Showing 1 - 10 of 28
This paper considers the appropriateness of using such quantitative measures as changes in the factor content of trade and the behavior of factor proportions within versus among industries to draw inferences about changes in relative factor prices. The conclusion reached is that only under...
Persistent link: https://www.econbiz.de/10012471781
This paper examines changes since the early 1960s in the export shares of the United States and its major competitors in the markets of the developing countries of the Asian Pacific Rim (APR), defined to include Hong Kong, Korea, Taiwan, Singapore, the Philippines, Malaysia, Thailand, Indonesia,...
Persistent link: https://www.econbiz.de/10012476861
This paper focuses on economists' understanding of the basic determinants of trade patterns and, in particular, on the manner in which these underlying factors change over time and are affected by various policies. A brief survey contrasts the determinants of the structure of trade emphasized by...
Persistent link: https://www.econbiz.de/10012477011
This paper examines various strategies that have been proposed for halting the recent drift toward protectionism and restoring a more liberal trading regime. A number of groups and individuals propose a multilateral approach aimed at immediately reducing all forms of import barriers and export...
Persistent link: https://www.econbiz.de/10012477024
The new protectionism threatening the international trading regime is related to significant structural changes in world production that have brought about a decline in the dominant economic position of the United States, a concomitant rise of the European Community and Japan to international...
Persistent link: https://www.econbiz.de/10012477254
The model of rent-seeking presented in this paper is consistent with the observation that labor and management in an industry almost always adopt the same position concerning the desirability of import protection versus trade liberalization. The paper also discusses the size of the returns to...
Persistent link: https://www.econbiz.de/10012477587
Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and important institutional changes in the international trading environment have caused policy officials in the advanced industrial nations to reconsider the proper mix of reactive...
Persistent link: https://www.econbiz.de/10012477773
This paper presents a comprehensive but relatively brief historical survey of U.S. trade-policy over the last 75 years. It is aimed at individuals who are not already familiar with the concepts and terminology used in discussions of trade policy and the domestic and international institutional...
Persistent link: https://www.econbiz.de/10012463252
There is still disagreement among economists concerning how a country's international economic policies and its rate of economic growth interact, despite a number of multi-country case studies utilizing comparable analytical frameworks, numerous econometric studies using large cross-country data...
Persistent link: https://www.econbiz.de/10012469121
This paper summarizes and assesses recent studies on the impact of current trends in trade and direct investment on employment and wages in OECD countries. The general conclusion is that such factors as changes in labour supplies, technology and demand are more important than changes in trading...
Persistent link: https://www.econbiz.de/10012473856