Showing 1 - 9 of 9
multilateral cooperation when countries are linked by international trade flows and transboundary pollution. …
Persistent link: https://www.econbiz.de/10005583073
Innovative activity is highly concentrated in a handful of advanced countries. These same countries are also the major exporters of capital goods to the rest of the world. We develop a model of trsde in capital goods to assess its role spreading the benefits of technological advances.
Persistent link: https://www.econbiz.de/10005478435
This paper argues that previous empirical work on the explanation for Hong Kong's export Growth, by focusing on the values of the estimated price and income elasticities, has failed to provide a full account. It is necessarily also to look at changes in the explanatory variables in the model,...
Persistent link: https://www.econbiz.de/10005583049
decades. We argue that pervasive skill biased technological change rather than increased trade with the developing world is …
Persistent link: https://www.econbiz.de/10005245466
conflicts. Trade and democracy are traditionally thought of as goods, both in themselves, and because they reduce the …
Persistent link: https://www.econbiz.de/10005747064
We examine the endogenous formation of trade blocs when markets are characterized by imperfect competition and … simple model of intra-industry trade between three ex-ante symmetric countries, we find that, while 'pure' customs unions … - entailing tariff cooperation only - are stepping stones towards global free trade, 'impure' customs unions - involving the …
Persistent link: https://www.econbiz.de/10005747071
This paper illustrates that an international permit trading system may hurt relatively poor countries by making associated economic activities unaffordable. A model is constructed in which the free market solution is Pareto inefficient as a result of pollution. The introduction of tradable...
Persistent link: https://www.econbiz.de/10005747178
Fluctuations in the terms of trade-the price of a country's exports relative to the price of its imports-are a source … of perennial to policymakers in developing countries and industrialized nations alike. Terms of trade growth is extremely … fluctuations in the terms of trade. We decompose a country's terms of trade volatility into a component stemming from differences …
Persistent link: https://www.econbiz.de/10005630912
Our recent work examines the links among innovations, technology, trade, and growth. One strand focuses on research … activity, technology diffusion, and growth. The other examines technology and trade. In this paper we exploit the common … treatment of technology in these two strands to provide a parsimonious model of innovation, growth and trade. …
Persistent link: https://www.econbiz.de/10005663804