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by the reform of the regulations governing Brazil's securities markets in 1890. This analysis is based on panel data … Brazil's debt and equity markets to mobilize capital for industry. This meant that the capital constraints faced by firms …
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There are two views of the British Industrial Revolution in the literature today. The more traditional description, represented by the views of Ashton and Landes, sees the Industrial Revolution as a broad change in the British economy and society. This broad view of the Industrial Revolution has...
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Lesotho and other least developed African countries responded impressively to the preferences they were granted under the African Growth and Opportunities Act with a rapid increase in their clothing exports to the US. But this performance has not been accompanied by some of the more dynamic...
Persistent link: https://www.econbiz.de/10013132068
If trade barriers are managed by inefficient institutions, trade liberalization can lead to greater-than-expected gains. We examine Chinese textile and clothing exports before and after the elimination of externally imposed export quotas. We find that the surge in export value and decline in...
Persistent link: https://www.econbiz.de/10013119342
In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely on deflated sales to proxy for output in the production...
Persistent link: https://www.econbiz.de/10012776808
A large literature following Ruhm (2000) suggests that mortality falls during recessions and rises during booms. The panel-data approach used to generate these results assumes that either there is no substantial migration response to temporary changes in local economic conditions, or that any...
Persistent link: https://www.econbiz.de/10012954452
This paper analyzes China's experience under U.S. apparel and textile quotas. It makes use of a unique new database that tracks U.S. trading partners' performance under the quota regimes established by the global Multifiber Arrangement (1974 to 1995) and subsequent Agreement on Textiles and...
Persistent link: https://www.econbiz.de/10012759894
This paper investigates the impact of iexcl;sect;learning-by-producingiexcl; ̈ on inventive activity and shows that, in both emerging (electrical equipment and supplies) and maturing (shoes and textiles) industries, the geographic association between invention and production was rather weak...
Persistent link: https://www.econbiz.de/10012760700