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The Changing Relative Price of Skill-Intensive Goods America than in Asia?
Gäckle, Christian; Schustereder, Ingmar; Waeger, Patricia - Institut für Weltwirtschaft (IfW) - 2006
Based on the conceptual results of Findlay, Grubert (1959) and Krugman (2000) we analyze the movement of the relative price of skill-intensive goods under skill-biased technological change and the countervailing effect of increasing world-wide supply of low-skilled-labor. While the labor supply...
Persistent link: https://www.econbiz.de/10005566168
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Can trade really hurt? An empirical follow-up on Samuelson's controversial paper
Bitzer, Jürgen; Görg, Holger; Schröder, Philipp - Institut für Weltwirtschaft (IfW) - 2008
This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for sitations with outward knowledge spillovers. Within this framework Samuelson's "Act II" effects may occur....
Persistent link: https://www.econbiz.de/10005566209
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The export-productivity link for Brazilian manufacturing firms
Cirera, Xavier; Lederman, Daniel; Máñez, Juan A.; … - Institut für Weltwirtschaft (IfW) - 2015
This paper explores the link between exports and total factor productivity (TFP) for Brazilian manufacturing firms over … the period 2000-2008, both under the assumption of an exogenous or an endogenous law of motion for productivity. The … law of motion for productivity, which reinforces the importance of accounting for firm export status to study the …
Persistent link: https://www.econbiz.de/10011263003
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Export behaviour of SMEs in the Swedish computer service industry
Falk, Martin; Hagsten, Eva - Institut für Weltwirtschaft (IfW) - 2015
. Estimates based on the conditional logit model show a significantly positive relationship between initial labour productivity … probability to export and initial labour productivity is low once firm effects are controlled for. Surprisingly, the impact of … labour productivity on exporting does not differ between micro enterprises and the remaining SMEs (10-249 employees …
Persistent link: https://www.econbiz.de/10011203166
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Trade, Education, and The Shrinking Middle Class
Blanchard, Emily; Willmann, Gerald - Institut für Weltwirtschaft (IfW) - 2013
We develop a new model of trade in which educational institutions drive comparative advantage and determine the distribution of human capital within and across countries. Our framework exploits a multiplicity of sectors and the continuous support of human capital choices to demonstrate that...
Persistent link: https://www.econbiz.de/10010886979
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Trade Liberalization and Wage Inequality: New Insights from a Dynamic Trade Model with Heterogeneous Firms and Comparative Advantage
Lechthaler, Wolfgang; Mileva, Mariya - Institut für Weltwirtschaft (IfW) - 2013
We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that trade liberalization increases wage inequality both in the...
Persistent link: https://www.econbiz.de/10010887016
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Potential trade distortion effects of state trading enterprises under the tariff-rate quota scheme
Yoon, Jung-Hyun; Lim, Song Soo - Institut für Weltwirtschaft (IfW) - 2013
The paper analyzes the potential trade distortion effects of state trading enterprises (STEs) on soybean imports to Korea. Traditionally, STEs have exercised exclusive rights to import the so-called strategic products, to ensure food security, domestic price stabilization, and import mark-ups....
Persistent link: https://www.econbiz.de/10010956069
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Smoothing the adjustment to trade liberalization
Lechthaler, Wolfgang; Mileva, Mariya - Institut für Weltwirtschaft (IfW) - 2014
We use a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to analyze economic policy meant to compensate the losers of trade liberalization and reduce the ensuing wage inequality. We consider several...
Persistent link: https://www.econbiz.de/10011277152
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Why "Buy American'' is a Bad Idea but Politicians Still Like it
Larch, Mario; Lechthaler, Wolfgang - Institut für Weltwirtschaft (IfW) - 2009
When the world economy was recently hit by a severe recession, governments all over the world reacted by initiating stimulus packages. Some countries (among them, most notably, China and the US) tried to put special emphasis on their home industries by including ``Buy local'' clauses into the...
Persistent link: https://www.econbiz.de/10008458433
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Notes on Factor Price Equality and Biased Technical Change in a Two-Cone Trade Model
Becker, Daniel; Gundlach, Erich - Institut für Weltwirtschaft (IfW) - 2006
We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for endogenous commodity prices, we find that economic...
Persistent link: https://www.econbiz.de/10005755277