Showing 1 - 10 of 269
complexity and productivity, and technological sophistication is complementary to worker ability. We study the co …
Persistent link: https://www.econbiz.de/10010950772
marginal and average firm productivity are reversed in our model, yet there are significant gains from trade arising from … workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high …
Persistent link: https://www.econbiz.de/10005087447
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/10011227924
While neoclassical theory emphasizes the impact of trade on wage inequality between occupations and sectors, more …
Persistent link: https://www.econbiz.de/10011227960
Our paper integrates results from trade-in-task theory into mainstream trade theory by developing trade …-way offshoring/trade-in-tasks. …
Persistent link: https://www.econbiz.de/10008628412
A simple model of offshoring, which depicts offshoring as 'shadow migration,' permits straightforward derivation of … necessary and sufficient conditions for the effects on wages, prices, production and trade. We show that offshoring requires … modification of the four classic international trade theorems, so econometricians who ignore offshoring might reject the Heckscher …
Persistent link: https://www.econbiz.de/10005710098
rigidities and trade impediments in shaping welfare, trade flows, productivity, price levels and unemployment rates. We show that … higher total factor productivity and a lower price level, which operates against the standard Balassa-Samuelson effect. …
Persistent link: https://www.econbiz.de/10005829591
This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...
Persistent link: https://www.econbiz.de/10008534520
Is skill dispersion a source of comparative advantage? While it is established that a country's aggregate endowment of human capital is an important determinant of comparative advantage, this paper investigates whether the distribution of skills in the labor force can play a role in the...
Persistent link: https://www.econbiz.de/10005055445
This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign direct investment. It explains the motivation behind the development of new analytical frameworks, the nature of these frameworks, and the empirical studies that sprouted from them.
Persistent link: https://www.econbiz.de/10010796539