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acting as a proxy for the (missing) market interest rate. Real output in the long run is shaped by oil exports through their … regularity conditions and assuming a Cobb Douglas production function, it is shown that (log) oil exports enter the long run … money balances, inflation, real exchange rate, oil exports, and foreign real output, the paper finds clear evidence for two …
Persistent link: https://www.econbiz.de/10003909263
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/10012119210
prices are likely to affect the energy sector, such as transport and equipment, which are the most dependent on oil. Third … and exporting countries. Specifically, we analyze the effects of oil prices on the consumer price index using monthly data …
Persistent link: https://www.econbiz.de/10014454468
emphasize the consumer benefits of trade due to lower prices, only 20-40% of survey respondents in most countries perceive such …We use data from the Pew Global Attitudes Survey to analyse how public attitudes towards trade have changed over time … in developed economies, and how these attitudes differ across groups in the population. Attitudes towards trade …
Persistent link: https://www.econbiz.de/10012588749
, and to offset their weaknesses by purchasing adequate goods on the market. Absent trade, people must allocate their time … of natural selection are made weaker because trade allows people to specialize in those activities where they are strong … alleles at all locations. Under trade, there exist long-run equilibria where less fit individuals are able to achieve the same …
Persistent link: https://www.econbiz.de/10011414433
international trade increasing competition and therefore the price elasticity of product demand, exporters are predicted to have …
Persistent link: https://www.econbiz.de/10009771744
strong though not definitive evidence of an ideological realignment in trade-exposed local labor markets that commences prior …, we find that trade exposed electoral districts simultaneously exhibit growing ideological polarization in some domains …-meaning expanding support for both strong-left and strong-right views-and pure rightward shifts in others. Specifically, trade …
Persistent link: https://www.econbiz.de/10012315433
The COVID-19 pandemic has disrupted trade and global value chains. Small open economies such as Portugal are … particularly vulnerable. In this paper we consider the impact of the pandemic on the country's exports, arguing that an export … Kingdom, France and Japan. We discuss the trade facilitation and industrial policy implications for utilizing these …
Persistent link: https://www.econbiz.de/10012316060
Unlike many countries, Egypt did not experience significant labor market improvements following trade liberalization …. In this paper, we build upon the earlier work of Robertson et al. (2021) to investigate why increased Egyptian exports … export expansion, this is not occurring at a large enough scale to be felt at the macro level. To seize the benefits of trade …
Persistent link: https://www.econbiz.de/10013414940
competition due to the dismantling of import quotas as China entered the World Trade Organization to show, first, that rising …-wage occupations due to trade compared to moving from mid- to low-wage occupations. Employing task content information of detailed …
Persistent link: https://www.econbiz.de/10014326825