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Intrinsic Openness and Endogenous Institutional Quality
Jiao, Yang - 2017
Quality of public institutions has been recognized as a crucial determinant of macroeconomic outcomes. We propose that a country's intrinsic level of openness (due to population size, geography, or exogenous trade opportunities) affects its incentives in investing in better institutions. We...
Persistent link: https://www.econbiz.de/10012453661
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Does tariff liberalization increase wage inequality? : some empirical evidence
Milanovic, Branko - 2005
-occupational and inter-industry inequality in poorer countries (those below the world median income) and the reverse in richer …
Persistent link: https://www.econbiz.de/10010522629
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Does Tariff Liberalization Increase Wage Inequality? Some Empirical Evidence
Milanovic, Branko - 2005
-industry inequality in poorer countries (those below the world median income) and the reverse in richer countries. The results for inter …
Persistent link: https://www.econbiz.de/10012467641
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The WTO Promotes Trade, Strongly But Unevenly
Subramanian, Arvind - 2003
Contrary to the recent literature that concludes that the GATT/WTO has been completely ineffective in promoting world … imports estimated at about 44 percent of world trade. The same has not been true for developing country members, although …
Persistent link: https://www.econbiz.de/10012468674
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Open Regionalism in a World of Continental Trade Blocs
Wei, Shang-Jin - 1995
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …
Persistent link: https://www.econbiz.de/10012473603
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The Fiscal Stimulus of 2009-10 : Trade Openness, Fiscal Space and Exchange Rate Adjustment
Aizenman, Joshua - 2011
This paper studies the cross-country variation of the fiscal stimulus and the exchange rate adjustment propagated by the global crisis of 2008-9, identifying the role of economic structure in accounting for the heterogeneity of response. We find that greater de facto fiscal space prior to the...
Persistent link: https://www.econbiz.de/10012461231