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Theoretical and empirical research in economics suggests that bilateral migration triggers bilateral trade through a … number of channels. This paper assesses the functional form of the impact of migration on trade flows in a quasi … elasticity of trade to migration is quite high, and it declines to zero at about 4,000 immigrants. If migration stocks exceed …
Persistent link: https://www.econbiz.de/10009024841
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R&D spillovers as well as remainder,...
Persistent link: https://www.econbiz.de/10005406424
We develop a two-country, two-sector model with a continuum of workers to address the link between migration and trade … more likely to be supported by a simultaneous referendum on trade and migration than in one on trade alone? The key to our … analysis is the recognition that for free trade, migration, or trade and migration to be adopted, the relevant policy must pass …
Persistent link: https://www.econbiz.de/10010556846
Previous empirical research has assumed that goods trade responds to goods trade preferentialism only, while other … forms of preferentialism – such as services trade or investment preferentialism – are irrelevant for goods trade. This paper …: goods, services, and investment) at the intensive and extensive country margins of bilateral goods trade. …
Persistent link: https://www.econbiz.de/10010877855
Previous studies on electoral competition show that fiscal variables are manipulated by incumbent politicians in order to be re-elected. This phenomenon has been addressed by the literature on electoral budget cycle and, in a decentralised economy, by the literature on yardstick competition. Our...
Persistent link: https://www.econbiz.de/10005000400
interdependencies that are brought about by (horizontal) trade in final goods and (vertical) trade in intermediate goods (within and …
Persistent link: https://www.econbiz.de/10005196195
Three sources of strategic tax interactions among local jurisdictions are usually considered in the literature: public expenditure spill-over, tax competition and yardstick competition. However, another source has now been suggested: the intellectual trend. According to that hypothesis,...
Persistent link: https://www.econbiz.de/10010598514
been done by analyzing gross trade flows related to offshore activities using gravity equations augmented by ad hoc … to theoretically unmotivated attempts to allow for both complete and incomplete specialization influences on gross trade … patterns. This view reveals that countries’ multilateral specialization incentives drive bilateral trade, corresponding to and …
Persistent link: https://www.econbiz.de/10010548148
infrastructure matters for the pattern of trade of developing countries, and can help explaining their low level of regional … integration. The main idea is that, to the extent that it can be used not just to export natural resources but also to trade other … commodities, this infrastructure may bias a country’s structure of transport costs in favor of overseas trade, and to the …
Persistent link: https://www.econbiz.de/10010634078
–horizontal versus vertical– within the European Union and the relevance of trade integration as a potential determinant of … investment flows over the period 1995-2009. We capture trade integration by estimating the magnitude and evolution of the home … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …
Persistent link: https://www.econbiz.de/10010790167