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International Trade and Unemployment : A Quantitative Framework

Heid, Benedikt; Larch, Mario - 2021

Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...

Persistent link: https://www.econbiz.de/10013315832

Unemployment in an Interdependent World

Felbermayr, Gabriel - 2010

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...

Persistent link: https://www.econbiz.de/10013150804

Transatlantic Free Trade : The View Point of Germany

Felbermayr, Gabriel - 2015

The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have strong economic effects on Germany. In this paper, we...

Persistent link: https://www.econbiz.de/10013030304

The Surprisingly Swift Decline of U.S. Manufacturing Employment

Pierce, Justin R.; Schott, Peter K. - 2021

This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment...

Persistent link: https://www.econbiz.de/10013315642

Globalization and State Capitalism : Assessing Vietnam's Accession to the WTO

Baccini, Leonardo - 2017

What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...

Persistent link: https://www.econbiz.de/10012947908

Global Gains from Trade Liberalization

Fan, Haichao - 2012

What has been the overall global welfare impact of the accession to the World Trade Organization of a large country like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a simple user-friendly formula to calculate the global...

Persistent link: https://www.econbiz.de/10013108084

Did Globalization Influence Credit Market Deregulation?

Eppinger, Peter S. - 2015

We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …

Persistent link: https://www.econbiz.de/10013021420

Distance, Globalization, and International Trade

Borchert, Ingo - 2017

For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …

Persistent link: https://www.econbiz.de/10012963770

Trade and Investment in the Global Economy

Anderson, James E. - 2017

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 technology capital in transition to the steady state....

Persistent link: https://www.econbiz.de/10012947623

Trade Linkages and the Globalisation of Inflation in Asia and the Pacific

Auer, Raphael A. - 2014

Some observers argue that increased real integration has led to greater co-movement of prices internationally. We examine the evidence for cross-border price spillovers among economies participating in the pan-Asian cross-border production networks. Starting with country-level data, we find that...

Persistent link: https://www.econbiz.de/10013054011