Showing 1 - 10 of 11
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...
Persistent link: https://www.econbiz.de/10010884636
This technical Appendix describes the structural model used as part of the Spatial Eco- nomic Research Centre's work for the Northern Way on linkages between the Manchester and Leeds City Regions. A summary of the research, as well as a full report of the findings, can be found on the web-sites...
Persistent link: https://www.econbiz.de/10010745058
Using detailed data on trade and tariffs from 1992-2007, we examine how the ASEAN Free Trade Agreement has affected trade with non-members and external tariffs facing non-members. First, we examine the effect of preferential and external tariff reduction on import growth from ASEAN insiders and...
Persistent link: https://www.econbiz.de/10010745301
This paper reviews the theoretical and the empirical literature on regionalism. The formation of regional trade agreements has been, by far, the most popular form of reciprocal trade liberalization in the last fifteen years. The discriminatory character of these agreements has raised three main...
Persistent link: https://www.econbiz.de/10010746650
-US interregional trade data, we structurally estimate a theory-based gravity equation system featuring endogenous wages and … Canada-US border on regional market aggregates such as wages, productivity, markups, the mass of varieties produced and …
Persistent link: https://www.econbiz.de/10011071191
We examine the effect of regionalism on unilateral trade liberalization using industry-level data on applied MFN tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. We find that preferential tariff reduction in a given sector leads to a reduction in the external...
Persistent link: https://www.econbiz.de/10011071273
wages in new matches. I summarize microeconometric evidence on wages in new matches and show that the key model elasticities … cyclical volatility of wages. I discuss some extensions of the model that can increase cyclical unemployment volatility through …
Persistent link: https://www.econbiz.de/10010745651
technology is embodied in new jobs. We estimate a model for employment, wages and investment with an annual panel for the United …Theoretical predictions of the effect of TFP growth on employment are ambiguous, and depend on the extent to which new … States, Japan and Europe and find that TFP growth increases employment. For the United States TFP growth explains the trend …
Persistent link: https://www.econbiz.de/10010928604
I study the role of company start-up costs for employment performance. The model is search equilibrium with a new … jointly determined. Higher start-up costs reduce overall employment but increase the size of incumbent firms. I discuss some …
Persistent link: https://www.econbiz.de/10010745527
We examine the implications of tax and subsidy policies for employment in the “three worlds of welfare”, Anglo …-Saxon, Continental European and Scandinavian. We argue that home production is key to a proper evaluation of the employment outcomes …. Anglo-Saxon lowsupport policies encourage more overall market employment. Continental transfer policies encourage more home …
Persistent link: https://www.econbiz.de/10011071076