Showing 1 - 10 of 77
We discuss metrics of globalization for individual economies as distance measures between fully integrated and trade … be used to construct country globalization metrics reflecting the distance of economies from full global integration due … to trade barriers, barriers to factor flows, barriers to international financial intermediation, solved technological …
Persistent link: https://www.econbiz.de/10005094373
International trade patterns at the product level are surprisingly dynamic. The majority of trade relationships exist … characteristics, product type and market structure. Specifically, I show that the duration of exporting a product to Germany is longer … market and are characterized by two-way trade. …
Persistent link: https://www.econbiz.de/10005094351
-Douglas production function. …
Persistent link: https://www.econbiz.de/10005405746
We consider firms and multi-member households operating in a competitive market environment. Households are endowed …
Persistent link: https://www.econbiz.de/10009371337
international trade, self-enforcing - or stable - IEAs may comprise up to 60% of all countries (Eichner and Pethig 2013). But these … coalitions are Stackelberg leaders and set tariffs in addition to their cap-and-trade schemes. Surprisingly, these smaller IEAs … countries import fossil fuel and their tariff takes the form of a subsidy of fuel consumption and a tax on the production of the …
Persistent link: https://www.econbiz.de/10010877766
We study the effect of international trade and freeness of trade (openness) on interregional inequality within … on weighted trade shares and trade costs. In addition to the standard trade-to-GDP ratio, we derive and propose an … aggregate freeness-of-trade measure based on phiness of trade. Both measures are instrumented by proxies constructed from …
Persistent link: https://www.econbiz.de/10010877821
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To …
Persistent link: https://www.econbiz.de/10010877822
We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … distribution of industrial activity becomes less likely. Hence, financial market development has opposite regional implications as … trade liberalization. While the former leads to more dispersion of economic activity across space, the latter tends to drive …
Persistent link: https://www.econbiz.de/10010877832
We investigate the theoretical relationship between wage concentration and international market integration. Access to … imported varieties lowers the cost of intermediate inputs (“machines”) used to carry out production tasks, causing workers with … on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010948859
regional inequality. Geography, mobility and trade openness are also highly important. …
Persistent link: https://www.econbiz.de/10011272626