Showing 1 - 7 of 7
Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the top of policy agendas and created the impression that shortages would have been less severe if GSCs were either shorter and more domestic, or more diversified. But is this right? We start our answer by...
Persistent link: https://www.econbiz.de/10012660121
This paper takes a step towards formalizing the theoretical interconnections among four post-Industrial Revolution phenomena - the industrialization and growth take-off of rich northern' nations, massive global income divergence, and rapid trade expansion. Specifically, we present a...
Persistent link: https://www.econbiz.de/10012472347
This paper tests whether trade in new goods is partially responsible for the pro-trade effects of the euro and provides a measure of the size of the effect. It works with a very large data set (about 16 million observations) covering twenty countries at the most disaggregated level of trade data...
Persistent link: https://www.econbiz.de/10012465988
simple model is used to show that import competition may stimulate growth by reducing the market power of domestic innovators …. Specifically, import competition forces domestic innovators to chose between either quickening their pace of innovation or being … displaced by foreign innovators. The pro-growth effect of import competition is shown to be welfare-increasing. The paper …
Persistent link: https://www.econbiz.de/10012474934
(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find … export goods are substantially different across countries at the same HS 6-digit code …
Persistent link: https://www.econbiz.de/10012464335
This paper explores the impact of trade on growth when firms are heterogeneous. We find that greater openness produces anti-and pro-growth effects. The Melitz-model selection effects raises the expected cost of introducing a new variety and this tends to slow the rate of new-variety introduction...
Persistent link: https://www.econbiz.de/10012466339
static and dynamic efficiency gains. That is, although freer trade improves industry productivity in a level sense, it harms …
Persistent link: https://www.econbiz.de/10012467972