Showing 1 - 10 of 162
The paper reviews and compare a selection of existing and new alternative indicators of Revealed Comparative Advantages, with a special emphasis on trade in intermediate products. The research adopts a statistical approach for both its theoretical and its analytical facets. The formal concepts...
Persistent link: https://www.econbiz.de/10014091275
The paper investigates the role of global supply chains in explaining the trade collapse of 2008-2009 and the long-term variations observed in trade elasticity. Building on the empirical results obtained from a subset of input-output matrices and the exploratory analysis of a large and...
Persistent link: https://www.econbiz.de/10008596382
I study the implications of endogenous productivity choices ("innovation") on the effects of trade liberalization. I find that a model with innovation generates an elasticity of trade volumes to tariff reductions that is fifty percent larger than models without innovation, and consistent in...
Persistent link: https://www.econbiz.de/10008529239
trade in agriculture and industry, and a novel representation of trade reform as a time sequence of import tariffs, export …, inputting time series of country and sector specific labor productivity, tariffs and export subsidies which determine evolution …) post 1967 Korean tariff reform and d) post 1967 industrial export subsidy reform increase the model’s SSE by 91 percent, 56 …
Persistent link: https://www.econbiz.de/10011258875
In an increasingly integrated world with declining trade barriers, environmental regulations can have a decisive role in shaping countries’ comparative advantages. The conventional wisdom about environmental protection is that it comes at an additional cost on firms imposed by the government,...
Persistent link: https://www.econbiz.de/10011260076
The results showed that the average farm gate price of both milk and meat from buffalo was less than the average international market, but it was much lesser for milk than meat. Therefore, the development plan should focus upon raising buffalo milk productivity, particularly that milk price...
Persistent link: https://www.econbiz.de/10009654227
Although buffalo populations expand in 43 courtiers in the world, only four countries are producing more than 98% of the world buffalo milk in 2007 and around 73% of the world buffalo meat in the same year. These are China, India, Pakistan, and Egypt. Egypt is almost the only country in Africa...
Persistent link: https://www.econbiz.de/10009654238
Abstract This paper shows how banks specialize in different activities when they start with different comparative advantages. The possibility of wrong specialization is shown in a Cournot game with convexities. Different resolution mechanisms are discussed. With risk averse financial...
Persistent link: https://www.econbiz.de/10009226830
Due to a better understanding of the logical interrelationships between the comparative- advantage proposition, the classical rule of specialization and the proposition regarding the non- appliance of the labor theory of value in international exchanges in Ricardo’s famous numerical example in...
Persistent link: https://www.econbiz.de/10009397179
This study explores the effect of trade openness on deforestation. Previous studies do not find a clear effect of trade openness on deforestation. We use updated data on the annual rate of deforestation for 142 countries from 1990 to 2003, treat trade and income as endogenous, and take into...
Persistent link: https://www.econbiz.de/10009401352