Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10009424793
This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are largely importable or the labor supply is sufficiently elastic, then natural-resource booms increase aggregate investment and worsen the current account, but Dutch ‘Disease’...
Persistent link: https://www.econbiz.de/10014400547
In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve foreign customers by exporting, or by producing abroad. We consider the case of...
Persistent link: https://www.econbiz.de/10014403090
Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export …
Persistent link: https://www.econbiz.de/10014404829
Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese … manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than … American exporters, who tend to price to domestic cost. Japanese firms seem to price discriminate between domestic, and export …
Persistent link: https://www.econbiz.de/10014395791
In this paper, the World Bank and the International Monetary Fund have drawn together available research findings on the benefits of trade liberalization as well as on the obstacles to trade-oriented development
Persistent link: https://www.econbiz.de/10014409867
Increased globalization - the international integration of markets forgoods, technology, labor, and capital - has coincided in the past 20years with a shift in demand from less-skilled workers to those with moreskills. Have imports from developing countries been responsible for thelowered wages...
Persistent link: https://www.econbiz.de/10015058164