Showing 1 - 10 of 40
a nation larger benefi ts from international trade than simple exports. What determines the complex exports? While the …
Persistent link: https://www.econbiz.de/10005005772
The paper studies the determinants of the factor content in the EU foreign trade. The theoretical model relaxes several …-Ohlin model. Based on the agricultural production and trade data for the Central and East European (CEE) EU member states, we … transaction costs and market imperfections to the factor content of trade, we find that the first two hypotheses are confirmed by …
Persistent link: https://www.econbiz.de/10008852066
This study surveys U.S. manufacturing intra-industry trade with 12 countries along the Asian Pacific Rim during the … period 1990-2003. While the U.S. total trade with China grew by 802% surpassing the rest of APR countries, we see a negative … growth of 1.64% in manufacturing intra-industry trade. Hong Kong, Malaysia, Singapore and Thailand also see a negative growth …
Persistent link: https://www.econbiz.de/10004987118
In this paper, drawing on international trade theory, I derive the asymptotic relation that holds for oligopolists’ iso …
Persistent link: https://www.econbiz.de/10010991503
The paper reports the empirical results of the validation of the Stochastic Production Frontier (SPF) Model to an unbalanced panel comprising a crosssection of 8 manufacturing industries over a time span of 26 years The results provide insights on the repercussions of the macro-economic reform...
Persistent link: https://www.econbiz.de/10010991510
In the world trading system there has been an increase in unilateral trade and bilateral trade of differentiated … products. However, the main trade theories have difficulties providing an explanation for unilateral trade. We show that profit … seeking abroad by merchants or countries originates trade, and argue that profit, and profit and externalities are a basis for …
Persistent link: https://www.econbiz.de/10008493117
The study analyses the long run equilibrium and short run dynamic relationship among real exports, real imports and real income in India for the period 1951-52 to 1995-96. The long run relationship is examined using both the Engle-Granger (1987) two-step and the Johansen (1991)...
Persistent link: https://www.econbiz.de/10008482004
trade, economies specializing in the modern productions have full employment and high growth rates, while countries …
Persistent link: https://www.econbiz.de/10008482021
increase in real wages. The recurrent explanations of this phenomenon build on the weakness of labour trade unions due to a … a progressive growth of the bargaining power of labour trade unions. However, the empirical evidence shows that the … strength of labour trade union (measured, at least, as number of members) decreased for all the 1950s. Notwithstanding, the gap …
Persistent link: https://www.econbiz.de/10008482023
Application of a simple mode! of international trade to analysis of the effects of agricultural tariffs on the welfare … of nations shows that a nation producing less than its trade partner is always strictly better off when equilibrium … tariffs are imposed than under free trade, which is therefore not sustainable. …
Persistent link: https://www.econbiz.de/10008482033