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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
sector are under consideration in countries throughout the world. Brazil, though something of a latecomer to wider … infrastructure reform, has recently taken large steps in restructuring its railroad system. This paper analyzes Brazil's ongoing … railroad reforms, seeking to place them in the context both of the broader reform project going on in Brazil and of railroad …
Persistent link: https://www.econbiz.de/10005556074
As a prelude to tariff reduction, the government is currently assessing the implications of significantly reducing tariffs due, in part, to its 2001 agreement with Ghana to quickly implement the ECOWAS Trade Liberalization Scheme. The obvious questions are: Should Nigeria liberalize to all...
Persistent link: https://www.econbiz.de/10005062614
We calculate welfare gains of trade liberalization in the Central and East European transition economies, following the approach of Romer (1994), who emphasized that proper modeling of the impact of trade restrictions on the number of available product varieties is crucial to quantifying the...
Persistent link: https://www.econbiz.de/10005561124
In sectors using information and communications technology (ICT) as platform for innovation, the meaning of the term 'work' is undergoing fundamental change. New technologies are helping to accommodate employees' individual preferences regarding working hours and location. In this respect,...
Persistent link: https://www.econbiz.de/10005125756
The market for information and communication technologies is changing rapidly. Products and applications that used to be completely separate are becoming almost interchangeable. Sweeping change lies ahead in voice and data telephony: the fixed-line telephone network faces new competition from...
Persistent link: https://www.econbiz.de/10005126023
One important determinant of the speed and success of transition will be the efficiency of transformation and development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring, user prices, and terms of access in these sectors,...
Persistent link: https://www.econbiz.de/10005134435
The current problems in mobile telephony are leading critics to make overly pessimistic predictions that 3G – the third-generation mobile phone system – will never become profitable. However, the resulting calls not to introduce 3G and instead directly back alternative wireless technologies...
Persistent link: https://www.econbiz.de/10005062459
The interest rate and the rate of economic growth are often regarded as roughly constant as economies grow. Moreover, the agricultural sector and rural population typically shrink. We show that an otherwise standard growth model that includes a backward and an advanced sector can account for...
Persistent link: https://www.econbiz.de/10005062745
This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...
Persistent link: https://www.econbiz.de/10005062763