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We investigate the relationship between GDP per capita, trade costs, demand, and income inequality between 1996 and 2011. Specifically we apply the aggregate AIDS-based gravity model as developed in Fajgelbaum and Khandelwal (2016) to a panel of 40 countries to generate a new measure of market...
Persistent link: https://www.econbiz.de/10012453593
market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend … significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …
Persistent link: https://www.econbiz.de/10012455944
In our European Economic Review (2002) paper, we used pre-1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a variety of empirical gravity models to estimate the...
Persistent link: https://www.econbiz.de/10012457134
Persistent link: https://www.econbiz.de/10000648520
This publication identifies the requirements for successful reallocation of labor and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it focuses on limiting adjustment costs for...
Persistent link: https://www.econbiz.de/10003137023
In light of the elimination of quantitative import restrictions under the WTO at the end of 2004, A New World Map in … the future of textiles and clothing around the world. This study provides a comprehensive analysis of the expected … facilitation agenda.” Carlos A. Primo Braga, Senior Adviser, International Trade Department, The World Bank …
Persistent link: https://www.econbiz.de/10012440915
Trade and Structural Adjustment: Embracing Globalisation identifies the requirements for successful reallocation of labour and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it...
Persistent link: https://www.econbiz.de/10012447547
The OECD Joint Group on Trade and Competition was established in 1996 to help deepen understanding of the complex issues arising at the interface of these two policy domains against a globalising backdrop and explore how best to ensure that both sets of policies are mutually supportive in...
Persistent link: https://www.econbiz.de/10012447916
This report synthesises the key findings and policy messages from recent OECD work on global value chains (GVCs) in agriculture and food. The food and agriculture sector is increasingly organised within GVC around a number of global hubs. Agro-food GVCs have broadened the gains from...
Persistent link: https://www.econbiz.de/10012249037
Persistent link: https://www.econbiz.de/10000602070