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How Deep is Your Love? A Quantitative Spatial Analysis of the Transatlantic Trade Partnership

Krebs, Oliver - 2015

This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...

Persistent link: https://www.econbiz.de/10013023010

Occupational Choice, Aggregate Productivity, and Trade

Meckl, Jürgen - 2011

We propose occupational decisions of heterogeneous individuals as an alternative mechanism of explaining the … Manasse and Turrini (2001) that establish the theoretical base of trade models with heterogeneous firms. Our model is … market integration. Our approach paves the way for detailed analysis of institutions in a heterogeneous firm model to better …

Persistent link: https://www.econbiz.de/10013129918

Intra-Industry Trade, Involuntary Unemployment and Macroeconomic Stability

Le Riche, Antoine; Lloyd-Braga, Teresa; Modesto, Leonor - 2021

We study the impact of intra-industry trade and capital mobility on steady state welfare and on the stability properties of two countries with identical technologies and preferences. We consider a two-factor overlapping generations model, featuring one-sector of differentiated goods with taste...

Persistent link: https://www.econbiz.de/10013250260

Disentangling the Wage Impacts of Offshoring on a Developing Country : Theory and Policy

Bandyopadhyay, Subhayu - 2016

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

Migration Policy, African Population Growth and Global Inequality

Mountford, Andrew - 2014

According to recent UN projections more than 50 percent of the growth in world population over the next half century will be due to population growth in Africa. Given this, any policy that influences African demography will have a significant impact on the world distribution of income. In this...

Persistent link: https://www.econbiz.de/10013050612

Immigration and Trade Creation for the U.S : The Role of Immigrant Occupation

Mundra, Kusum - 2012

This paper highlights that the immigrants' effect on trade is not identical across all types of immigrants but it varies with the immigrants' occupation. Using a sample of 63 U.S. trading partners which are also big immigrant sending countries over the years 1991-2000, this paper finds that the...

Persistent link: https://www.econbiz.de/10013096149

Stages of Diversification in a Neoclassical World

Batista, Catia - 2013

Recent research has documented a U-shaped industrial concentration curve over an economy's development path. How far can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher-Ohlin model using industry data on 44 developed and developing...

Persistent link: https://www.econbiz.de/10013072168

Offshoring and Unemployment : The Role of Search Frictions and Labor Mobility

Mitra, Devashish - 2009

In a two-sector, general-equilibrium model with labor-market search frictions, we find that wage increases and sectoral unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the sector with the lower (or equal) vacancy...

Persistent link: https://www.econbiz.de/10013160305

International Specialization and the Return to Capital

Batista, Catia - 2010

How does factor accumulation affect the pattern of international specialization and returns to capital? We provide a new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976-2000. We confirm the Heckscher-Ohlin prediction that, with...

Persistent link: https://www.econbiz.de/10013148352

North-South Trade Liberalization and Returns to Skill in the South : The Case of Mexico

Otero, Rafael; Hazarika, Gautam - 2021

This study examines the effect of NAFTA, an instance of North-South trade liberalization, on returns to skill in Mexico. Mexico is abundant in low-skill workers relative to the US and Canada, and so, by the Hecksher-Ohlin-Samuelson trade model, NAFTA ought to have raised the relative earnings of...

Persistent link: https://www.econbiz.de/10013324881

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