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exogenous to Bangladesh, we instrument export demand with OECD imports to ensure identification. We compare estimates of the …-run, general-equilibrium neoclassical trade theory. As in other studies, we find that the export shock was localized both in terms …This paper studies how a positive export shock - the sharp increase in garment-sector exports that began at the end of …
Persistent link: https://www.econbiz.de/10012838506
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/10012989829
Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of …
Persistent link: https://www.econbiz.de/10013087872
global supply chain. We show how a rise in local contents embodied in imports can skew national trade policy preferences, and …This paper unpacks the role of the domestic content of imports as a novel source of policy interdependence along the … pull upstream and downstream countries in asymmetric ways with respect to (i) the nature of unilaterally optimal trade …
Persistent link: https://www.econbiz.de/10014240776
increase in apparel export prices, consistent with trade theory, and that the change estimated with a cross-section IV approach … language of trade theory, are the benefits from exporting industry specific or factor specific? To analyze this question, we …-female wage gap surrounding an exogenous policy change in the European Union that corresponded to a discrete increase in apparel-export …
Persistent link: https://www.econbiz.de/10014081266
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our … analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which …, symmetric trade liberalization is immiserizing for a trading partner whose business conditions are inferior. Third, there are …
Persistent link: https://www.econbiz.de/10013134819
trade and wages across types of products. In particular, firms that increase their exports (imports) of high- (intermediate …The analysis of the effects of firm-level international trade on wages has so far focused on the role of exports, which … are also typically treated as a composite good. However, we show in this paper that firm-level imports can actually be a …
Persistent link: https://www.econbiz.de/10013153015
This paper analyzes immigration and outsourcing in a general-equilibrium model of international factor mobility. In our model, legal immigration of skilled labor is controlled through a quota, while outsourcing is determined both by the firms in response to market conditions and through...
Persistent link: https://www.econbiz.de/10012778661
complementarity in a general-equilibrium trade model with heterogeneous, monopolistically competitive firms, extending Melitz (2003 …. The predicted and observed correlations between export status and input and output prices are similar to those for plant …
Persistent link: https://www.econbiz.de/10012765301
subsidy spurs global demand for food and confers a terms-of-trade benefit to the food-exporting nation. This might encourage … subsidization. Terms-of-trade effects wash out between trading nations; hence, any policy intervention by the two trading nations …
Persistent link: https://www.econbiz.de/10013095320