Showing 1 - 10 of 10
.0 percent of world population, implying 150 million deaths when applied to current population. Regressions with annual …
Persistent link: https://www.econbiz.de/10012839262
country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …
Persistent link: https://www.econbiz.de/10010261183
In this paper we build a model of trade in vertically differentiated products and find that income inequality can affect the demand for imports even in the presence of homothetic preferences. The empirical importance of changes in inequality on the demand for imports is then assessed by...
Persistent link: https://www.econbiz.de/10013316611
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change.
Persistent link: https://www.econbiz.de/10010264066
In this paper we build a model of trade in vertically differentiated products and find that income inequality can affect the demand for imports even in the presence of homothetic preferences. The empirical importance of changes in inequality on the demand for imports is then assessed by...
Persistent link: https://www.econbiz.de/10010264288
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to …
Persistent link: https://www.econbiz.de/10010274453
By combining two large data sets (on international trade flows and on mergers and acquisitions – M&As), we are able to test two implications of Neary's (2003, 2004a) recent theoretical work. Analyzing M&As in a General Oligopolistic Equilibrium (GOLE) model incorporating strategic interaction...
Persistent link: https://www.econbiz.de/10010275774
Using a detailed and large data set on cross-border merger and acquisitions we discuss the relationship between theory …
Persistent link: https://www.econbiz.de/10010275794
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...
Persistent link: https://www.econbiz.de/10010277354
Following Turkey’s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly covering trade in manufacturing goods and processed agricultural products, came into effect in 1995. In addition to a large agricultural sector, Turkey also specializes in the...
Persistent link: https://www.econbiz.de/10010261340