Showing 1 - 10 of 126
What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for...
Persistent link: https://www.econbiz.de/10012464507
This paper reviews the extent and policy implications of linkages between demographic changes and international factor mobility. Evidence is found of significant demographic effects on both migration and the current account, but for different reasons neither increased migration nor international...
Persistent link: https://www.econbiz.de/10012467742
This paper employs survival analysis to study the duration of US imports. We find that the median duration of exporting a product to the US is very short, on the order to two to four years. Our results also indicate that there is negative duration dependence meaning that if a country is able to...
Persistent link: https://www.econbiz.de/10012468761
) there are sizable spillovers across ports, as investing in one port can decongest a wider set of ports, suggesting that …Transportation infrastructure is vital for the smooth functioning of international trade. Ports are a crucial gateway … operate efficiently. Yet ports are susceptible to disruptions, causing costly delays. With enormous budgets spent on …
Persistent link: https://www.econbiz.de/10014544781
result, the demand for labour throughout the industrialized world. This generates increases in wages, employment and output …
Persistent link: https://www.econbiz.de/10012470962
Economists emphasize two channels through which import liberalization affects productivity, one operating between and the other within firms. According to the former, import competition triggers market share reallocations between domestic firms with different technological capabilities...
Persistent link: https://www.econbiz.de/10012464568
increases in inequality is substantially altered relative to a long-run factors mobile world. This conclusion applies both when …
Persistent link: https://www.econbiz.de/10012469444
This paper develops a structural VAR model to measure how a shock to one country can affect the GDP of other countries. It uses trade linkages to estimate the multiplier effects of a shock as it is transmitted through other countries' output fluctuations. The paper introduces a new specification...
Persistent link: https://www.econbiz.de/10012470116
competitive world economy. Our method is novel. The effect of border barriers on trade flows is often inferred from gravity models …
Persistent link: https://www.econbiz.de/10012470203
Examining the relationship between factor endowments and production patterns using international and Japanese regional data, we provide the first empirical confirmation of Ethier's correlation approach to the Rybczynski theorem. Moreover, we find evidence of substantial production indeterminacy....
Persistent link: https://www.econbiz.de/10012471998