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Ben-David, Dan; Loewy, Michael B - C.E.P.R. Discussion Papers - 1995

What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more importantly, will it have an impact on steady-state growth rates? This paper provides empirical evidence showing how countries have exhibited substantial increases in their...

Persistent link: https://www.econbiz.de/10005666425

Growth and Macroeconomic Performance in Spain, 1939-93

Prados de la Escosura, Leandro - C.E.P.R. Discussion Papers - 1995

After presenting trends in aggregate performance within a comparative convergence framework, this paper explores institutional and macroeconomic features as the ultimate explanations of Spain's post-war growth performance. The following main phases are distinguished: the autarchy period...

Persistent link: https://www.econbiz.de/10005666440

Trade in the Triad: How Easy is the Access to Large Markets?

Fontagne, Lionel; Mayer, Thierry; Zignago, Soledad - C.E.P.R. Discussion Papers - 2004

called the Triad: The United States, the EU and Japan. We focus on measuring possible asymmetries in market access between …

Persistent link: https://www.econbiz.de/10005504710

Productivity, Wages and Prices Inside and Outside of Manufacturing in the US, Japan and Europe

Gordon, Robert J - C.E.P.R. Discussion Papers - 1986

. Results are presented for the United States, Japan, and an aggregate called "Europe" consisting of eleven European economies … indices for Japan and Europe. If anything, real wages in Europe and Japan were too flexible rather than too rigid, in the … sense that much of the increase in wage gap indices in Europe during 1968-70 and in Japan in 1973-74 can be interpreted as …

Persistent link: https://www.econbiz.de/10005789135

The Impact of Trade on Organization and Productivity

Caliendo, Lorenzo; Rossi-Hansberg, Esteban - C.E.P.R. Discussion Papers - 2011

A firm's productivity depends on how production is organized given the level of demand for its product. To capture this mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce. Entrepreneurs decide the number of layers of management...

Persistent link: https://www.econbiz.de/10009246600

Sequential Exporting

Albornoz-Crespo, Facundo; Calvo Pardo, Hector F.; … - C.E.P.R. Discussion Papers - 2010

Many new exporters give up exporting very shortly, despite substantial entry costs; others shoot up foreign sales and expand to new destinations. We develop a model based on experimentation to rationalize these and other dynamic patterns of exporting firms. We posit that individual export...

Persistent link: https://www.econbiz.de/10008692316

Trade Liberalization and Heterogeneous Firm Models: An Evaluation Using the Canada - US Free Trade Agreement

Breinlich, Holger; Cuñat, Alejandro - C.E.P.R. Discussion Papers - 2010

We examine the qualitative and quantitative predictions of a heterogeneous firm model à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We calibrate our model to the pre-trade liberalization stage, simulate the trade liberalization, and compute the...

Persistent link: https://www.econbiz.de/10008468508

The Tip of the Iceberg: Modeling Trade Costs and Implications for Intra-Industry Reallocation

Irarrazabal, Alfonso; Moxnes, Andreas; Opromolla, Luca David - C.E.P.R. Discussion Papers - 2010

When trade costs are of the iceberg type (Samuelson 1952) and markups are independent of trade costs, relative prices across markets are distorted, but relative prices within markets are not. When trade costs depart from the analytically convenient iceberg type, distortion will also occur within...

Persistent link: https://www.econbiz.de/10008468521

Public Procurement: A Post-Uruguay Round Perspective

Francois, Joseph; Nelson, Doug R; Palmeter, David - C.E.P.R. Discussion Papers - 1996

This paper reviews the implications of the Uruguay Round Government Procurement Agreement, both for current practice in the United States and for general conditions of market access in other major markets. We emphasize the relative importance of government purchases within given markets. Because...

Persistent link: https://www.econbiz.de/10005123550

Who is Afraid of Globalization? The Challenge of Domestic Adjustment in Europe and America

Sapir, André - C.E.P.R. Discussion Papers - 2000

The paper examines why ‘globaphobia’ seems to be more prevalent among labour in the United States than in Europe. It argues that globalization has generated more wealth, but also more income inequality and adjustment problems, in America than in Europe. In the United States, the median voter...

Persistent link: https://www.econbiz.de/10005123640

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