Showing 1 - 10 of 18
An economic interpretation of Epictetus's precept of 'Taking away aversion from all things not in our power' consists of extending the do- main of indifference beyond its boundaries under non-ethical preferences, so as to yield indifference between outcomes differing only on things out- side...
Persistent link: https://www.econbiz.de/10013545809
Climate challenge can be modelled as a multiplayer prisoner's dilemma where any ecological action - i.e., purchasing an electric car or adopting sustainable life styles - is a costly action in terms of economic resources, time, and effort for individuals. According to the well-known embedded...
Persistent link: https://www.econbiz.de/10013545826
This paper shows that trade and emigration of skilled workers from a poor country is complementary but that between … trade and emigration of unskilled workers is a substitute. The asymmetric effect of more openness to trade on the local …
Persistent link: https://www.econbiz.de/10012098854
This paper examines the impact of education, governance and North-South trade- and distance-related technology … preceding the Great Recession (1976-2007) in a new model that integrates models of trade-related and distance …-related international technology diffusion. Our model’s explanatory power is 38% (62%) greater than that of the main trade-related (distance …
Persistent link: https://www.econbiz.de/10012120103
period 1996-2004 and deploying GMMSYS estimates, this paper aims to establish the role played by trade, FDI and technology in …
Persistent link: https://www.econbiz.de/10012109320
Using a panel of MENA countries, this paper tries to examine the interaction between trade reforms and labor market … regulations on the outcome of the labor market. The theoretical predictions on this literature show that the effects of trade … liberalization in any given country are conditional on the nature of labor market regulations since trade liberalization is more …
Persistent link: https://www.econbiz.de/10012110502
trade contributes to economic growth, this could, in turn, impede economic development. Despite extensive literature on the … migration-trade nexus, there are few examples of policymakers highlighting the role of migration for internationalization. One …
Persistent link: https://www.econbiz.de/10012163436
I use data from the World Input-Output Database and show that trade in information technologies (IT) has a significant … of IT and has strongly contributed to the rise in trade in IT. The growth in IT imports from China is associated with … from the fall in IT prices can be attributed to the trade with China. …
Persistent link: https://www.econbiz.de/10012140022
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …
Persistent link: https://www.econbiz.de/10012150095
This paper examines the impact of North-South trade, education, governance and North-South distance, on technology … Great Recession (1976-2007). Findings are: i) TFP rises with education, trade, governance (ETG) and imports' R&D content …
Persistent link: https://www.econbiz.de/10012114029