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Considerable progress has been made in our understanding of the relationship between international trade and the environment since Gene Grossman and Alan Krueger published their now seminal working paper examining the potential environmental effects of the North American Free Trade Agreement in...
Persistent link: https://www.econbiz.de/10013210048
We use the dynamics of U.S. imports across goods in the period around the U.S.-China trade war with a model of exporter dynamics to estimate the dynamic path of the probability of transiting between Normal Trade Relations and a trade war state. We find (i) there was no increase in the likelihood...
Persistent link: https://www.econbiz.de/10014486241
We present an economic rationale for countries resorting to foreign influence to export their ideology to other nations. Our model incorporates two fundamental elements: redistribution of the tax burden between capital owners and workers, and international capital mobility. The model highlights...
Persistent link: https://www.econbiz.de/10014322786
This paper develops a framework to study the interplay between world trade and interest rates. The model incorporates … the response of the volume of world trade to changes in the interest rate into four components: (i) a labor productivity …
Persistent link: https://www.econbiz.de/10013537738
1980s, and, despite China's accession to the World Trade Organization (WTO) in 2001, changed little throughout the late …
Persistent link: https://www.econbiz.de/10012616570