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Trade and the Distribution of Human Capital
Riezman, Raymond G.; Bougheas, Spiros - 2021
We develop a two-country, two-sector model of trade where the only difference between the two countries is their distribution of human capital endowments. We show that even if the two countries have identical aggregate human capital endowments the pattern of trade depends on the properties of...
Persistent link: https://www.econbiz.de/10013318467
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Trade and the distribution of human capital
Bougheas, Spiros P.; Riezman, Raymond - 2005
We develop a two-country, two-sector model of trade where the only difference between the two countries is their distribution of human capital endowments. We show that even if the two countries have identical aggregate human capital endowments the pattern of trade depends on the properties of...
Persistent link: https://www.econbiz.de/10010271817
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Trade Costs, Market Access and Economic Geography : Why the Empirical Specification of Trade Costs Matters
Bosker, Erik Maarten; Garretsen, Harry - 2021
Trade costs are crucial in new economic geography (NEG) models. The unavailability of actual trade costs data requires the approximation of trade costs. Most NEG studies do not deal with the ramifications of the particular trade costs specification used. This paper shows that the specification...
Persistent link: https://www.econbiz.de/10013316892
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The Intensive Margin in Trade
Fernandes, Ana M. - 2019
-distributed firm productivity and fixed costs of exporting, predicts that, conditional on the fixed costs of exporting, all variation … of firm productivity allows the Melitz model to successfully match the role of the intensive margin evident in the EDD … estimate a generalized Melitz model with a joint lognormal distribution for firm productivity, fixed costs and demand shifters …
Persistent link: https://www.econbiz.de/10012890632
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Fixed transport costs and international trade
Laussel, Didier; Riezman, Raymond - 2006
We develop a simple two country model of international trade that assumes that there is a fixed cost of doing international trade. We show that this leads to multiple equilibria that can be Pareto-ranked. We examine the stability properties of these equilibria.
Persistent link: https://www.econbiz.de/10010263950
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Individual attitudes towards immigrants: welfare-state determinants across countries
Facchini, Giovanni; Mayda, Anna Maria - 2006
This paper analyzes welfare-state determinants of individual attitudes towards immigrants - within and across countries - and their interaction with labor-market drivers of preferences. We consider two different mechanisms through which a redistributive welfare system might adjust as a result of...
Persistent link: https://www.econbiz.de/10010263954
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Recent regional agreements: why so many, why so much variance in form, why coming so fast, and where are they headed?
Whalley, John - 2006
Recent years have seen a sharp growth in the number of regional agreements both concluded and under negotiation. This paper attempts to document and discuss this growth focusing on US, EU, Chinese, Indian and other agreements. The form, coverage, and content of these agreements varies...
Persistent link: https://www.econbiz.de/10010263970
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Relativity in trade theory: towards a solution to the mystery of missing trade
Fisher, Eric O'N.; May, Sharon L. - 2006
Using OECD input output matrices consistently, we offer a tentative solution to the mystery of missing trade. First, we confirm the usual rejection of factor price equalization and identical technologies. Second, we develop a new technique to compute the factor content of trade when countries'...
Persistent link: https://www.econbiz.de/10010263995
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Understanding the latest wave and future shape of regional trade and cooperation agreements in Asia
Bhattacharyay, Biswanath - 2006
Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high growth rates, Asia is still facing considerable socio-economic challenges. If Asia is to reemerge as a major power in the global economy and in order for the region to...
Persistent link: https://www.econbiz.de/10010264025
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Euro effects on the intensive and extensive margins of trade
Flam, Harry; Nordström, Håkan - 2006
We estimate that the euro has increased trade within the eurozone by about 26 per cent and trade between the eurozone and outsiders by about 12 per cent on average for the years 2002- 2005 compared to 1995-1998. The percentage increases were smaller for products that were exported every year...
Persistent link: https://www.econbiz.de/10010264046