Similar Search Results

US Trade and Wages : The Misleading Implications of Conventional Trade Theory

Edwards, Lawrence - 2010

Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that … expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory … conventional theory to the assumption of incomplete specialization and find evidence that is not consistent with it. Since 1987 …

Persistent link: https://www.econbiz.de/10012462550

International Trade Between Consumer and Conservationist Countries

Brander, James - 1997

We consider trade between a consumer' country with an open access renewable resource and a conservationist' country that regulates resource harvesting to maximize domestic steady-state utility. In what we call the mild overuse' case, the consumer country exports the resource good and suffers...

Persistent link: https://www.econbiz.de/10012472812

Trade, Jobs, and Wages

Krugman, Paul - 1993

There is a broad consensus among US opinion leaders that our economic problem is largely one of failures of international competition -- that trade deficits have eroded our manufacturing base, that inability to sell on world markets has been a major drag on economic growth, and that imports from...

Persistent link: https://www.econbiz.de/10012474468

The Exchange Rate as an Industrial Policy

Ottonello, Pablo; Perez, Diego J.; Witheridge, William - National Bureau of Economic Research - 2024

We study the role of exchange rates in industrial policy. We construct an open-economy macroeconomic framework with production externalities and show that the desirability of these policies critically depends on the dynamic patterns of externalities. When they are stronger in earlier stages of...

Persistent link: https://www.econbiz.de/10014544799

Rise and Fall of Empires in the Industrial Era : A Story of Shifting Comparative Advantages

Bonfatti, Roberto; Coşar, Kerem - National Bureau of Economic Research - 2022

The last two centuries witnessed the rise and fall of empires. We construct a model which rationalises this in terms of the changing trade gains from empires. In the model, empires are arrangements that reduce trade cost between an industrial metropole and the agricultural periphery. During...

Persistent link: https://www.econbiz.de/10013334512

Trade and security

Anderson, James E.; Marcouiller, Douglas - 1997

Persistent link: https://www.econbiz.de/10000642959

U.S. Wages in General Equilibrium : The Effects of Prices, Technology, and Factor Supplies, 1963-1991

Harrigan, James - 1999

technology, prices, and factor supplies. The model is based on the neoclassical theory of production, and is implemented by …

Persistent link: https://www.econbiz.de/10012471819

Infant-Industry Protection Reconsidered : The Case of Informational Barriers to Entry

Grossman, Gene M. - 1987

In industries with imperfect consumer information, the lack of a reputation puts latecomers at a competitive disadvantage vis-a-vis established firms. We consider whether the existence of such informational barriers to entry provides a valid reason for temporarily protecting infant producers of...

Persistent link: https://www.econbiz.de/10012476910

Tax Policy and International Competitiveness

Summers, Lawrence H. - 1986

This paper examines the interactions between tax policy, international capitol mobility, and international competitiveness. It demonstrates that tax policies which stimulate national investment without affecting national savings must inevitably lead to deterioration in a country's trade balance...

Persistent link: https://www.econbiz.de/10012477064

Quotas and the Stability of Implicit Collusion

Rotemberg, Julio J. - 1986

Persistent link: https://www.econbiz.de/10012477124

1
2
3
4
5
6
7
8
9
10
Next
Last