Narrow search
Showing 1 - 10 of 3,618
Cover Image
A model of trade with Ricardian comparative advantage and intra-sectoral firm heterogeneity
Fan, Haichao; Lai, Edwin L.-C.; Qi, Han - 2011
In this paper, we merge the heterogenous firm trade model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale,...
Persistent link: https://www.econbiz.de/10009375055
Cover Image
Multiproduct mergers and the product mix in domestic and foreign markets
Chan, Jackie M.L.; Irlacher, Michael; Koch, Michael - 2022
This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...
Persistent link: https://www.econbiz.de/10013186438
Cover Image
Short run gravity
Anderson, James E.; Yotov, Yoto V. - 2017
Short run gravity is a geometric weighted average of long run gravity and bilateral capacity. The model features (i) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of effcient investment in bilateral capacities, (iii) a structural ratio of short run...
Persistent link: https://www.econbiz.de/10011659435
Cover Image
Special and differential treatment for developing countries
Ornelas, Emanuel - 2016
Special and Differential Treatment for Developing Countries (SDT) constitutes a central feature of the GATT/WTO system. Its formal goal is to foster export-led growth in developing countries. Its theoretical foundations and empirical support are, however, weak at best. In particular, SDT...
Persistent link: https://www.econbiz.de/10011444497
Cover Image
Role of production networks in sustaining and rebalancing Asia's growth
Thorbecke, Willem; Bhattacharyay, Biswanath - 2012
In last few decades, Asian production networks have contributed significantly toward the rapid trade expansion and economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them to the People Republic of China (PRC) and ASEAN for...
Persistent link: https://www.econbiz.de/10009571750
Cover Image
Economic liberalization and savings rates
Mansori, Kashif S. - 2001
This paper considers the possibility that economic liberalization, by which is meant a reduction in tariffs, quotas, capital controls, and other government distortions of international transactions, may reduce private savings rates. A two stage approach is used to analyze a panel data set...
Persistent link: https://www.econbiz.de/10011397942
Cover Image
Agricultural exports, tariffs and growth
Azarnert, Leonid V. - 2014
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the product with a lower learning potential is lower than...
Persistent link: https://www.econbiz.de/10010231629
Cover Image
Diversification, Dutch disease, and economic growth : options for Uganda
Thorvaldur Gylfason; Nganou, Jean-Pascal Nguessa - 2014 - This Version: November 14, 2014
Natural resource discoveries, even when fairly modest in terms of the revenues they are expected to generate, can have significant macroeconomic effects and implications for the conduct of fiscal and monetary policy. In this respect, Uganda is no different from other oil-rich countries. In five...
Persistent link: https://www.econbiz.de/10010438361
Cover Image
An empirical growth model for major oil exporters
Esfahani, Hadi Salehi; Mohaddes, Kamiar; Pesaran, M. Hashem - 2012
-run output equation with a coefficient equal to the share of capital (á). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …
Persistent link: https://www.econbiz.de/10009518225
Cover Image
Tariff liberalization and trade integration of emerging countries
Disdier, Anne-Célia; Fontagné, Lionel Gérard; … - 2013 - This version: October 2013
We investigate how tariff liberalization has affected exporting in emerging countries. We use a highly disaggregated bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round and episodes of bilateral liberalization. Our...
Persistent link: https://www.econbiz.de/10010192075