? (by Leon Podkaminer; pp. 18-19) Looking at the early transition through the ‘reformer’s glasses’ (by Sandor Richter; pp. 20-22) Personal reflections on the case of Slovenia (by Hermine Vidovic; pp. 23-25) Recommended reading (p. 26) Statistical Annex Monthly and quarterly statistics for Central, East and Southeast Europe (pp. 27-48)
Cambridge University Press eBooks, Jan 28, 1996
Palgrave Macmillan UK eBooks, 1993
The purpose of this paper is to consider alternative clustering criteria, based upon different an... more The purpose of this paper is to consider alternative clustering criteria, based upon different analyses of commodity flows within the economic system. These may be used in order to group together productive activities that share a number of features distinguishing them from the remaining parts of the economic system.
Cambridge University Press eBooks, Jan 28, 1996
Edward Elgar eBooks, 2003
Structural change analysis has been a distinctive feature of economics since its formative period... more Structural change analysis has been a distinctive feature of economics since its formative period. This authoritative three-volume collection presents a comprehensive selection of the key contributions to the topic. "The Economics of Structural Change" shows the central role that compositional dynamics plays in the analysis of fluctuations, development, employment and economy-environment interactions. Volume I covers concepts and theories in the economics of structural change; Volume II includes specific contributions to structural theories of growth, cycles and technological change; and Volume III focuses on specific areas in the empirics of structural change analysis.
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Papers by Michael Landesmann