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Bilateral Trade as a Development Instrument Under Global Trade Restrictions
Nashashibi, Karim - 1974
In their striving toward development, a number of less developed countries have espoused bilateral trade as yet another policy instrument allowing them to increase their acquisition of foreign resources. This has been particularly true of the trade of India, Pakistan, and Egypt, on which some...
Persistent link: https://www.econbiz.de/10012479072
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Innovation and Trade Policy in a Globalized World
Akcigit, Ufuk - 2018
innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … of openness on innovation incentives and productivity growth. Finally, our model predicts that a more globalized world …
Persistent link: https://www.econbiz.de/10012453173
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An Index of Global Economic Policy Uncertainty
Davis, Steven J. - 2016
Building on Baker, Bloom and Davis (2016), I construct a monthly index of Global Economic Policy Uncertainty (GEPU) from January 1997. The GEPU Index is a GDP-weighted average of national EPU indices for 16 countries that account for two-thirds of global output. Each national EPU index reflects...
Persistent link: https://www.econbiz.de/10012455940
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Government Policies in a Granular Global Economy
Gaubert, Cecile; Itskhoki, Oleg; Vogler, Maximilian - National Bureau of Economic Research - 2021
We use the granular model of international trade developed in Gaubert and Itskhoki (2020) to study the rationale and implications of three types of government interventions typically targeted at large individual firms -- antitrust, trade and industrial policies. We find that in antitrust...
Persistent link: https://www.econbiz.de/10012496106
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Global Supply Chains and Trade Policy
Blanchard, Emily J. - 2016
How do global supply chain linkages modify countries' incentives to impose import protection? Are these linkages empirically important determinants of trade policy? To address these questions, we introduce supply chain linkages into a workhorse terms-of-trade model of trade policy with political...
Persistent link: https://www.econbiz.de/10012456789
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A Theory of Trade Policy Transitions
Bowen, T. Renee; Broz, J. Lawrence; Rosendorff, B. Peter - National Bureau of Economic Research - 2023
Trade policy is set by domestic political bargaining between globalists and protectionists, representing owners of factors specific to export and import-competing sectors respectively. Consistent with the post-Civil War Era of Restriction, protectionists implement high tariffs when status quo...
Persistent link: https://www.econbiz.de/10014372419
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International dimensions of monetary policy : [... presented at the NBER Conference "International Dimensions of Monetary Policy", which was held June 11 through 13, 2007 ... in th...
Galí, Jordi (contributor); Gertler, Mark (contributor) - 2009
Persistent link: https://www.econbiz.de/10003825525
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Internationalization and the evolution of corporate valuation
Levine, Ross - 2005
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
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Land, Labor and Globalization in the Pre-Industrial Third World
Williamson, Jeffrey G. - 2000
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …
Persistent link: https://www.econbiz.de/10012470966
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When Did Globalization Begin?
O'Rourke, Kevin H. - 2000
Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … third view which argues that the world economy was fragmented and completely de-globalized before the 19th century. None of …
Persistent link: https://www.econbiz.de/10012471135