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We investigate the relationships among trade, foreign direct investment and the real exchange rate between a set of Southeast Asian and Latin American countries and both the United States and Japan. Foreign direct investment by both Japan and the United States to the Southeast Asian countries in...
Persistent link: https://www.econbiz.de/10012472472
We explore the relationship between greater exposure to trade (as measured by openness) and child labor in a cross country setting. Our methodology accounts for the fact that trade flows are endogenous to child labor (and labor standards more generally) by examining the relationship between...
Persistent link: https://www.econbiz.de/10012468377
We study how international trade affects manufacturing employment and the relative wage of unskilled workers when goods and services are traded with different intensities. Manufacturing trade reduces manufacturing prices worldwide, which reduces manufacturing employment if manufactures and...
Persistent link: https://www.econbiz.de/10012455178
Persistent link: https://www.econbiz.de/10000108608
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...
Persistent link: https://www.econbiz.de/10012471782
This paper looks at the patterns of causation between income, export, import, and investment growth for 25 developing countries. Our approach differs from previous efforts in a number of ways. First, we examine each country individually in order to allow for complete heterogeneity and properly...
Persistent link: https://www.econbiz.de/10012471951
decades. We argue that pervasive skill-biased technological change rather than increased trade with the developing world is … on their relative wages through world goods prices. In contrast, in the Heckscher-Ohlin model with small open economies …
Persistent link: https://www.econbiz.de/10012472648
In this paper I use a cross country data set to analyze the relationship between trade orientation, trade distortions and growth. I first develop a simple endogenous growth model that emphasizes the process of technological absorption in small developing countries. According to this model...
Persistent link: https://www.econbiz.de/10012475291
This paper compares U.S.-owned affiliates with other firms in developing countries with respect to the shifts in sales from home to export markets in response to the debt crisis of the early 1980s. The U.S. affiliates in heavily indebted countries increased their exports and the share of their...
Persistent link: https://www.econbiz.de/10012475619
long-run rate of growth of the world economy, and the long-run rate of technological diffusion. We also provide an analysis …
Persistent link: https://www.econbiz.de/10012476141