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International Trade and Per Capita Income Convergence : A Difference-in-Differences Analysis
Slaughter, Matthew J. - 1998
In this paper I analyze whether international trade contributes to per capita income convergence across countries. The analysis focuses on four important post-1945 multilateral trade liberalizations. To identify trade's effect on income dispersion, in each case I use a difference-in-differences'...
Persistent link: https://www.econbiz.de/10012472251
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Economic Integration and Political Disintegration
Alesina, Alberto - 1997
Trade liberalization and political separatism go hand in hand. In a world of trade restrictions, large countries enjoy … economic benefits because political boundaries determine the size of the market. In a world of free trade and global markets …
Persistent link: https://www.econbiz.de/10012472651
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Free Trade, Growth, and Convergence
Ben-David, Dan - 1997
What is the impact on output of movement towards free trade? Can trade liberalization have a permanent effect on output levels, and more importantly, does it have an impact on steady-state growth rates? The model developed here emphasizes the role" that knowledge spillovers emanating from...
Persistent link: https://www.econbiz.de/10012472719
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The New Regionalism : Trade Liberalization or Insurance?
Perroni, Carlo - 1994
Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak Republics) contain significantly fewer concessions by the large countries to smaller countries than vice versa. Yet, it is small countries that have sought them and see...
Persistent link: https://www.econbiz.de/10012474308
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Bringing GATT into the Core
Kowalczyk, Carsten - 1993
This paper calculates international income transfers which implement a Pareto optimal trade equilibrium in a world …
Persistent link: https://www.econbiz.de/10012474616
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GATT, Dispute Settlement and Cooperation
Kovenock, Dan - 1992
This paper analyzes GATT and its dispute settlement procedure (DSP) in the context of a supergame model of international trade featuring both explicit and implicit agreements. An explicit agreement, such as GATT, may be violated at some positive cost in addition to retaliatory actions that might...
Persistent link: https://www.econbiz.de/10012474908
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Tariff Liberalization Policy and Financial Restrictions
Aizenman, Joshua - 1983
The purpose of this paper is to assess how restrictions on capital mobility affect adjustment to a tariff liberalization policy. This is done by comparing the adlustment process under free and restricted convertibility of foreign assets in a regime where the commercial exchange rate is pegged....
Persistent link: https://www.econbiz.de/10012477844
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Firm Entry, Trade, and Welfare in Zipf's World
Giovanni, Julian di - 2010
of the largest 50 economies in the world, a reduction in entry costs all the way to the U.S. level leads to an average …
Persistent link: https://www.econbiz.de/10012462344
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Trade, Growth and the Environment
Copeland, Brian R. - 2003
, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade … hampered by the lack of a common language and also suffered from little recourse to economic theory and empirical evidence. The … international trade. We critically review both theory and empirical work to answer three basic questions. What do we know about the …
Persistent link: https://www.econbiz.de/10012468875
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Borders and Growth
Spolaore, Enrico - 2002
negative effect through reduced openness vis-…-vis the rest of the world. We estimate the growth effects that would have …
Persistent link: https://www.econbiz.de/10012469486