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observations on most businesses located in California. The evidence indicates that enterprise zones do not increase employment. We … also find no shift of employment toward the lower-wage workers targeted by enterprise zone incentives. We conclude that the …
Persistent link: https://www.econbiz.de/10013240345
of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong … reallocations of labour, with (again, excepting Hong Kong) non-agricultural and manufacturing employment growing one and a half to … exports in the newly industrializing economies of East Asia is virtually unprecedented, the growth of total factor …
Persistent link: https://www.econbiz.de/10013233017
the WTO, its exports and export participation would have been 30 and 37 percent lower respectively …
Persistent link: https://www.econbiz.de/10013022601
new disaggregated data set of the bilateral-product level exports for the universe of Japanese trade partners, we find …Japanese exports between 1880 and 1910 increased massively in volume, changed composition, and shifted away from … period. Determinants of initial entry include trade costs and market size. Products started in a small number of markets and …
Persistent link: https://www.econbiz.de/10012954913
supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …
Persistent link: https://www.econbiz.de/10012771672
We examine the employment responses to import competition from China and to global export expansion from the United … considerable number of jobs. On balance over the entire 1991-2007 period, job gains due to changes in US global exports were …
Persistent link: https://www.econbiz.de/10012942703
mattered as well. A falling terms of trade raised the relative price of manufactures in domestic markets, as did real exchange …
Persistent link: https://www.econbiz.de/10013129186
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
We re-examine the role of financial market development in the intersectoral allocation of resources. Specifically, we propose the use of a new methodology that looks at the co-movement in growth rates across pairs of countries to examine the role of financial development in allowing firms to...
Persistent link: https://www.econbiz.de/10013242889
In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for the creation and dissemination of productive knowledge...
Persistent link: https://www.econbiz.de/10012995522