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on trade volumes and patterns, and a non-negligible welfare impact. In the counterfactual scenario in which each country … the data. In this counterfactual scenario, welfare is also 1.6% higher for the median country compared to the baseline …. The welfare impact varies greatly across countries, ranging from ..1.1% to +4.3% among OECD countries, and from ..4.6% to …
Persistent link: https://www.econbiz.de/10010425622
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10010352162
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10009789158
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10010679665
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10011186322
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...
Persistent link: https://www.econbiz.de/10011568775
We illustrate a new source of comparative advantage that is generated by countries' different ability to adjust to technological change. Our model introduces substitution of workers in codifiable (routine) tasks with more efficient machines, a process extensively documented in the labor...
Persistent link: https://www.econbiz.de/10012200350
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...
Persistent link: https://www.econbiz.de/10011584915
We illustrate a new source of comparative advantage that is generated by countries' different ability to adjust to technological change. Our model introduces substitution of workers in codifiable (routine) tasks with more efficient machines, a process extensively documented in the labor...
Persistent link: https://www.econbiz.de/10012203536
We illustrate a new source of comparative advantage that is generated by countries' different ability to adjust to technological change. Our model introduces substitution of workers in codifiable (routine) tasks with more efficient machines, a process extensively documented in the labor...
Persistent link: https://www.econbiz.de/10012207991