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Gains and Losses of India-China Trade Cooperation - A Gravity Model Impact Analysis
Bhattacharya, Swapan K.; Bhattacharyay, Biswa N. - 2021
As revealed by the trade intensity indices, India and the People's Republic of China have significant bilateral trade … losses in imports of both India and China due to different preferential trading arrangements and free-trade arrangements … using the gravity model. Empirical results show that in the short run India's potential gain is relatively lower compared to …
Persistent link: https://www.econbiz.de/10013317091
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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 affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the effects of proximity and regional trade agreements...
Persistent link: https://www.econbiz.de/10012963770
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Trade and Currency Weapons
Bénassy-Quéré, Agnès - 2018
The debate on trade wars and currency wars has re-emerged since the Great recession of 2009. We study the two forms of non-cooperative policies within a single framework. First, we compare the elasticity of trade flows to import tariffs and to the real exchange rate, based on product level data...
Persistent link: https://www.econbiz.de/10012912691
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Substitutability and Protectionism : Latin America's Trade Policy and Imports from China and India
Facchini, Giovanni; Olarreaga, Marcelo; Silva, Peri A.; … - 2021
This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in … India can be explained by low substitutability with domestically produced goods. The data supports the extension to the …
Persistent link: https://www.econbiz.de/10013317170
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Institutions, Trade and Development : A Quantitative Analysis
Beverelli, Cosimo - 2018
We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...
Persistent link: https://www.econbiz.de/10012920756
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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
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Misreported Trade
Farhad, Mohammad - 2018
This paper introduces a methodology to measure misreported trade in a consistent way across countries and over time. Our methodology does not require any assumptions about which countries may be more or less likely to misreport – rather, all indices are derived endogenously with available...
Persistent link: https://www.econbiz.de/10012912374
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Skilled Worker Migration and Trade : Inequality and Welfare
Bougheas, Spiros - 2011
We develop a two-sector, two-country model where trade is driven by technological differences. Each country is populated by large number of heterogeneous workers distinguished by their level of skills. Given that one country has a technological advantage in the skilled intensive good when we...
Persistent link: https://www.econbiz.de/10013132017
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Top Incomes, Rising Inequality, and Welfare
Lansing, Kevin J. - 2012
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10013098333
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Green Skills
Vona, Francesco - 2015
The catchword ‘green skills' has been common parlance in policy circles for a while, yet there is little systematic empirical research to guide public intervention for meeting the demand for skills that will be needed to operate and develop green technology. The present paper proposes a...
Persistent link: https://www.econbiz.de/10013023123