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Research on the quantitative impact of interwar protection on trade flows remains scarce, and much of it has concluded that the impact was surprisingly small. In this paper we ask: Did Indian interwar protection hurt UK manufacturers, by raising tariffs on manufactured imports? Or did it favour...
Persistent link: https://www.econbiz.de/10012481761
are against China; India, in turn, is the largest source of initiation against China by number of actions. Here we explore …
Persistent link: https://www.econbiz.de/10012462211
's technology gaps both with the U.S. and India between 1979 and 2008, comparing the technology level of these economies using a CES … India and the U.S. for the period before 2008. The pairwise gaps between the U.S. and China, and the U.S. and India remain … productivity than India over the period, the bilateral technology gap between China and India is still in India's favor. India had …
Persistent link: https://www.econbiz.de/10012457012
cycle. Finally, recent policy initiatives suggest that India is poised to replace China as the dominant periphery country …
Persistent link: https://www.econbiz.de/10012458214
In 1901, six Australian states joined together in political and economic union, creating an internal free trade area and adopting a common external tariff. This paper investigates the impact of federation on Australia's internal and international trade flows by studying changes in the "border...
Persistent link: https://www.econbiz.de/10012466534
This paper develops a two-country macro model with endogenous tradability to study features of international economic integration. Recent episodes of integration in Europe and North America suggest some surprising observations: while quantities of trade have increased significantly, especially...
Persistent link: https://www.econbiz.de/10012467040
International economic integration yields large potential welfare effects, even in a static constant returns competitive world economy. Our method is novel. The effect of border barriers on trade flows is often inferred from gravity models. But their rather atheoretic structure precludes welfare...
Persistent link: https://www.econbiz.de/10012470203
After decades of rising global economic integration, the world economy is now fragmenting. To measure this phenomenon, we introduce an index of geopolitical fragmentation derived from various empirical indicators. This index is developed using a flexible dynamic factor model with time-varying...
Persistent link: https://www.econbiz.de/10014576667
A large body of cross-country empirical evidence identifies monetary policy and trade integration as key determinants of business cycle co-movement. Partially consistent with this, many argue that the re-emergence of the gold standard allowed for the global transmission of a deflationary shock...
Persistent link: https://www.econbiz.de/10012461732
settings across five countries: India, Kenya, Nepal, Philippines, and Uganda. We test multiple scalable models of remote …
Persistent link: https://www.econbiz.de/10014287309