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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
between observed bilateral trade and frictionless trade. They comprise tariffs, transportation costs and all other factors …
Persistent link: https://www.econbiz.de/10013224437
This paper surveys the measurement of trade costs --- what we know, and what we don't know but may usefully attempt to find out. Partial and incomplete data on direct measures of costs go together with inference on implicit costs from trade flows and prices. Total trade costs in rich countries...
Persistent link: https://www.econbiz.de/10013246402
This paper discusses the fundamental underpinnings and some implications of transaction cost regulation (TCR), a framework to analyze the interaction between governments and investors fundamentally, but not exclusively, in utility industries. TCR sees regulation as the governance structure of...
Persistent link: https://www.econbiz.de/10013130971
We present a general equilibrium model of the decisions of firms to innovate and to engage in international trade. We use the model to analyze the impact of a reduction in international trade costs on firms' process and product innovative activity. We first show analytically that if all firms...
Persistent link: https://www.econbiz.de/10012750342
education, and economic development. Firms in remote locations pay greater trade costs on both exports and intermediate imports …
Persistent link: https://www.econbiz.de/10013323450
exports of goods with high transport costs and strong scale economies relative to their exports of goods with low transport … exports. For industries with moderately high transport costs, it is neighborhood market size that matters. In this case …, national market size plus market size in nearby countries determine national exports …
Persistent link: https://www.econbiz.de/10013232423
the tendency of new exporters to export on a small scale, to have low survival rates, and to take time to grow into large … tariffs arise from substituting away from firm creation and towards export capacity. This is in stark contrast to the static … their ability to grow into successful exporters. We calibrate the model and estimate the welfare gains from reducing tariffs …
Persistent link: https://www.econbiz.de/10013044346
In this paper, we use a unique dataset on the distribution of output and demand across regions of the United States to estimate trade costs for 969 service and manufacturing industries. Our estimation method is a natural extension of the gravity model of trade and identifies trade costs in the...
Persistent link: https://www.econbiz.de/10013071505
We develop a framework for studying trade in vertically and horizontally differentiated products. In our model, consumers with heterogeneous incomes and tastes purchase a homogeneous good as well as making a discrete choice of quality and variety of a differentiated product. The distribution of...
Persistent link: https://www.econbiz.de/10013156428