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This paper analyzes the relationship between trade policy and economic performance. The paper is divided in two fundamental parts. The first one uses a cross country data set to investigate the relationship between trade policy and productivity growth. It is found that countries that are more...
Persistent link: https://www.econbiz.de/10013230598
We decompose the impact of trade reform on technology adoption and land use to study how aggregate changes were driven by reallocation versus within-farm adaptation. Using detailed census data covering over 30,000 farms in Alberta, Saskatchewan and Manitoba, Canada we find a range of new...
Persistent link: https://www.econbiz.de/10012947017
This paper develops a North-South product model in which Southern imitation and the North-South flow of foreign direct investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of imitation, which, in turn, increases the flow of...
Persistent link: https://www.econbiz.de/10013070725
with disdain for work. We propose an economic theory of preference formation where both the divergence of attitudes across … social classes and the ensuing reversal of economic fortunes are equilibrium outcomes. In our theory, parents shape their …, which are rooted in the nature of pre-industrial professions, become key determinants of success once industrialization …
Persistent link: https://www.econbiz.de/10012777611
How does an FDI project affect local firms in the same industry? Competition in thequot; product and factor markets tends to reduce profits of local firms, but linkage effects to supplierquot; industries may reduce input costs and raise profits. This paper develops an analytical frameworkquot;...
Persistent link: https://www.econbiz.de/10012763642
after the onset of French industrialization. Alternative measures of development such as soldier height, disposable income …
Persistent link: https://www.econbiz.de/10013052500
Using a panel data set of county-level employment in machinery, electrical machinery, primary metals, transportation, and instruments, this paper analyzes the role of dynamic externalities for individual industries. Key issues examined include the role of externalities from own industry...
Persistent link: https://www.econbiz.de/10013224847
This paper explores Rosenstein-Rodman's (1943) idea that simultaneous industrialization of many sectors of the economy … industrialization as a move from a bad to a good equilibrium. We show that for two equilibria to exist, it must be the case that an …
Persistent link: https://www.econbiz.de/10013226182
During the Second Industrial Revolution, 1860-1900, many new technologies, including electricity, were invented. These inventions launched a transition to a new economy, a period of about 70 years of ongoing, rapid technical change. After this revolution began, however, several decades passed...
Persistent link: https://www.econbiz.de/10013212571
phenomena - the industrialization and growth take-off of rich northern' nations, massive global income divergence, and rapid …
Persistent link: https://www.econbiz.de/10013245710