Showing 1 - 10 of 518
The robust empirical finding that exporting firms are systematically different from firms that merely serve domestic consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The establishment of a canonical model due to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10013118266
We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe …
Persistent link: https://www.econbiz.de/10013104067
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 stock of migrants, the share of migrants employed...
Persistent link: https://www.econbiz.de/10013098826
Large wage differences between countries ("place premiums") are well documented. Theory suggests that factor price convergence should follow increased migration, capital flows, and commercial integration. All three have increased between the United States and Mexico over the last 25 years. This...
Persistent link: https://www.econbiz.de/10013016278
During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...
Persistent link: https://www.econbiz.de/10012749800
We investigate the effect of economic sanctions on trade flows in countries sharing a border with sanctioned states. According to trade models, sanctions are expected to reduce trade flows as they disrupt established trading routes and economic relationships with suppliers and customers....
Persistent link: https://www.econbiz.de/10014260611
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the Re-orient approach, put forward by Frank, 1998. With global economic gravitation shifting to the Indian Ocean/Pacific region, the article also analyses the role of MNC (foreign...
Persistent link: https://www.econbiz.de/10013155598
China has witnessed rapid increases in the skill premium over the last few decades. In this paper, we study the short …-run effect of capital goods imports on skill premium in China. The surge in capital goods imports, which embody advanced … technology, can explain the rising demand for skills in China. We exploit regional variations in capital goods import exposure …
Persistent link: https://www.econbiz.de/10014081004
the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy … that China has taken in favor of trade sectors. In addition, China's international trade performance is analyzed …
Persistent link: https://www.econbiz.de/10013138732
Coordination of macro-economic development and employment is an essential issue for China's social development, which …
Persistent link: https://www.econbiz.de/10013120837