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This paper compares the role of technological change with that of trade in explaining the increased demand for skilled …
Persistent link: https://www.econbiz.de/10005125725
Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …-endowment based trade and economic ties with the secondary advanced economy (first the U.S. and then Japan) played important roles in …
Persistent link: https://www.econbiz.de/10005062412
involving elements of trade policy reform. This study reviews country experiences with respect to the impact of reforms of trade … and trade-related policies on economic performance, export capacity and the ability to attract foreign direct investment …. Trade policy reform can be crucial for success in international markets. Opening domestic markets will change relative …
Persistent link: https://www.econbiz.de/10005062598
and exogenous test. I will use the World Trade Database to systematically test this hypothesis in a gravity model of trade …
Persistent link: https://www.econbiz.de/10005062648
There is a considerable body of analysis available that aims to quantify the economic and trade effects of textile and …. Different tools and approaches have thereby been used to evaluate the impacts of textile trade reform at the regional or global … textiles and clothing production and trade as the Agreement on Textiles and Clothing (ATC) is implemented. There is pressure …
Persistent link: https://www.econbiz.de/10005408060
Our paper decomposes knowledge-diffusing trade flows and estimates their impacts separately. Overall, trade generates … positive knowledge spillovers, but the effects of intra-industry trade are ambiguous. With regard to sectoral import … significant positive spillover effects of intra-industry trade that corresponds to international outsourcing. …
Persistent link: https://www.econbiz.de/10005408066
The Hayek Hypothesis holds that prices contain enough information to direct the resources in the economy to their most efficient use. In a series of experiments, Vernon Smith [1987] found that with the right trading institutions, a market with agents that know only their own valuations of a good...
Persistent link: https://www.econbiz.de/10005408233
The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have...
Persistent link: https://www.econbiz.de/10005408336
, regulation of trade and investment flows, and gender- sensitive public sector spending.. …
Persistent link: https://www.econbiz.de/10005412981
In 1999, the Commonwealth Government referred the scope for a post-2000 reduction in the general tariff to the Productivity Commission for inquiry and report within nine months. The general tariff covers only rates of 5 per cent or less, and excludes the PMV and TCF sectors. On balance, the...
Persistent link: https://www.econbiz.de/10005556451