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Do Developed and Developing Countries Compete Head to Head in High-Tech?
Edwards, Lawrence - 2010
Persistent link: https://www.econbiz.de/10013142078
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International Trade between Consumer and Conservationist Countries
Brander, James A.; Taylor, M. Scott - 2021
We consider trade between a consumer' country with an open access renewable resource and a conservationist' country that regulates resource harvesting to maximize domestic steady-state utility. In what we call the mild overuse' case, the consumer country exports the resource good and suffers...
Persistent link: https://www.econbiz.de/10013225818
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Trade, Jobs, and Wages
Krugman, Paul R.; Lawrence, Robert Z. - 2021
There is a broad consensus among US opinion leaders that our economic problem is largely one of failures of international competition -- that trade deficits have eroded our manufacturing base, that inability to sell on world markets has been a major drag on economic growth, and that imports from...
Persistent link: https://www.econbiz.de/10013211656
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Us Trade and Wages : The Misleading Implications of Conventional Trade Theory
Edwards, Lawrence - 2010
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that … expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory … conventional theory to the assumption of incomplete specialization and find evidence that is not consistent with it. Since 1987 …
Persistent link: https://www.econbiz.de/10013142076
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Trapped Factors and China's Impact on Global Growth
Bloom, Nicholas - 2014
-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated inside firms …, which lowers the opportunity cost of innovation, generating an additional trapped factor effect. Starting from a baseline …
Persistent link: https://www.econbiz.de/10013057413
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On the Growth Effects of Import Competition
Baldwin, Richard E. - 2021
. Specifically, import competition forces domestic innovators to chose between either quickening their pace of innovation or being …
Persistent link: https://www.econbiz.de/10013218724
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Do Low-Income Countries Have a High-Wage Option?
Rodrik, Dani - 2010
Poor countries must specialize in standardized. labor-intensive commodities. Middle income countries may have a richer menu of options available to them if their labor force is reasonably well-educated and skilled. This paper is motivated by the possibility that there may exist multiple...
Persistent link: https://www.econbiz.de/10013138621
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The Welfare State and Competitiveness
Alesina, Alberto F. - 2010
In all modern industrial countries, redistributive expenditures are a larger component of the government budget than consumption of goods and services. In this paper, we use a general equilibrium, two- country model with exportables, importables and nontradables to study redistribution across...
Persistent link: https://www.econbiz.de/10013138851
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International Prices and Endogenous Quality
Feenstra, Robert C. - 2013
The unit values of internationally traded goods are heavily influenced by quality. We model this in an extended monopolistic competition framework where, in addition to choosing price, firms simultaneously choose quality. We allow countries to have non-homothetic demand for quality. The optimal...
Persistent link: https://www.econbiz.de/10013090428
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Comparative Advantage, Complexity and Volatility
Krishna, Pravin - 2009
Less developed countries tend to experience higher output volatility, a fact that is, in part, explained by their specialization in more volatile sectors. This paper proposes theoretical explanations for this pattern of specialization -- with the complexity of the goods playing a central role....
Persistent link: https://www.econbiz.de/10013159737