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Unpacking Sources of Comparative Advantage : A Quantitative Approach
Chor, Davin - East Asian Bureau of Economic Research (EABER) - 2008
This paper develops an approach for quantifying the importance of different sources of comparative advantage for country welfare. To explain patterns of specialization, I present a multi-country trade model that extends Eaton and Kortum (2002) to predict industry trade ows. In this framework,...
Persistent link: https://www.econbiz.de/10009363946
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Tariff-Rate Quotas : Difficult to model or plain simple?
Bishop, Phillip M.; Nicholson, Charles F.; Pratt, James E. - East Asian Bureau of Economic Research (EABER) - 2001
The difficulty of reliably and accurately incorporating tariffrate quotas (TRQs) into trade models has received a lot of attention in recent years. As a result of the Uruguay Round of GATT negotiations, TRQs replaced an assortment of tariff and nontariff instruments in an effort to standardise...
Persistent link: https://www.econbiz.de/10009363475
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Trade Liberalization, Skill-linked Intermediate and Two-sided Wage Gap
Marjit, Sugata; Achryya, Rajat - East Asian Bureau of Economic Research (EABER) - 2005
An interesting contemporary research question in trade theory deals with the possibility of rising wage inequality across the globe. A few possible explanations have been provided so far. We provide a natural explanation and a rigorous proof of the phenomenon by arguing that liberalizing trade...
Persistent link: https://www.econbiz.de/10009365100
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Informality, Corruption and Trade Reform
Marjit, Sugata; Biswas, Amit K. - East Asian Bureau of Economic Research (EABER) - 2011
Stringent regulations coupled with corruption generate and sustain extra legal or informal transactions in the developing countries. Does trade related reform discourage informal activities and corruption? This paper attempts to analyze such a phenomenon. An import competing firm allocates...
Persistent link: https://www.econbiz.de/10009365145
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Exchange Rate Policy and Regional Trade Agreements : A Case of Conflicted Interests?
Pomfret, Richard; Pontines, Victor - East Asian Bureau of Economic Research (EABER) - 2013
The results highlight the conflicting interests of countries — to stabilize exchange rates or to keep the option of exchange rate depreciation in order to maintain competitiveness of domestic tradable producers. With deepening integration in East Asia, however, the desire for exchange...
Persistent link: https://www.econbiz.de/10010857579
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Regional Borders and Trade in Asia
Lee, Woong; Bae, Chankwon - East Asian Bureau of Economic Research (EABER) - 2013
This paper investigates the effect of regional borders on trade in Asia. The regional borders define the three regions of Asia : South, Southeast, and East Asia. Regional trade indicates the flows of trade within a region, whereas regional border trade means trade across regions. A gravity model...
Persistent link: https://www.econbiz.de/10010857583
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Determinants of the Trilemma Policy Combination
Ito, Hiro; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
€œoptimal†trilemma policy combinations evolve around the time of a financial crisis. Policy combinations seem to violate the trilemma … constraint when a currency, banking, or debt crisis breaks out. These findings suggest that deviations from the trilemma … hypothesis would create policy stress, which would have to manifest itself in a crisis unless policy makers adjust the policy …
Persistent link: https://www.econbiz.de/10010857585
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The Impact of Free Trade Agreements on Business Activity : A Survey of Firms in the People's Republic of China
Zhang, Yunling - East Asian Bureau of Economic Research (EABER) - 2010
agreements (FTAs) an important part of its global trading strategy. The PRC’s export industries are embedded in existing … stance of Chinese firms when it comes to exploring market opportunities, the actual coverage of export value by FTAs is …
Persistent link: https://www.econbiz.de/10011278012
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Financing Development Cooperation in Northeast Asia
Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2013
This paper examines financing mechanisms to support infrastructure development and connectivity in Northeast Asia—comprising the Northeastern People’s Republic of China, Japan, the Democratic People’s Republic of Korea (DPRK), the Republic of Korea, Mongolia, and the...
Persistent link: https://www.econbiz.de/10011278024
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Exchange Rate Coordination in Asia : Evidence using the Asian Currency Unit
Gupta, Abhijit Sen - East Asian Bureau of Economic Research (EABER) - 2012
This paper evaluates the extent of exchange rate coordination among Asian economies using a hypothetical Asian Currency Unit. Rising interdependence among Asian economies makes it vital for these economies to have a certain degree of exchange rate stability. However, the empirical evidence...
Persistent link: https://www.econbiz.de/10011278026