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Trade and the Diffusion of the Industrial Revolution
Robert E. Lucas, Jr. - National Bureau of Economic Research (NBER) - 2007
A model is proposed to describe the evolution of real GDPs in the world economy that is intended to apply to all open economies. The five parameters of the model are calibrated using the Sachs-Warner definition of openness and time-series and cross-section data on incomes and other variables...
Persistent link: https://www.econbiz.de/10005050434
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Trade Liberalization and Income Distribution
Davis, Donald R. - National Bureau of Economic Research (NBER) - 1996
Empirical work relating trade liberalization and income distributed has iden- tified an important anomaly. The Stolper-Samuelson theorem predict trade liberalization will shift income toward a country's abundant factor. For developing countries, this suggests liberalization will principally...
Persistent link: https://www.econbiz.de/10005828880
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Facts and Fallacies about U.S. FDI in China
Branstetter, Lee; Foley, C. Fritz - National Bureau of Economic Research (NBER) - 2007
Despite the rapid expansion of U.S.-China trade ties, the increase in U.S. FDI in China, and the expanding amount of economic research exploring these developments, a number of misconceptions distort the popular understanding of U.S. multinationals in China. In this paper, we seek to correct...
Persistent link: https://www.econbiz.de/10005830241
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China's Embrace of Globalization
Branstetter, Lee; Lardy, Nicholas - National Bureau of Economic Research (NBER) - 2006
As China has become an increasingly important part of the global trading system over the past two decades, interest in the country and its international economic policies has increased among international economists who are not China specialists. This paper represents an attempt to provide the...
Persistent link: https://www.econbiz.de/10005830773
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The Possibilities For Global Poverty Reduction Using Revenues From Global Carbon Pricing
Davies, James Byron; Whalley, John; Shi, Xiaojun - National Bureau of Economic Research (NBER) - 2011
Global carbon pricing can yield revenues which are large enough to create significant global pro-poor redistributive opportunities. We analyze alternative multidecade growth trajectories for major global economies with carbon tax rates designed to stabilize emissions in the presence of both...
Persistent link: https://www.econbiz.de/10008869237
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Did Trade Liberalization Help Women? The Case of Mexico in the 1990s
Juhn, Chinhui; Aguayo-Tellez, Ernesto; Airola, Jim - National Bureau of Economic Research (NBER) - 2010
With the signing of the North American Free Trade Agreement (NAFTA) in 1994, Mexico entered a bilateral free trade agreement which not only lowered its own tariffs on imports but also lowered tariffs on its exports to the U.S. We find that women's relative wage increased, particularly during the...
Persistent link: https://www.econbiz.de/10008628327
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China's Foreign Trade: Perspectives From the Past 150 Years
Keller, Wolfgang; Li, Ben; Shiue, Carol H. - National Bureau of Economic Research (NBER) - 2010
This paper studies the trade of China in the past 150 years, starting from the first opening of China after the Opium War. The main purpose of the paper is to identify what is (and was) China's 'normal' level of foreign trade, and how these levels changed under different trade regimes, from 1840...
Persistent link: https://www.econbiz.de/10008727846
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The Determinants of Food Aid Provisions to Africa and the Developing World
Nunn, Nathan; Qian, Nancy - National Bureau of Economic Research (NBER) - 2010
We examine the supply-side and demand-side determinants of global bilateral food aid shipments between 1971 and 2008 …. First, we find that domestic food production in developing countries is negatively correlated with subsequent food aid … receipts, suggesting that food aid receipt is partly driven by local food shortages. Interestingly, food aid from some of the …
Persistent link: https://www.econbiz.de/10008764656
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Economic Growth in the Mid Atlantic Region: Conjectural Estimates for 1720 to 1800
Rosenbloom, Joshua L.; Weiss, Thomas - National Bureau of Economic Research (NBER) - 2011
We employ the conjectural approach to estimate the growth of GDP per capita for the colonies and states of the mid-Atlantic region (Del., NJ, NY and Penn). In contrast to previous studies of the region's growth that relied heavily on the performance of the export sector, the conjectural method...
Persistent link: https://www.econbiz.de/10009226942
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Uncertainty and Trade Agreements
Limão, Nuno M.; Maggi, Giovanni - National Bureau of Economic Research (NBER) - 2013
In this paper we explore the potential gains that a trade agreement (TA) can provide by regulating trade-policy uncertainty, in addition to the more standard gains from reducing the mean levels of trade barriers. We show that in a standard trade model with income-risk neutrality there tends to...
Persistent link: https://www.econbiz.de/10010796553