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Real Exchange Rate, Foreign Trade and Employment: Evidence from China

Zeng, Xiangquan; Yuxue, Cui; Shisong, Qing; Yumei, Yang - Institute for the Study of Labor (IZA) - 2011

Coordination of macro-economic development and employment is an essential issue for China's social development, which …

Persistent link: https://www.econbiz.de/10009283572

The Rise of the East and the Far East: German Labor Markets and Trade Integration

Dauth, Wolfgang; Findeisen, Sebastian; Suedekum, Jens - Institute for the Study of Labor (IZA) - 2012

We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe …

Persistent link: https://www.econbiz.de/10011168619

International Trade and its Effects on Economic Growth in China

Sun, Peng; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2010

the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy … that China has taken in favor of trade sectors. In addition, China's international trade performance is analyzed …

Persistent link: https://www.econbiz.de/10008611315

Are US Wages Really Determined by European Labor-Market Institutions?

Meckl, Jürgen - Institute for the Study of Labor (IZA) - 2005

This paper integrates institutionally determined wage rigidities into an otherwise standard Heckscher-Ohlin model of international trade. It accounts for differences in individual productivities and their implications for individual wage incomes and demand for education. Although preserving the...

Persistent link: https://www.econbiz.de/10005762382

Ethnic Networks and International Trade

Epstein, Gil S.; Gang, Ira N. - Institute for the Study of Labor (IZA) - 2004

There is a well-established high quality literature on the role of networks, particularly ethnic networks, in international trade. Ethnic networks are a way of overcoming informal barriers (information costs, risk and uncertainty) to trade by building trust and substituting for the difficulty of...

Persistent link: https://www.econbiz.de/10005763717

National Champion versus Foreign Takeover

Suedekum, Jens - Institute for the Study of Labor (IZA) - 2007

We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...

Persistent link: https://www.econbiz.de/10005763853

How Outsourcing Affects Bilateral Political Relations

Polachek, Solomon W. - Institute for the Study of Labor (IZA) - 2004

One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L’Esprit des Lois, argued, “peace is...

Persistent link: https://www.econbiz.de/10005822680

Employment, Exchange Rates and Labour Market Rigidity

Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Institute for the Study of Labor (IZA) - 2010

There is increasing evidence that the interaction between shocks and labour market institutions is crucial to understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model affects the impact of exchange rate movements on...

Persistent link: https://www.econbiz.de/10008536005

Intra-Industry Adjustment to Import Competition: Theory and Application to the German Clothing Industry

Raff, Horst; Wagner, Joachim - Institute for the Study of Labor (IZA) - 2009

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a fall in output, mark-ups and profits, and the...

Persistent link: https://www.econbiz.de/10008497005

Greasing the Wheels of International Commerce: How Services Facilitate Firms' International Sourcing

Debaere, Peter; Görg, Holger; Raff, Horst - Institute for the Study of Labor (IZA) - 2010

We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...

Persistent link: https://www.econbiz.de/10008480922