Showing 1 - 10 of 2,791
export growth on the intensive margin with respect to the exporter's productivity growth is between 1.6 and 2.4 depending …
Persistent link: https://www.econbiz.de/10013062080
predicts that China's share of export markets should grow most rapidly where China's share is initially large. A corollary is … product, China's export unit values should be increasing in distance. We find strong support for this effect in our empirical …China's trade pattern is influenced not just by its overall comparative advantage in labor intensive goods but also by …
Persistent link: https://www.econbiz.de/10012759351
Much more than comparative advantage and free markets have been at play in shaping China's export success. Government … have developed in their absence. As a result, China has ended up with an export basket that is significantly more … China's rapid growth. What matters for China's future growth is not the volume of exports, but whether China will continue …
Persistent link: https://www.econbiz.de/10012761774
We study the determinants of comparative advantage in polluting industries. We combine data on environmental policy at the country level with data on pollution intensity at the industry level to show that countries with laxer environmental regulation have a comparative advantage in polluting...
Persistent link: https://www.econbiz.de/10013101512
The core subjects of trade theory are the pattern and volume of trade: which goods are traded by which countries, and how much of those goods are traded. The first part of the paper discusses evidence on comparative advantage, with an emphasis on carefully connecting theory models to data...
Persistent link: https://www.econbiz.de/10013239950
In this paper, a structural gravity model is presented which features intra-sector heterogeneity in agricultural productivity systematically linked to land and climate characteristics. The “systematic heterogeneity” (SH) gravity model predicts that countries with similar land and climate...
Persistent link: https://www.econbiz.de/10012915644
This paper estimates the Rybczynski equation matrix for the twenty two-digit U.S." manufacturing industries for various years between 1880 and 1987. As predicted by the standard" general equilibrium theory of interregional trade, the regression estimates show that a consistent" set of factor...
Persistent link: https://www.econbiz.de/10013324461
and auction formats without requiring instruments or estimation of a complex structural model. We demonstrate the approach …
Persistent link: https://www.econbiz.de/10013046604
Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently been introduced in policy models of energy and global warming economics to make the process of technological change endogenous. It is not widely appreciated that this is a...
Persistent link: https://www.econbiz.de/10012758017
The effects of supply-side policies in depressed economies are controversial. We shed light on this debate using evidence from France in the 1930s. In 1936, France departed from the gold standard and implemented mandatory wage increases and hours restrictions. Deflation ended but output...
Persistent link: https://www.econbiz.de/10012995511