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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
of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …
Persistent link: https://www.econbiz.de/10012459690
Recent medical research shows that health is highly influential for learning and the ability to think laterally; however, past economic studies have failed to empirically examine the influence of health on learning, schooling, and ideas production; the main drivers of growth in endogenous growth...
Persistent link: https://www.econbiz.de/10012460199
) 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
Global climate change mitigation will require the development and diffusion of a large number and variety of new technologies. How will patent protection affect this process? In this paper we first review the evidence on the role of patents for innovation and international technology transfer in...
Persistent link: https://www.econbiz.de/10012462333
Reducing emissions of the greenhouse gases that cause climate change will require dramatic changes in the way that energy is produced and consumed. The cost of technological changes such as alternative energy sources and improved energy efficiency will play a large role in determining the...
Persistent link: https://www.econbiz.de/10012462979
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