Showing 1 - 5 of 5
We study, both theoretically and empirically, how export intensity (the ratio of exports to sales) is related to firm … strongly negatively correlated with export intensity to low-income destinations and uncorrelated with export intensity to high … plausible assumptions, our model predicts that the elasticity of export intensity to productivity is increasing in per capita …
Persistent link: https://www.econbiz.de/10005018082
We review the micro-level evidence on the effects of trade and investment liberalization in the developing world. We focus, in particular, on the effects of the 1991 trade reform in India, since it provides an excellent controlled experiment in which the effects of a drastic trade regime change...
Persistent link: https://www.econbiz.de/10005146695
This paper investigates the relationship between trade openness and the size of governments, both theoretically and empirically. We argue that openness can increase the size of governments through two channels: (1) a terms of trade externality, whereby trade lowers the domestic cost of taxation,...
Persistent link: https://www.econbiz.de/10005123927
We propose a theoretical foundation for a link between North-South trade imbalances and skill upgrading. We provide robust support for our theory using a panel of US manufacturing industries observed between 1977 and 2005. Our results suggest that the impact of the US trade deficit on the...
Persistent link: https://www.econbiz.de/10011083619
We study, both theoretically and empirically, how trade imbalances affect the structure of countries' exports and wage inequality. We show that, in a Heckscher-Ohlin model with a continuum of goods, a Southern (Northern) trade surplus leads to an increase (reduction) in the average skill...
Persistent link: https://www.econbiz.de/10011084489