Showing 1 - 10 of 2,473
The paper seeks to provide an overview of the present state of debate on trade, environment and the GATT for developing countries. Potential for green protectionism and relevant GATT rules are discussed in three areas: i) environmental product regulations including eco-labeling and other product...
Persistent link: https://www.econbiz.de/10014396257
This paper examines the effect of trade reform on wages and unemployment in a two-sector, three-good economy in which …, lowers wages in all production sectors in the short and the medium run but has an ambiguous effect on unemployment. Although … employment and production of exportables expand in the medium run, the unemployment rate may rise or fall depending on whether …
Persistent link: https://www.econbiz.de/10014398463
participation in the World Trade Organization, or, more controversially, some form of bilateral punishment, may be used …
Persistent link: https://www.econbiz.de/10014401239
Should a closed economy open its trade to all countries or limit itself to participation in regional trade agreements (RTAs)? Based on time-series evidence for a data set for 1950-92, this paper estimates and compares the growth performance of countries that liberalized broadly and those that...
Persistent link: https://www.econbiz.de/10014400671
This paper examines the changing nature of growth spillovers between developed economies, the North, and developing countries, the South, driven by the process of globalization?the phenomenon of rising international trade and financial flows. We use a comprehensive database of macroeconomic and...
Persistent link: https://www.econbiz.de/10014400886
All advanced economies have experienced a secular decline in the share of manufacturing employment—a phenomenon referred to as deindustrialization. This paper argues that, contrary to popular perceptions, deindustrialization is not a negative phenomenon, but is the natural consequence of the...
Persistent link: https://www.econbiz.de/10014401273
This paper shows that deindustrialization is explained primarily by trends internal to the advanced economies. These include the combined effects on manufacturing employment of a relatively faster growth of productivity in manufacturing, the associated relative price changes, and shifts in the...
Persistent link: https://www.econbiz.de/10014400831
We examine the extent to which developing countries that do little, if any, research and development themselves benefit from R&D that is performed in the industrial countries. By trading with an industrial country that has a large “stock of knowledge” from its cumulative R&D activities, a...
Persistent link: https://www.econbiz.de/10014398245
The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using … flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment … and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing …
Persistent link: https://www.econbiz.de/10014396903
We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981–2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a year...
Persistent link: https://www.econbiz.de/10014403912