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Eaton, Jonathan - 2001

Innovative activity is highly concentrated in a handful of advanced countries. These same countries are also the major exporters of capital goods to the rest of the world. We develop a model of trade in capital goods to assess its role spreading the benefits of technological advances. Applying...

Persistent link: https://www.econbiz.de/10012470659

Unbalanced Trade

Dekle, Robert - 2007

We incorporate trade imbalances into a quantitative model of bilateral trade in manufactures, dividing the world into forty countries. Fitting the model to 2004 data on GDP and bilateral trade we calculate how relative wages, real wages, and welfare would differ in a counterfactual world with...

Persistent link: https://www.econbiz.de/10012465619

Trade, Offshoring, and the Invisible Handshake

Karabay, Bilgehan - 2009

integration of commodity markets (i.e., free trade) and international integration of factor markets (i.e., offshoring). In a two …-country, two-good, two-factor model we show that free trade and offshoring have opposite effects on rich-country workers. Free … trade hurts rich-country workers, while reducing the volatility of their wages; by contrast, offshoring benefits them, while …

Persistent link: https://www.econbiz.de/10012463601

Global Value Chains and Labor Standards : The Race-to-the-Bottom Problem

Im, Hye-jun; McLaren, John - National Bureau of Economic Research - 2023

We ask how globalization affects a government's incentives to set labor standards for its workers. In a stylized equilibrium model of global value chains, we find two contrasting results. First, each country chooses stricter labor standards with globalization than it would under autarky, because...

Persistent link: https://www.econbiz.de/10014322750

Foreign Direct Investment, Global Value Chains, and Labor Rights : No Race-to-the-Bottom?

Im, Hye-jun; McLaren, John - National Bureau of Economic Research - 2023

In a stylized model of multinational firms choosing host locations for their global value chains, host-country governments choose the strength of collective-bargaining rights that allow their workers to receive a share of the resulting quasi-rents. Each government must trade off the direct...

Persistent link: https://www.econbiz.de/10014322751

Looking for Local Labor Market Effects of NAFTA

McLaren, John - 2010

Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages. We look for effects of the agreement by industry and by geography, measuring each industry's vulnerability to Mexican imports, and each locality's dependance on vulnerable industries. We find evidence of both effects,...

Persistent link: https://www.econbiz.de/10012462122

Japanese and U.S. Exports and Investment as Conduits of Growth

Eaton, Jonathan - 1996

We develop a simple model of the choice between exploiting a technology in another country via export and via direct foreign investment. The model points to the destination country's size, level of technological sophistication, and distance from the source as factors in the decision. Moreover,...

Persistent link: https://www.econbiz.de/10012473405

Bilateralism and Regionalism in Japanese and U.S. Trade and Direct Foreign Investment Patterns

Eaton, Jonathan - 1995

We apply a modified 'gravity model' incorporating measures of factor endowments to analyze Japanese and U.S. bilateral trade flows and direct foreign investment positions with a sample of around 100 countries for the period 1985-1990. Country features that our analysis takes into account are...

Persistent link: https://www.econbiz.de/10012473842

A Dynamic Specific-Factors Model of International Trade

Eaton, Jonathan - 1984

In a dynamic economy land and capital serve not only as factors of production but as assets which individuals use to transfer income from workinq periods to retirement. Static models of international trade based on the specific-factors model incorporate only the first of these. Once the second...

Persistent link: https://www.econbiz.de/10012477607

The Margins of Trade

Eaton, Jonathan - 2019

We introduce quality differentiation and an extensive margin of products into a standard quantitative, general equilibrium model of international trade. Both the quality and the quantity of a product play a role in its contribution both to consumption and to production. The framework allows...

Persistent link: https://www.econbiz.de/10012480070