Showing 1 - 10 of 11
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …
Persistent link: https://www.econbiz.de/10011615862
This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of … interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the … with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …
Persistent link: https://www.econbiz.de/10010264499
We introduce transport cost of trade in products into the classical Zodrow and Mieszkowski (1986) model of capital tax …
Persistent link: https://www.econbiz.de/10010274798
critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …
Persistent link: https://www.econbiz.de/10012425595
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced … trade only nominal factor prices. International financial flows will not alter pattern of trade, but movement of labour and … much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit …
Persistent link: https://www.econbiz.de/10013266637
This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies … output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations … indeterminate pattern of trade. …
Persistent link: https://www.econbiz.de/10013353416
Dixit and Stiglitz (1977) with applications in international trade by Krugman (1979,1980), by modeling fixed and variable … pattern of trade between varieties and output per variety, which is indeterminate in a standard single good Dixit …
Persistent link: https://www.econbiz.de/10012657962
specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … developing economy grows faster than the rest of the world as a result of global fragmentation and trade in intermediates if it … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …
Persistent link: https://www.econbiz.de/10012799706
This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … output and global input output tables to construct the measures of trade openness, our empirical analysis covering 21 …
Persistent link: https://www.econbiz.de/10012141106
This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows … measures of terrorism and largescale violence, we find compelling evidence that terrorist actions reduce the volume of trade; a … doubling in the number of terrorist incidents is associated with a decrease in bilateral trade by about 4 percent. …
Persistent link: https://www.econbiz.de/10010260671