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The Contribution of China, India and Brazil to Narrowing North-South Differences in Gdp/Capita, World Trade Shares, and Market Capitalization

Wang, Jing - 2012

/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three … time. In contrast the North‐China gap falls from 57.2 to 13.1 between 1990 and 2009, and India from 70.4 to 38.1 using … market exchange rates and from 23.4 to 5.5 for China and from 20.7 to 11.4 for India using PPP rates. We calculate the …

Persistent link: https://www.econbiz.de/10013113158

Trade and Environment Beyond Singapore

Whalley, John - 2021

This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully...

Persistent link: https://www.econbiz.de/10013234937

Patterns of Intra- and Inter-State Trade

Wolf, Holger C. - 2021

Recent studies suggest that intranational trade is "excessive' compared to international trade. An intuitive explanation for this home bias is provided by national trade barriers. A dataset of trade between US states, however, reveals that home bias extends to subnational units. The data suggest...

Persistent link: https://www.econbiz.de/10013237256

The Evolution of Comparative Advantage : Measurement and Welfare Implications

Levchenko, Andrei A. - 2011

We estimate productivities at the sector level for 72 countries and 5 decades, and examine how they evolve over time in both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew systematically faster in sectors that were initially...

Persistent link: https://www.econbiz.de/10013129215

The Elasticity of Trade : Estimates and Evidence

Simonovska, Ina - 2011

Quantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data...

Persistent link: https://www.econbiz.de/10013129231

A Global View of Productivity Growth in China

Hsieh, Chang-Tai - 2011

How does a country's productivity growth a¤ect worldwide real incomes through international trade? In this paper, we take this classic question to the data by measuring the spillover e¤ects of China's productivity growth. Our framework features traditional terms-of-trade e¤ects and new trade...

Persistent link: https://www.econbiz.de/10013130268

Gravity Chains : Estimating Bilateral Trade Flows When Parts and Components Trade is Important

Baldwin, Richard - 2011

Trade is measured on a gross sales basis while GDP is measured on a net sales basis, i.e. value added. The rapid internationalisation of production in the last two decades has meant that gross trade flows are increasingly unrepresentative of the value added flows. This fact has important...

Persistent link: https://www.econbiz.de/10013131669

Trade and the Global Recession

Eaton, Jonathan - 2011

We develop a dynamic multi-country general equilibrium model to investigate forces acting on the global economy during the Great Recession and ensuing recovery. Our multi-sector framework accounts completely for countries' trade, investment, production, and GDPs in terms of different sets of...

Persistent link: https://www.econbiz.de/10013131675

Trade and Labor Market Outcomes

Helpman, Elhanan - 2011

This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market frictions, and foreign trade. This framework emphasizes firm heterogeneity and search and matching frictions in labor markets. It implies that the opening of trade may raise...

Persistent link: https://www.econbiz.de/10013131679

China's Foreign Trade : Perspectives from the Past 150 Years

Keller, Wolfgang - 2011

This paper studies the trade of China in the past 150 years, starting from the first opening of China after the Opium War. The main purpose of the paper is to identify what is (and was) China's 'normal' level of foreign trade, and how these levels changed under different trade regimes, from 1840...

Persistent link: https://www.econbiz.de/10013132468

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