Showing 1 - 10 of 59
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U … declines the most experience more severe employment losses along with larger increases in the value of imports from China and … employment loss, and we show that the U.S. employment trends differ from those in the EU, where there was no change in policy. …
Persistent link: https://www.econbiz.de/10010734330
This paper deals with a classic development question: how can the process of economic development – transition from stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954) and Rostow (1956) argue that the pace of...
Persistent link: https://www.econbiz.de/10010877851
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and … level to construct an instrument for multilateral openness that varies across countries and time. The instrument can be used …’ performances as well as for the direct effect of disasters. We find that the elasticity of income with respect to openness is about …
Persistent link: https://www.econbiz.de/10009224870
monetary model are not fully robust to data frequency and alternative estimation periods, either. Nevertheless, adding openness … research seem to be sensitive to the sample period considered, alternative variable definition, data frequency and estimation …
Persistent link: https://www.econbiz.de/10010554826
countries from 1983 to 2006, we analyze the role of economic and financial openness as well as tax competition while allowing … for dynamic adjustment to shocks and period-specific as well as country-specific effects. While openness does not seem to …
Persistent link: https://www.econbiz.de/10005094460
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments … we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the … with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa. …
Persistent link: https://www.econbiz.de/10005034636
What determines the structure of labour market institutions? This paper argues that common explanations based on rent sharing are incomplete; unions, job protection, and egalitarian pay structures may have as much to do with social insurance of otherwise uninsurable risks as with rent sharing and...
Persistent link: https://www.econbiz.de/10005181371
companies. We argue that this may lead to estimation bias as damage data and the selection into the database may correlate with … affected by geophysical disasters; rich more by meteorological events. International openness and democratic institutions …
Persistent link: https://www.econbiz.de/10010701086
manufacturing industries in 1995-2003. Our results indicate that the off-shoring of intermediates within the same industry (“narrow …
Persistent link: https://www.econbiz.de/10005181530
We investigate how tariff liberalization has affected exporting in emerging countries. We use a highly disaggregated bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round and episodes of bilateral liberalization. Our...
Persistent link: https://www.econbiz.de/10010877681