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International Trade and Factor Mobility : An Empirical Investigation
Goldberg, Linda S. - 1999
Foreign Direct Investment (FDI) has been growing rapidly, at a pace far exceeding the growth in international trade. Thus, a full understanding of the relationship between trade in goods and FDI is important for obtaining a complete picture of the extent and sources of international linkages. We...
Persistent link: https://www.econbiz.de/10012471592
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Information and Globalization : Wage Co-Movements, Labor Demand Elasticity, and Conventional Trade Liberalization
Rauch, James E. - 2000
We model home country familiarity with business opportunities in a foreign country as a parameter in a matching process between domestic and foreign firms. We show that as familiarity increases the effect of relative national labor supplies on relative national wages declines, the elasticity of...
Persistent link: https://www.econbiz.de/10012471096
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The Dynamics of Comparative Advantage
Hanson, Gordon H. - 2015
This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling of the long-run behavior of comparative advantage. The starting point for our analysis is two strong empirical regularities in international trade that have previously been...
Persistent link: https://www.econbiz.de/10012456918
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US Trade and Wages : The Misleading Implications of Conventional Trade Theory
Edwards, Lawrence - 2010
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that … expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory … conventional theory to the assumption of incomplete specialization and find evidence that is not consistent with it. Since 1987 …
Persistent link: https://www.econbiz.de/10012462550
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International Trade and the Environment : A Framework for Analysis
Copeland, Brian R. - 2001
Heckscher-Ohlin-Samuelson factor endowments model. We draw quite heavily from trade theory, but develop a simple pollution …
Persistent link: https://www.econbiz.de/10012470178
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Liberalization and Incentives for Labor Migration : Theory with Applications to NAFTA
Markusen, James R. - 1997
One of the motivations for NAFTA from the US point of view was to reduce the" incentives for Mexican migration into the US. Unskilled rural males are a primary source of" illegal immigration and also Mexico's relatively abundant factor. This group should therefore" be made better off by trade...
Persistent link: https://www.econbiz.de/10012472579
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Were Trade and Factor Mobility Substitutes in History?
Collins, William J. - 1997
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows …
Persistent link: https://www.econbiz.de/10012472755
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Goods Trade, Factor Mobility and Welfare
Redding, Stephen J. - 2012
We develop a quantitative spatial model that incorporates a rich geography of trade and imperfect labor mobility between locations. We provide general results for the existence, uniqueness and comparative statics of the equilibrium. We show how the model can be used to undertake counterfactuals...
Persistent link: https://www.econbiz.de/10012460652
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The Economic Progress of Immigrants
Borjas, George J. - 1998
This paper presents a theoretical and empirical study of the economic progress experienced by immigrants in the U.S. labor market. The theoretical framework illustrates that the relationship between the entry wage of immigrants and the subsequent rate of wage growth depends on the technology of...
Persistent link: https://www.econbiz.de/10012472297
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Labor Mobility and Fiscal Coordination
Razin, Assaf - 1996
Using a human capital based growth model, we show the essential role of labor mobility and cross-country tax harmonization in equalizing income levels of countries that start off from different initial income positions. Knowledge spillovers cum labor mobility are the driving forces behind the...
Persistent link: https://www.econbiz.de/10012473431