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Economic growth and trade liberalization since the 1970s have led to rapid growth in exports from many developing …
Persistent link: https://www.econbiz.de/10005032833
. Second, country net exports in expensive and cheap labor commodity groups are regressed on country wages. Finally, country … net exports are regressed on an index of skilled-labor-intensiveness for high-wage, low-wage and intermediate …
Persistent link: https://www.econbiz.de/10005666823
This Paper estimates the cross-price elasticity of exports with respect to investment costs for bilateral relations … between 36 countries. We show that the effect of reducing foreign direct investment costs on exports depends on country … and trade costs are low, investment liberalization stimulates exports, whereas when countries are similar in terms of …
Persistent link: https://www.econbiz.de/10005666922
not lead to drastically different conclusions regarding the size of the price elasticity of demand for NIE exports. While … this points against the "small-country assumption" usually made regarding LDC/NIE exports, we argue that the preferred …
Persistent link: https://www.econbiz.de/10005281376
This paper examines optimal policy towards a home exporting firm which competes on price with a foreign firm. Two policy instruments are compared: an output subsidy and a price subsidy. The paper also considers two games: the conventional ex ante game, in which the government sets the value of...
Persistent link: https://www.econbiz.de/10005666446
restrictions on exports of Japanese cars to Community markets are modeled as having an anti-competitive effect. The model is …
Persistent link: https://www.econbiz.de/10005661483
The theoretical debate over whether countries can and should set tariffs in response to export elasticities goes back over a century to the writings of Edgeworth (1894) and Bickerdike (1907). Despite the optimal tariff argument's centrality in debates over trade policy, there exists no evidence...
Persistent link: https://www.econbiz.de/10005666427
international product market linkages. We begin with a novel decomposition of the growth in countries’ exports into the contribution …
Persistent link: https://www.econbiz.de/10005067391
This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...
Persistent link: https://www.econbiz.de/10005504220
The 1980s have seen the beginnings of a change of heart among developing country policymakers, as the import-substitution consensus of the previous decade has all but evaporated. It is paradoxical that the 1980s should have become the decade of trade liberalization in LDCs, since this has also...
Persistent link: https://www.econbiz.de/10005281315