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We empirically investigate the responsiveness of international trade to the stringency of environmental regulation. Stringent environmental regulation may impair the export competitiveness of ‘dirty’ domestic industries, and as a result, ‘pollution havens’ emerge in countries where...
Persistent link: https://www.econbiz.de/10011334844
dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a … classification is offered of various types of substitutability and complementarity relationships between production factors. It is … argued that the neoclassical production function may be consistent with mass balance, but is unsuitable for a detailed and …
Persistent link: https://www.econbiz.de/10011284067
In our increasingly interconnected and open world, international migration is becoming an important socio-economic phenomenon for many countries. Since the early 1980s, many studies have been undertaken of the impact of immigration on host labour markets. Borjas (2003) noted that the estimated...
Persistent link: https://www.econbiz.de/10011342561
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The paper applies Ricardo's principle of comparative advantage to analyze the substitutability between types of labor. The problem of having to classify labor in a small number of types in e.g. standard CES models are avoided by applying a continuum of worker and job types, where better skilled...
Persistent link: https://www.econbiz.de/10011301145
instead of a production function. The proposed definition coincides with the Hicksian measure in case the production function …
Persistent link: https://www.econbiz.de/10011337999
This paper presents results of a meta-regression analysis on empirical estimates of capital-energy substitution. Theoretically it is clear that a distinction should be made between Morishima substitution elasticities and cross-price elasticities. The former represent purely technical...
Persistent link: https://www.econbiz.de/10011349193
complementary , that production methods are flexible, and that the country undertaking out-sourcing has a significantIy different …
Persistent link: https://www.econbiz.de/10011327534
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