Showing 1 - 10 of 136
One of the most significant recent developments in world trade has been the entry of China into the World Trade … Organization (WTO). This paper examines the implications of China’s WTO accession for India’s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China’s WTO entry in terms …
Persistent link: https://www.econbiz.de/10005062637
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
elasticity for forecasting the future VTTS in economic evaluations of transport projects. This discrepancy may be resolved as …
Persistent link: https://www.econbiz.de/10005556242
Persistent link: https://www.econbiz.de/10005118996
The distribution of the value of travel time savings (VTTS) is investigated employing various nonparametric techniques on a large, high quality data set. When background variables are not included in the model it is found that the right 13% tail of the distribution is not observed and hence the...
Persistent link: https://www.econbiz.de/10005119038
This paper is an empirical investigation on the relationship between trade globalization and political liberalization … prediction that political liberalization could discourage trade and trade could foster democracy. …
Persistent link: https://www.econbiz.de/10005556478
Growing shares of international trade flows consist of intermediate and unfinished goods shipped from one country to … of international fragmentation of production in Europe, looking at how it affects relative labor demand. Models of trade … change in the relative factor intensities of the affected industries. We use international trade data specifically related to …
Persistent link: https://www.econbiz.de/10005119330
This paper calculates a unit labor-cost based real effective exchange rate for China for the period 1987-2002. It …
Persistent link: https://www.econbiz.de/10005124915
This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty … agreement with China on sectoral and aggregate employment rates. According to this, trade with the PRC did not have a … likely effects of an FTA with China on poverty and income distribution. We find that the FTA would result in a small …
Persistent link: https://www.econbiz.de/10005062638
This paper estimates the effects of trade integration between China and Mercosur on employment. The case of Argentina … labor demand elasticities in order to estimate the effects of trade with China on the employment rate. According to this …, trade with China did not have a significant effect on industrial employment, even in a period of swift trade liberalization …
Persistent link: https://www.econbiz.de/10005408025