Showing 1 - 10 of 62
The objective of the paper is to study Russia's pattern of specialisation in the manufactures trade since 1998. Russia … differentiated according to Russia's main trading partners: the European Union (EU), the Commonwealth of Independent States (CIS) and …-industry trade), we show that Russia is globally disadvantaged in the manufactures trade vis-à-vis the EU and China, and advantaged …
Persistent link: https://www.econbiz.de/10008790510
In the present paper, we consider a two-country, two-good, two-factor general equilibrium model with CIES non-linear preferences, asymmetric technologies across countries and decreasing returns to scale. It is shown that aggregate instability and endogenous fluctuations may occur due to...
Persistent link: https://www.econbiz.de/10010933835
This paper studies the impacts and determinants of trade policy. I use data on applied tariff protection of world countries over 2001-2007 to estimate sector-level trade elasticities. I then calibrate a structural gravity model of world trade. I compute the impacts of trade agreements which were...
Persistent link: https://www.econbiz.de/10010933852
Import price elasticity tends to be under-estimated due to the omission of quality effects. This dissertation aims to fill this gap by analyzing 1) how quality effects affect the estimation of import price elasticity, 2) the impact of quality innovation in the various goods sectors of an economy...
Persistent link: https://www.econbiz.de/10009372658
The empirical U-shaped pattern between product diversification and economic development has been widely examined, but here we analyze the determinants of diversification. We find that a high level of rent-seeking activities has a large impact on the diversification of nations : in countries...
Persistent link: https://www.econbiz.de/10010549111
This paper analyses empirically the role of financial market imperfections in the way countries' exports react to a currency depreciation. Using quarterly data for 27 developed and developing countries over the period 1990-2005, we find that the impact of a depreciation on exports will be less...
Persistent link: https://www.econbiz.de/10010750638
Estimations of gravity equations specified in logarithm generally conclude that the distance elasticity of trade has increased over time despite globalization. In contrast, building on Santos Silva and Tenreyro (2006), this elasticity is estimated to have been stable around 0.65-0.70 since the...
Persistent link: https://www.econbiz.de/10010750979
This article presents a theory of aid as trade. I assume that aid is a payment for an invisible export of strategic services to a large donor country seeking diplomatic goodwill and exclusive strategic use of a small country's territory, oceanic space and airspace. In a formal two countries-two...
Persistent link: https://www.econbiz.de/10010757583
A computable general equilibrium model is applied to evaluate the opportunity costs of not adopting Bt cotton, a genetically-modified (GM) insect resistant cotton, in Benin, Burkina- Faso, Mali, Senegal, Togo, Tanzania, and Uganda when it is adopted in other countries. Our model uniquely employs...
Persistent link: https://www.econbiz.de/10010899543
This paper aims at reviewing the literature on international trade and sustainability. In the neoclassical sense sustainability is interpreted as the imperative to maintain constant consumption over time. The literature provides several indicators to assess sustainability empirically....
Persistent link: https://www.econbiz.de/10010899591