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Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...
Persistent link: https://www.econbiz.de/10012105572
Persistent link: https://www.econbiz.de/10003624594
We review recent research linking international trade to the environment, with a focus on new results and methods. The …-style approach to trade and the environment, its full potential has not yet been exploited. We discuss existing empirical and …
Persistent link: https://www.econbiz.de/10011544125
The unbundling of trade across regions offers unique opportunities for SMEs to integrate into global trade notably … factoring has a positive effect in allowing SMEs to access international trade, in countries in which it is available. Factoring …
Persistent link: https://www.econbiz.de/10011521813
Recent trade theory in the Krugman (1980) tradition predicts that countries with larger market size enjoy higher levels … spending on inputs is affected by trade costs. However, in cross-country data, there is no such positive correlation between … is implicitly assumed in the usual formulation of aggregate CES production functions. Whether trade liberalization …
Persistent link: https://www.econbiz.de/10011375682
The paper develops a unified general equilibrium model including savings with overlapping generations, investment and search unemployment. Long-run analytical results for the small open economy identify capital accumulation as a prime transmission channel. The effects of integration on...
Persistent link: https://www.econbiz.de/10009781622
We study the effect of international trade and freeness of trade (openness) on interregional inequality within … on weighted trade shares and trade costs. In addition to the standard trade-to-GDP ratio, we derive and propose an … aggregate freeness-of-trade measure based on phiness of trade. Both measures are instrumented by proxies constructed from …
Persistent link: https://www.econbiz.de/10010354797
We investigate the empirical impact of violence as compared to other trade impediments on trade flows. Our analysis is … of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
Persistent link: https://www.econbiz.de/10011449640
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been … provision of schooling are typically lower in an open than in a closed economy. Moreover, we find that, under openness to trade …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10011450834
This paper develops an approach that allows constructing regional proxies of government effectiveness at a highly dis-aggregated level. Our idea builds on the well documented interdependence between institutions and exports, which allows estimating the latent government effectiveness using...
Persistent link: https://www.econbiz.de/10012138865