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Trade Strategy, Investment, and Exports : Another Look at East Asia

Rodrik, Dani - 1995

The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export booms in other, non-East Asian countries such as Chile and Turkey. First, these booms have taken place in the context of comparatively small changes in relative prices in favor of...

Persistent link: https://www.econbiz.de/10012473530

Increasing Returns and All That : A View From Trade

Antweiler, Werner - 2000

Do scale economies contribute to our understanding of international trade? Do international trade flows encode information about the extent of scale economies? To answer these questions we examine the large class of general equilibrium theories that imply Helpman-Krugman variants of the Vanek...

Persistent link: https://www.econbiz.de/10012470795

The Environmental Bias of Trade Policy

Shapiro, Joseph S. - 2020

This paper documents a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non-tariff barriers are substantially lower on dirty than on clean industries, where an industry's "dirtiness" is defined as its carbon dioxide (CO2) emissions per dollar of output....

Persistent link: https://www.econbiz.de/10012481652

Some Simple Analytics of Trade and Labor Mobility

Chaudhuri, Shubham - 2007

We study a simple, tractable model of labor adjustment in a trade model that allows us to analyze the economy's dynamic response to trade liberalization. Since it is a neoclassical market-clearing model, we can use duality techniques to study the equilibrium, and despite its simplicity a rich...

Persistent link: https://www.econbiz.de/10012465184

On the Connections between Intertemporal and Intra-temporal Trades

Ju, Jiandong - 2011

This paper develops a new theory of international economics by introducing Heckscher-Ohlin features of intra-temporal trade into an intertemporal trade approach of current account. To do so, we consider a dynamic general equilibrium model with tradable sectors of different factor intensities,...

Persistent link: https://www.econbiz.de/10012461109

Embodied Carbon Tariffs

Böhringer, Christoph - 2011

In a world where the prospects of a global agreement to control greenhouse gas emissions are bleak, the idea of using trade policy as an implicit regulation of foreign emission sources has gained many supporters in countries contemplating unilateral climate policies. Embodied carbon tariffs tax...

Persistent link: https://www.econbiz.de/10012461282

Government Finance in the Wake of Currency Crises

Burnside, Craig - 2003

This paper addresses two questions: (i) how do governments actually pay for the fiscal costs associated with currency crises; and (ii) what are the implications of different financing methods for post-crisis rates of inflation and depreciation? We study these questions using a general...

Persistent link: https://www.econbiz.de/10012468912

Benefits and Spillovers of Greater Competition in Europe : A Macroeconomic Assesment

Bayoumi, Tamim - 2004

Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and … labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition …, greater competition produces large effects on macroeconomic performance, as measured by standard indicators. In particular, we …

Persistent link: https://www.econbiz.de/10012468277

Competition Between Private and Public Schools : Testing Stratification and Pricing Predictions

Epple, Dennis - 2000

into schools when peer effects are present. The model predicts that competition will lead private schools to give tuition …

Persistent link: https://www.econbiz.de/10012470780

Equilibrium Corporate Finance and Intermediation

Bisin, Alberto - 2014

Furthermore, equilibria may display specialization on the part of identical firms and, when equilibria are constrained inefficient, may exhibit excessive aggregate risk. Financial decisions of the corporate sector are determined at equilibrium and depend not only on the nature of financial...

Persistent link: https://www.econbiz.de/10012458322

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