INFER Workshops

Integration and Globalization: Challenges for Developed and Developing Countries

From: 2007-06-29 to: 2007-06-30
Place: Coimbra, Portugal

Attached files:

Workshop Objectives

This INFER workshop provides an opportunity for all those interested in International Economics to exchange ideas. Researchers, especially young researchers, are invited to submit theoretical and applied papers broadly consistent with this year’s special topic Integration and Globalization: Challenges for Developed and Developing Countries. Researchers are also encouraged to organize their own sessions.

Keynote Speakers


The workshop is open to anybody involved in International Economics issues, including both young and experienced researchers, post-doctoral students, and professionals from business, government and non-governmental institutions.

Submission of Papers

Deadline for submission of papers was April 29, 2007.

All papers will be peer reviewed. Authors of accepted papers will be notified no later than May 30, 2007.

Paper presenters are expected to discuss one other paper during the workshop. The discussant assignments will be made by the workshop organizers at a later date.

Publication of Papers

A selection of papers presented at the workshop will be published in one or more INFER volumes in due course after the workshop. For details of possible publication outlets see publications.


For the preliminary workshop programme (schedule and parallel sessions) see attached files below.

Notice: All rooms are equipped with power point facilities.


Location : FEUC

8.15am- 9.15am Registration

9.15am -10.15am Plenary Session – Room A

Opening addresses Carlos Fortuna
President of the Scientific Board of FEUC
Welcoming addresses: Helena Marques - Organizer

Elias Soukiazis - Organizer
Michael Pickhardt - INFER

Home Guest: Stuart Holland (University of Coimbra, Visiting Professor)

“Economic Cohesion in a Global Context: A Three Dimensional

Growth and Distribution Model”

10.30am – 12.00am Parallel Session Nº 1

Room A: International Trade I

Chair: Riham Shendy


Ana Rivas
Does trade increase inequality? A cross region comparison.

Discussant: Geovanna Villacreses

Geovanna Villacreses, German Calfat and Renato Flores
Challenging the pro-development role of trade agreements when remoteness counts: the Ecuadorian experience.

Discussant: Riham Shendy

Riham Shendy
Do Unions Matter? Trade reforms and manufacturing wages in South Africa.

Discussant: Ana Rivas

Room B: Technology

Chair: Jan Van Hove

Nicola Cantore International spillovers and learning by doing in a regionalized model of climate change: A post Kyoto analysis.

Discussion: Eleonora Cavallaro

Eleonora Cavallaro and Marcella Mulino Technological catching up, competitiveness and growth

Discussion: Jan VanHove

Jan VanHove Technology and the direction of trade: evidence from comparative advantage in intra-European exports. Discussion: Nicola Cantore

12.00pm – 14.00pm Lunch

14.00pm – 15.30pm Parallel Session Nº 2

Room A: Human Capital and R&D

Chair: Elias Soukiazis


Tiago Neves Sequeira
On the effect of R&D in returns to experience.

Discussant: Elias Soukiazis

Michael Wycherley
Innovation versus imitation: Intellectual property rights in a North-South framework.

Discussant: Tiago Neves Sequeira

Elias Soukiazis and Tulio Cravo
The interaction between health, human capital and economic growth. Empirical evidence.

Discussant: Michael Wycherley

Room B: International Trade II

Chair: Joana Silva


Felicitas Lehmann, Dierk Herzer, Sebastian Vollmer and Inmaculada Zarzoso
Modeling the dynamics of market shares in a pooled data setting: some caveats

Discussant: Joana Silva

Laura Ruud
The impact of idiosyncratic effects on exports composition in the European catching-up economies.

Discussant: Felicitas Lehmann
Joana Silva, Rod Falvey, David Greenaway

Trade liberalization and human capital adjustment.
Discussant: Laura Ruud

Room C: Business Cycles

Chair: Christian Richter

Jose Garcia Solanes,
Jesús Lopez and Jose Torres Demand shocks and trade balance dynamics.

Discussant: Pedro Cerqueira
Pedro Cerqueira and
Rodrigo Martins Political determinants of Business cycles. Discussant: Christian Richter
Christian Richter and
Andrew Hughes Hallett Are the new member states converging on the Eurozone? A Business cycle analysis for economies in transition. Discussant: Jose Garcia Solanes

15.30pm – 16.00pm Coffee Break

16.00pm – 17.30pm Parallel Session Nº 3

Room A: Fiscal Policy

Chair: Michael Pickhardt

Peter Claeys, Raul Ramos and Jordi Surinach Fiscal discipline across government tiers.

Discussant: Paulo Reis Mourao

Paulo Reis Mourao Political Budget cycles and fiscal illusion: A panel data study.

Discussant: Michael Pickhardt

Cecile Bazart and Michael Pickhardt Fighting tax invasion with positive rewards: Experimental evidence. Discussant: Peter Claeys

Room B: Integration I

Chair: Vitor Castro

Omar Feraboli Preferential trade liberalization , Fiscal policy responses and welfare: A dynamic CGE Model for Jordan.

Discussant: Vitor Castro

Adriaan Dierx, Fabienne Ilzkovitz, Viktoria Kovacs and Nuno Sousa. Steps towards a deeper economic integration: The internal market in the 21st century.

Discussant: Omar Feraboli

Vitor Castro The impact of the European Union fiscal rules on economic growth

Discussant: Adriaan Dierx

17.45pm – 18.45pm Plenary Session - Room A

Keynote Speaker: David Greenaway (University of Nottingham)

“New Perspectives on Exporting”

19.00pm – 20.45pm Coimbra University Tour

21.00pm Dinner


9.00am – 10.30pm Parallel Session Nº 4

Room A: Growth Issues I

Chair: Tiago Neves Sequeira

Daria Denti Cleaning the world doing maths.

Discussant: Marta Simões

Marta Simões and
Adelaide Duarte Levels of education, growth and policy complementarities

Discussant: Tiago Neves Sequeira

Tiago Neves Sequeira Transitional dynamics in an endogenous growth model with physical capital , human capital and R&D.

Discussant: Daria Denti

Room B: Globalization I

Chair: Celso Nunes

Friedrich Sell Emerging economies at the crossroads: where to does their exchange rate and reserves management lead?

Discussant: Celso Luis Pereira Nunes

Soumodip Sarkar
Gazelle in Elephant’s clothing: An integrated model of outsourcing.

Discussant: Friedrich Sell

Celso Luis Pereira Nunes The evolution of the economic thought about poverty measurement. Discussant: Soumodip Sarkar

10.30am – 11.00am Coffee Break

11.00am – 12.30pm Parallel Session Nº 5

Room A: Exchange Rates

Chair: Helena Marques

Karine Gente Convergence and real exchange rate in a developing country.

Discussant: Helena Marques

Karim Barhoumi
Exchange rate pass-through and structural macroeconomic shocks in developing countries: an empirical investigation.

Discussant: Karine Gente

Helena Marques and Sushanta Mallick Exchange rate transmission into industry level export prices: A tale of two policy regimes in India.

Discussant: Karim Barhoumi

Room B: Foreign Direct Investment

Chair: João Paulo Cerdeira Bento

Svetlana Ledyaeva
A Spatial Econometric Analysis of determinants and strategies of FDI´s in Russian regions in pre and post 1998 crisis periods.

Discussant: Bruno Merlevede

Bruno Merlevede and Koen Schoors FDI and the consequences: towards more complete capture of spillover effects.

Discussant: Joao Paulo Cerdeira Bento

João Paulo Cerdeira Bento The Relationship between Trade, Foreign Direct Investment and Economic Growth: evidence from Portugal

Discussant: Svetlana Ledyaeva

12.30pm – 14.30pm Lunch

14.30pm – 16.00pm Parallel Session Nº 6

Room A: Integration II

Chair: Patricia Pereira da Silva

Ming Wen Hu Taiwanese SME´s in the integrated world economy.

Discussion: Patricia Pereira da Silva

Alexandra Ferreira Lopes and Tiago Neves Sequeira Does a Federal country needs federal transfers when it has labour mobility?

Discussion: Ming Wen Hu

Patricia Pereira da Silva Building a regional market: evidence from the electricity supply industry. Discussant: Alexandra Ferreira Lopes

Room B: International Trade III

Chair: Kwok Tong Soo

Roberta de Santis and C. Vicarelli The “deeper” and the “wider” EU strategies of trade integration. Discussant: Kwok Tong Soo

Tatiana Cesaroni Economic integration and industrial sector fluctuations:
evidence from Italy

Discussant: Roberta De Santis

Kwok Tong Soo Gains from increasing trading partner similarity

Discussant: Tatiana Cesaroni

Room C: Financial Integration

Chair: Petros Migiakis

Luca DiGennaro What exactly is financial integration? A household approach.

Discussant: Petros Migiakis

Rachid Semia
Financial integration and economic growth: what is the effect of financial heterogeneity?

Discussant: Luca DiGennaro

Petros Migiakis and Dimitris Georgoutsos European Bond market integration and globalization. Discussant: Rachid Semia

16.00pm – 16.30pm Coffee Break

16.30pm – 18.00pm Parallel Session Nº 7

Room A: Macroeconomics

Chair: Carlos Usabiaga

Maria Angeles Caraballo and Carlos Dabus Determinants of relative price variability across inflation regimes: the Argentinean case.

Discussant: Carlos Usabiaga

Anissa Naouar Can market actors help monitor European Banks?

Discussant: Maria Angeles Caraballo

Carlos Usabiaga and Maria Angeles Caraballo Testing nominal rigidities: An application to Spain Discussant: Anissa Naouar

Room B: Growth Issues II

Chair: Diego Romero Avila

Mesut Saygili and Hulya Saygili Investigating structural change in Turkish exports: The role of currency and financial crises.

Discussant: Vaclav Zdarek

Vaclav Zdarek Price convergence in new EU member states- selected aspects and implications. Discussant: Diego Romero Avila

Diego Romero Avila
Liberalization of capital controls and interest rates restrictions in the EU-15: Did they affect growth? Discussant: Mesut Saygili

Room C: Globalization II

Chair: Andreas Exenberger

Hatice Karaçay Çakmak and Nezahat Altuntas New global capitalist system, new industrial development model and developing countries.

Discussant: Andreas Exenberger

Andreas Exenberger and
Simon Hartmann The dark side of globalization: the vicious cycle of exploitation by world market integration.

Discussant: Hatice Karaçay Çakmak

18.15pm – 19.30pm Plenary Session & Closing Addresses

Room A:

Keynote Speaker: Miguel A. León-Ledesma (University of Kent)

“International Output Convergence, Breaks, and Asymmetric Adjustment.”

Registration Fee

The registration fee for speakers and other participants will be:

Please note: the annual membership fee for private INFER members is 25 EUR only (institutional INFER members 200 EUR). You are invited to become a member!


If you want to attend this INFER Workshop, please print the registration form and send or fax the completed copy to INFER. Please do not forget your signature.


The workshop will be held at the Faculty of Economics of the University of Coimbra.

Coimbra is a lively university city in the Centre of Portugal, easily accessible by train or motorway (about one hour South of Porto and two hours North of Lisbon). The University of Coimbra, currently with over 20,000 students, dates back to 1290 and is member of several networks of well-established research-intensive European Universities such as the Coimbra Group and the Utrecht Network. More information about the University and the City of Coimbra can be found at


For instructions how to arrive to Coimbra see General information about Coimbra (select Venue & Travel).

For your information:

From Lisbon airport it takes 2 hours by train (or Bus) to go from Lisbon to Coimbra.

From Porto airport it takes 1 hour by train (or Bus) to go from Porto to Coimbra.


Participants are responsible for their travel and accommodation arrangements. The enrolment fee does not cover accommodation. However, the organization has negotiated special discounts for Workshop participants at the following hotels:

Hotel Hotel Tryp Coimbra (****)
Armando Gonçalves, 20, Coimbra
Hotel Almedina (***)
Fernão de Magalhães, 199,  Coimbra
Hotel Astória (***)
Emídio Navarro, n.º 21, Coimbra
tel. Tel: +351 239 480800
Fax: +351 239 484300
Tel: +351 239 855500
Fax: +351 239 829906
Tel:+351 239 853 020
Fax: +351 239 822 057

Single:   € 58.00
Double: € 68.00

(including breakfast )

Single: € 44.60
Double: €

(including breakfast)
Single: € 46.00
Double: €

(including buffet breakfast)
location in Celas. It is the nearest hotel to the Faculty (10 minutes walk). in the downtown (baixa) of Coimbra. Near public transportation (bus n.º 3 and 4). in the downtown (baixa) of Coimbra. Near public transportation (bus n.º 3 and 4).

IMPORTANT NOTICE: In order to benefit from the special prices, please mention in the reservation process that you will participate at the "INFER 2007 Workshop" at the Faculty of Economics (FEUC - Faculdade de Economia). Please book as earlier as possible because some of the hotels do not have many rooms available.

Other hotels in Coimbra (with no special discounts for Workshop attendants):

See the list of hotels in this page of the university (select hotels) or the websites: clix & semantix

Further Information

Questions may be directed to the workshop organizers:





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