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This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10011450834
(China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic … economic integration between China and India involving common neighbouring countries could be increasing. This paper discusses … the above subject in the context of possible areas of China - India economic cooperation and integration in the Eastern …
Persistent link: https://www.econbiz.de/10003113285
This paper revisits the hypothesis that landlocked regions are systematically poorer than regions with ocean access, using panel data for 1,527 subnational regions in 83 nations from 1950-2014. This data structure allows us to exploit within-country-time variation only (e.g., regional variation...
Persistent link: https://www.econbiz.de/10011750132
institutions implemented by the British, on disparity in present day development using district level data from India. Using …
Persistent link: https://www.econbiz.de/10012508730
given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained … unprecedented growth and economic development-PRC and India became the second and fourth largest economies of the world … from US$341 in 1990 to US$4,421 in 2010 whereas India posted a four times growth from US$384 in 1990 to US$1,342 in 2010 …
Persistent link: https://www.econbiz.de/10011444894
Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...
Persistent link: https://www.econbiz.de/10011398110
The United States introduced Federal Trade Adjustment Assistance (TAA) as part of the 1962 Trade Expansion Act to dampen the adverse impact of increased trade on workers. Applications to receive TAA require approval from the Department of Labor. Guided by the technical criteria used by the U.S....
Persistent link: https://www.econbiz.de/10011414675
This paper shows that governments have no incentive to introduce non-tariff barriers when they are free to set tariffs but they do when tariffs are determined cooperatively. We then show three results. First, with trade liberalization, there is a progression from u sing tariffs only to quotas,...
Persistent link: https://www.econbiz.de/10009781528
Traditional international trade models explain comparative advantage and describe aggregate gains for a country from trade and from terms-of-trade improvement but do not address the politics of international trade policy. A positive or predictive model that studies the politics of trade policy...
Persistent link: https://www.econbiz.de/10011646904
In this paper, we analyse the effects of a unilateral change in an emissions tax in a model of international trade with heterogeneous firms. We find a positive effect of tighter environmental policy on average productivity in the reforming country through reallocation of labour towards exporting...
Persistent link: https://www.econbiz.de/10012031007