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the positive effect of liberalization on productivity when they do not account for the endogeneity bias. On the theory …"There is a growing literature that investigates the effect of trade liberalization on productivity. Nearly all such … studies assume that trade policy is determined independently of productivity, hence it is exogenous. The author shows that …
Persistent link: https://www.econbiz.de/10010522136
Iraq was plunged into two simultaneous crises in the second half of 2014, one driven by a sharp decline in oil prices, the other, by Islamic State militants. Since June 2014, crude oil prices per barrel have fallen from around 112 USD to 97 USD in September and 62 USD by December. Given Iraq's...
Persistent link: https://www.econbiz.de/10012644515
"The authors use a panel of manufacturing firms to analyze the adjustment process in capital blue collar and white collar employment in Uruguay during a period of trade liberalization when average tariff protection fell from 43 to 14 percent. They calculate the desired factor levels arising from...
Persistent link: https://www.econbiz.de/10010522169
"Since the early 1980s the Philippines has undertaken substantial trade reform. The current Doha Round of World Trade Organization (WTO) negotiations is now likely to bring further reform and shocks to world import prices and export demand. The impact of all these developments on the poor is not...
Persistent link: https://www.econbiz.de/10010522462
Dixit-Stiglitz endogenous productivity effects from liberalization of import barriers against goods and FDI in services. The …
Persistent link: https://www.econbiz.de/10010522475
"This paper examines whether the Sub-Saharan African economies could gain from multilateral trade reform in the presence of trade preferences. The World Bank's LINKAGE model of the global economy is employed to examine the impact first of current trade barriers and agricultural subsidies, and...
Persistent link: https://www.econbiz.de/10010522584
"What is the effect of trade liberalization on households in developing countries? To what extent do the poor benefit when local markets are made more accommodative to international trade? The author empirically analyzes the distributional impact of trade policies on households in a low-income...
Persistent link: https://www.econbiz.de/10010522658