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We examine the composition of bilateral trade between the United States and each of eight Asian Pacific economies from 1962 to 1992. Two complementary time series analyses of individual commodities at the SITC four-digit level indicate that significant change occurred in trade composition during...
Persistent link: https://www.econbiz.de/10005556415
The paper discusses and revisits some of the most popular stories behind the 2001 financial crisis in Argentina, i.e. the prolonged overvaluation of the peso owing to the Currency Board arrangement, the lack of fiscal adjustment, and the negative external environment which triggered a “sudden...
Persistent link: https://www.econbiz.de/10005076729
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
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
This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty … likely effects of an FTA with China on poverty and income distribution. We find that the FTA would result in a small … agreement with China on sectoral and aggregate employment rates. According to this, trade with the PRC did not have a …
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
Factor-endowment based trade with the leading economy helps to explain the differing development performances of the Americas and East Asia in the past two centuries. Between 1830 and 1945, labor-abundant Britain, the most advanced country, traded heavily with land-abundant countries in the...
Persistent link: https://www.econbiz.de/10005062412
We study the price adjustment practices and provide quantitative measurement of the managerial and customer costs of price adjustment using data from a large U.S. industrial manufacturer and its customers. We find that price adjustment costs are a much more complex construct than the existing...
Persistent link: https://www.econbiz.de/10005076839
El docuemnto se dedica al estudio del comportamiento de las AFP del Sistema Privado de Pensiones peruano. El trabajo utiliza el marco de análisis de la teoría de juegos repetidos y aspectos complementarios de la teoría de la colusión implícita para aproximar el comportamiento de los agentes...
Persistent link: https://www.econbiz.de/10005076874
The European Union and its Member States have been engaged in product market reforms over a long period with notable reforms including the Single Market Program and the Lisbon Agenda launched in March 2000. Product market reforms are seen as exerting both a direct and an indirect impact on...
Persistent link: https://www.econbiz.de/10005076895