Showing 1 - 10 of 222
Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and … the foreign reserves position. We also integrate Africa-specific variables such as existing economic blocs in the region … Southern Africa is promising, but many challenges still persist. The existing economic blocs can provide a first stepping stone …
Persistent link: https://www.econbiz.de/10013157533
We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe …-regional variation in initial industry structures and use trade flows of other high-income countries as instruments for regional import … trade integration has caused some 493,000 additional jobs in the economy and contributed to retaining the manufacturing …
Persistent link: https://www.econbiz.de/10013104067
its size and welfare impact, and b) examines the impact of international migration as well as the migration-trade …-South migration raises bloc size and welfare; iv) South-South migration and trade are complements under market access negotiations and …
Persistent link: https://www.econbiz.de/10013141777
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United … clerical occupations, is largely uncorrelated with regional exposure to trade competition from China. While the impacts of … technology are present throughout the United States, the impacts of trade tend to be more geographically concentrated, owing in …
Persistent link: https://www.econbiz.de/10013035727
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and … endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient …, our model is well suited to study the impacts of trade integration on aggregate productivity and factor prices. Using …
Persistent link: https://www.econbiz.de/10013324989
strong though not definitive evidence of an ideological realignment in trade-exposed local labor markets that commences prior …, we find that trade exposed electoral districts simultaneously exhibit growing ideological polarization in some domains …—meaning expanding support for both strong-left and strong-right views—and pure rightward shifts in others. Specifically, trade …
Persistent link: https://www.econbiz.de/10013314978
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to … African Community (EAC) and the Southern Africa Customs Union (SACU) – suggests that deeper intra-regional, and in particular … intra-industry, trade ties have contributed to the EAC's resilience to external output shocks. More broadly, intra …
Persistent link: https://www.econbiz.de/10013016290
Within the migration-trade nexus literature, this paper proposes a more carefully defined measure of migration business … networks, and quantifies its impact on bilateral trade. Using cross-sectional data and controlling for the overall bilateral … on trade, and especially on exports. Those immigrants should be the ones directly involved in the diffusion and …
Persistent link: https://www.econbiz.de/10013098826
1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union … of Soviet-Finnish trade can explain key features of Finland's Great Depression. We also show that Finland's Great … similar trade collapse. However, as a western democracy with developed capital markets and institutions, Finland faced none of …
Persistent link: https://www.econbiz.de/10012749800
emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …
Persistent link: https://www.econbiz.de/10014083996