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A factor augmentation formulation of the value of international trade

Bernhofen, Daniel M.; Brown, John Christopher - 2012

employments in 19th-century Japan permits us to apply this approach to answer the following counterfactual: What factor … 1865-1876? Over the entire period, we find that trade was revealed to be equivalent to a 5.5% increase in Japan's female …. -- gains from trade ; factor augmentation equivalent to trade ; natural experiment of Japan …

Persistent link: https://www.econbiz.de/10009570570

Do what you know and leave the rest to the experts : quantifying the gains from efficient trade

Larch, Mario; Meinen, Philipp; Nagengast, Arne J.; … - 2025

We develop and test a theory of efficient international trade. Efficiency gains arise through lower trade costs faced by ‘trade specialists’, whose superiority over ‘common traders’ manifests itself through lower trade costs. To test our theory, we construct and deploy a novel dataset...

Persistent link: https://www.econbiz.de/10015414141

The network origins of the gains from trade

Bosker, Maarten; Westbrock, Bastian - 2019

In this paper, we develop a network perspective on the welfare gains from trade in today's internationally fragmented supply chains. Towards this end, we study a Ricardian trade model featuring trade in final and intermediate products, and introduce a novel comparative statics approach to...

Persistent link: https://www.econbiz.de/10011986141

International trade and stable resolutions of resource disputes

Garfinkel, Michelle Robin; Syropoulos, Constantinos - 2022

We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset ﬁrst arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states' military capacities, but...

Persistent link: https://www.econbiz.de/10013419332

Interstate conflict and international trade

Garfinkel, Michelle Robin; Syropoulos, Constantinos - 2025

We provide a selective overview of the literature on the linkages between interstate conflict and international trade, paying special attention to how trade openness (i) affects arming incentives, (ii) the channels through which its effects travel, and (iii) its consequences for the emergence of...

Persistent link: https://www.econbiz.de/10015371928

Growth gains from trade

Marjit, Sugata; Basu, Anwesha; Veeramani, C. - 2019 - This Draft: October, 2019

This paper revisits the relationship between international trade and economic growth. We measure trade openness indices separately with respect to intermediate inputs and final goods and find that it is the former which turns out to be significant in explaining growth gains from trade. Using...

Persistent link: https://www.econbiz.de/10012120367

Gravity models and the law of large numbers

Jareb, Colin; Nigai, Sergey - 2020

minimal data requirements that allows estimation of intervals for the welfare gains from trade. …

Persistent link: https://www.econbiz.de/10012287305

International trade in general oligopolistic equilibrium

Neary, J. Peter - 2015

This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming "continuum-Pollak" preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small...

Persistent link: https://www.econbiz.de/10011406571

Trade and regional economic development

Bühler, Mathias - 2023

A central argument for trade liberalization is that when the 'gains from trade' are shared, countries see large gains in economic development. In this paper, I empirically evaluate this argument and assess the impact of elite capture on regional development. Africa provides a unique study ground...

Persistent link: https://www.econbiz.de/10013540848

Forensics, elasticities and Benford's law

Demir, Banu; Javorcik, Beata K. Smarzynska - 2018

Estimates of the trade elasticity based on actual trade policy changes are scarce, and the few that exist are all over the place. This paper offers a setting where an exogenous increase in a border tax can be used to estimate the trade elasticity. It shows theoretically and empirically that if...

Persistent link: https://www.econbiz.de/10011919464