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We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011307111
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and … to 9% of world’s welfare and to 11% of world’s trade, unevenly distributed among winners and losers. Net exports of FDI …
Persistent link: https://www.econbiz.de/10011744931
into the global economy through trade and FDI inflows, China is seen as primarily manufacturing-lead growth with India as …, India-China bilateral trade has increased by a factor of 33 between 1995 and 2007, and this growth has occurred at an …In this paper we focus on the rapidly deepening bilateral India-China economic relationship. Each is deeply integrating …
Persistent link: https://www.econbiz.de/10010275020
analysis we attempt to emphasize the links and importance of transportation costs for the trade literature and we outline … avenues where we believe interdisciplinary contributions between the international trade and transportation economics fields …
Persistent link: https://www.econbiz.de/10011615912
show that, although international trade in a static setting in the wage fund framework has real asymmetric distributional … nullified in the dynamic setting. In fact, trade liberalization is Pareto improving along the balanced growth path. …
Persistent link: https://www.econbiz.de/10012657924
We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we … focus on the effects of Deep Trade Agreements (DTAs), and we rely on a structural framework that simultaneously enables us … effects on FDI; and (iii) obtain partial DTA effects on trade and quantify the impact of DTAs on FDI through trade. We obtain …
Persistent link: https://www.econbiz.de/10013427771
show that, although international trade in a static setting in the wage fund framework has real asymmetric distributional … nullified in the dynamic setting. In fact, trade liberalization is Pareto improving along the balanced growth path …
Persistent link: https://www.econbiz.de/10013217358
We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we … focus on the effects of Deep Trade Agreements (DTAs), and we rely on a structural framework that simultaneously enables us … effects on FDI; and (iii) obtain partial DTA effects on trade and quantify the impact of DTAs on FDI through trade. We obtain …
Persistent link: https://www.econbiz.de/10014244020
This paper develops a long run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the Dutch disease and the resource curse, which primarily focus on short run...
Persistent link: https://www.econbiz.de/10010326726
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the 'Dutch disease' and the 'resource curse', which primarily focuses on...
Persistent link: https://www.econbiz.de/10010281789