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environment that captures the effects of interregional and intersectoral trade in propagating disaggregated productivity changes … pairwise interregional trade across all 50 U.S. states, 26 traded and non-traded industries, labor as a mobile factor, and … matches the U.S. input-output matrix. Using data on trade flows by industry between states, as well as other regional and …
Persistent link: https://www.econbiz.de/10011083376
countries. We look at the labour market impact of trade and foreign direct investment in the case of Italy. Our empirical … framework allows for trade, technology and factor supply effects. We find that international trade did not contribute to Italy …'s labour market problems. Indeed, given that Italy holds quite a distinct pattern of trade specialization, compared to other …
Persistent link: https://www.econbiz.de/10005504326
unbundling of production. The fundamental trade off in supply chain fractionalisation is between specialisation gains and … coordination costs. The key trade-off in supply chain dispersion is between dispersion and agglomeration forces. Supply-chain trade … should be not viewed as standard trade in parts and components rather than final goods. Production sharing has linked cross …
Persistent link: https://www.econbiz.de/10011083865
The rising importance of multinationals in the world economy has been accompanied by a rise in trade between affiliates … of multinationals located in different countries, and by profits being shifted to low tax countries. The effect of trade … barriers on taxation, intra firm trade and profit shifting has largely been ignored by both the trade literature and the public …
Persistent link: https://www.econbiz.de/10005788992
The debate on trade and growth increasingly focuses on the composition of exports. Exports of more "sophisticated …" products appear to be positively correlated with growth, and upgrading the quality of exports is high on the policy agenda of … country’s export basket. The empirical analysis relates unit values of exports measured at the 4-digit SITC level to data on …
Persistent link: https://www.econbiz.de/10008557016
We exploit regional variation in suitability for cultivating potatoes, together with time variation arising from their introduction to the Old World from the Americas, to estimate the impact of potatoes on Old World population and urbanization. Our results show that the introduction of the...
Persistent link: https://www.econbiz.de/10005039579
This paper investigates the impacts of progressive trade openness, technological externalities, and heterogeneity of … individuals on the formation of entrepreneurship in a two-country occupation choice model. We show that trade opening gives rise … (small) country first increases (decreases) and then decreases (increases), with the global economy exhibiting first de-industrialization …
Persistent link: https://www.econbiz.de/10005662268
are influenced by trade liberalization. We show that trade liberalization can induce a unionized firm to move all … production abroad. This cannot prevail in a corresponding, non-unionized model. Trade liberalization has a non-monotonic effect … on wages. For a given location choice, trade liberalization increases national welfare in the unionized country. When a …
Persistent link: https://www.econbiz.de/10005067511
trade, without controlling for the characteristics of the goods imported. The Paper jointly estimates the choice of foreign …
Persistent link: https://www.econbiz.de/10005504405
Agreements are progressively implemented, is projected to have a significant impact on trade flows with Spain, as exports and … probably respond to the relative factor endowments underlying current trade patterns. Spain is likely to increase its exports …-intensive industries, which will confront export displacement in third (EU) markets and some foreign direct investment (FDI) diversion.Trade …
Persistent link: https://www.econbiz.de/10005136499