Showing 1 - 10 of 118
This Paper presents a survey of the literature on trade liberalization and globalization. The questions are why trade … allows for protectionist policies, and why there is opposition to the globalization of markets that has occurred as the …
Persistent link: https://www.econbiz.de/10005067625
the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in … imply that roughly half of India's rise in schooling and a third of the fall in child labor during the 1990s can be …
Persistent link: https://www.econbiz.de/10005504597
We introduce a frequency domain version of the EM algorithm for general dynamic factor models. We consider both AR and ARMA processes, for which we develop iterative indirect inference procedures analogous to the algorithms in Hannan (1969). Although our proposed procedure allows researchers to...
Persistent link: https://www.econbiz.de/10011168903
We study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labour reallocation, and constant aggregate growth path. The conditions are weak restrictions on the...
Persistent link: https://www.econbiz.de/10005067564
India was a major player in the world export market for textiles in the early 18th century, but by the middle of the 19 … some decline, and India underwent secular de-industrialization as a consequence. While India produced about 25% of world … about the relative role played by domestic and foreign forces in India’s de-industrialization. The construction of new …
Persistent link: https://www.econbiz.de/10005136603
Extensive research has demonstrated the existence of large potential welfare gains from trade facilitation—measures to reduce the overall costs of the international movement of goods. From an equity perspective an important question is how those benefits are distributed across and within...
Persistent link: https://www.econbiz.de/10011083525
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...
Persistent link: https://www.econbiz.de/10011083351
new World Trade Organization (WTO). Many developing countries perceive the entwining of these social issues with trade …
Persistent link: https://www.econbiz.de/10005123518
a more prominent role in trade policy discussions in the years ahead for the newly formed World Trade Organization (WTO …
Persistent link: https://www.econbiz.de/10005124201
The ratification of ILO Labour Standards Conventions is a key explanatory variable in the empirical literature linking labour standards to economic performance. The assumption is that ratification gives information about labour standards implemented in a country. This Paper investigates the...
Persistent link: https://www.econbiz.de/10005136736