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In this paper, I empirically examine the non-monotonic relationship between openness and within-group wage inequality predicted by  Helpman et al. (2010) using a panel data for the US, 1983–2005. Within-group wage inequality is measured for each industry and matched with exports. It can be...
Persistent link: https://www.econbiz.de/10011041756
We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … bias of monetary policy. Our results suggest that increased trade could account for as much as a quarter of European …
Persistent link: https://www.econbiz.de/10005667140
This Paper builds a multi-country, multi-sector general equilibrium model that explains the decision of heterogeneous firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve different relative costs, some of which are sunk while...
Persistent link: https://www.econbiz.de/10005791827
will be net exporters in scale-intensive industries. The hypotheses are empirically tested by studying the trade of each …
Persistent link: https://www.econbiz.de/10005792049
During the last two decades new research has greatly advanced our understanding of the structure of world trade. This … foreign trade the discussion is in two parts. One part examines the links between factor endowments and trade flows. New … across countries. A second part examines determinants of the volume of trade, the share of intra-industry trade and evidence …
Persistent link: https://www.econbiz.de/10005661848
In large number of circumstances, trade policy modellers turn to partial equilibrium modelling in an imperfect … substitutes framework. This article develops a formal representation of this imperfect substitutes model and applies it to trade … these results within the history of Pakistan–India trade and the political economy of the negative list. …
Persistent link: https://www.econbiz.de/10011135996
export markets and the duration of trade. The density of telecoms networks and the reliability of electricity supply stand …
Persistent link: https://www.econbiz.de/10009775476
impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or … multilateral trade policy commitments. They find that a DCFTA with the EU will likely result in substantial gains to Armenia, but … are: (i) trade facilitation and reduction in border costs; (ii) services liberalization; and (iii) standards harmonization …
Persistent link: https://www.econbiz.de/10009406930
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly …
Persistent link: https://www.econbiz.de/10011386602
international markets. This framework is then applied to analyse the trade specialisation of Argentina, Brazil and Chile (ABC …
Persistent link: https://www.econbiz.de/10012443982