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The various channels through which a reduction in the cost of offshoring can improve wages in a developed country are by now well understood. But does a similar reduction in the offshoring cost also benefit workers in the world's factories in developing countries? Using a parsimonious...
Persistent link: https://www.econbiz.de/10011480815
downstream as an integral part of trade agreements. …
Persistent link: https://www.econbiz.de/10013471205
We present a general equilibrium analysis of biofuel subsidies in an open-economy context. In the small-country case, when a Pigouvian tax on conventional fuels such as crude is in place, the optimal biofuel subsidy is zero. When the tax on crude is not available as a policy option, however, a...
Persistent link: https://www.econbiz.de/10003920242
Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by export price increases (trading gains) rather than export...
Persistent link: https://www.econbiz.de/10009408694
The home market effect (HME) is a distinguishing feature of the newʺ theory of international trade, but it is uncertain whether this effect survives if one moves beyond the simplifying setup with only two countries. We present a three-country version of the seminal model by Krugman (1980) and...
Persistent link: https://www.econbiz.de/10002551226
This paper augments the existing literature on trade and child labor by exploring the effects of terms of trade changes in the context of a three good general equilibrium model, where one of the goods is a non-traded good. We find that under quasi-linear preferences the effect of the terms of...
Persistent link: https://www.econbiz.de/10002658230
This paper examines the relative contribution of openness and the R&D content of trade to TFP growth for North-South trade-related technology diffusion. The measure of foreign R&D used in the literature on trade-related technology diffusion imposes identical contributions of openness and the R&D...
Persistent link: https://www.econbiz.de/10003661550
This paper empirically examines the widespread belief that voluntarily negotiated agreements produce better long …
Persistent link: https://www.econbiz.de/10010342436
, although it signed several trade agreements. The lack of trade-related improvements in labor market outcomes - including … two possibilities. First, it is possible that trade agreements did not produce the same increase in trade for Egypt as for … hypotheses. Using a gravity model approach, the results suggest that the changes in Egypt's exports following trade agreements …
Persistent link: https://www.econbiz.de/10012519276
Using provisions to ease the movement of business visitors in trade agreements, we show that removing barriers to the … movement of business people promotes trade. We document the increasing complexity of Free Trade Agreements and develop an …
Persistent link: https://www.econbiz.de/10014486333