Showing 1 - 10 of 12
The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline...
Persistent link: https://www.econbiz.de/10011281488
Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the top of policy agendas and created the impression that shortages would have been less severe if GSCs were either shorter and more domestic, or more diversified. But is this right? We start our answer by...
Persistent link: https://www.econbiz.de/10012660121
This paper takes a step towards formalizing the theoretical interconnections among four post-Industrial Revolution phenomena - the industrialization and growth take-off of rich northern' nations, massive global income divergence, and rapid trade expansion. Specifically, we present a...
Persistent link: https://www.econbiz.de/10012472347
Persistent link: https://www.econbiz.de/10000895778
-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar …
Persistent link: https://www.econbiz.de/10012462752
This paper tests whether trade in new goods is partially responsible for the pro-trade effects of the euro and provides a measure of the size of the effect. It works with a very large data set (about 16 million observations) covering twenty countries at the most disaggregated level of trade data...
Persistent link: https://www.econbiz.de/10012465988
Feedback mechanisms are the key to sequencing when it comes to regional integration; can mean that today's policy or institution alters the political-economy landscape in a way that makes it politically optimal for future governments to take further steps toward integration - even when these...
Persistent link: https://www.econbiz.de/10011283416
simple model is used to show that import competition may stimulate growth by reducing the market power of domestic innovators …. Specifically, import competition forces domestic innovators to chose between either quickening their pace of innovation or being … displaced by foreign innovators. The pro-growth effect of import competition is shown to be welfare-increasing. The paper …
Persistent link: https://www.econbiz.de/10012474934
(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find … export goods are substantially different across countries at the same HS 6-digit code …
Persistent link: https://www.econbiz.de/10012464335
Persistent link: https://www.econbiz.de/10000846632