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Comparative Advantage in (Non-)Routine Production
Archanskaia, Liza - 2020
We illustrate a new source of comparative advantage that is generated by countries' different ability to adjust to technological change. Our model introduces substitution of workers in codifiable (routine) tasks with more efficient machines, a process extensively documented in the labor...
Persistent link: https://www.econbiz.de/10012836713
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Import Competition, Heterogeneous Preferences of Managers, and Productivity
Chen, Cheng - 2020
may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially … unproductive. Productivity improvements are driven by family management as opposed to family ownership or non-managing family …
Persistent link: https://www.econbiz.de/10012843433
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Intra-industry adjustment to import competition : theory and application to the German clothing industry
Raff, Horst; Wagner, Joachim - 2009
face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …
Persistent link: https://www.econbiz.de/10010266034
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Phase Out Tariffs, Phase in Trade?
Besedes, Tibor - 2019
What causes U.S. trade with Mexico and Canada to continue growing faster, for up to a decade, relative to countries with which the U.S. does not have a free trade agreement? Baier and Bergstrand (2007) suggest that tariff phase-out and delayed pass-through of tariffs into import prices could...
Persistent link: https://www.econbiz.de/10012871646
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Trade Tariff, Wage Gap and Public Spending
Giuranno, Michele - 2019
This paper studies the interplay between the wage gap and government spending in a small open economy facing a shock in trade policy. We consider a specific factor model with an export sector, which uses skilled labour, and an import-competing sector, which uses unskilled labour. We find the...
Persistent link: https://www.econbiz.de/10012861427
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Intra-Bloc Tariffs and Preferential Margins in Trade Agreements
Ornelas, Emanuel; Tovar, Patricia - 2021
We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they form Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower preferential margins when the bloc takes the form of a free trade area...
Persistent link: https://www.econbiz.de/10013215677
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The Smoot-Hawley Trade War
Mitchener, Kris James; Wandschneider, Kirsten; … - 2021
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...
Persistent link: https://www.econbiz.de/10013236195
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Uncovered Power : External Agenda Setting, Sophisticated Voting, and Transnational Lobbying
Battilana, Silvia Console - 2021
Where does the balance of power lie in a policy - making institution with an external agenda setter, legislators, and lobbies? In a multiple round majority rule game with sophisticated actors, we show that the agenda setter obtains its most preferred policy outcome even if all lobbies and...
Persistent link: https://www.econbiz.de/10013316770
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Multi-Part Tariffs and Differentiated Commodity Taxation
D'Annunzio, Anna - 2020
We study commodity taxation in markets where firms, such as Internet Service Providers, energy suppliers and payment card platforms, adopt multi-part tariffs. We show that ad valorem taxes can correct underprovision and hence increase welfare, provided the government applies differentiated tax...
Persistent link: https://www.econbiz.de/10012847376
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Local Labor Market Effects of the 2002 Bush Steel Tariffs
Lake, James; Liu, Ding - 2022
President Bush imposed safeguard tariffs on steel in early 2002. Using US input-output tables and a generalized difference-in-difference methodology, we analyze the local labor market employment effects of these tariffs depending on the local labor market’s reliance on steel as an input and as...
Persistent link: https://www.econbiz.de/10014077197