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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

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

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

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

Trade and security

Anderson, James E.; Marcouiller, Douglas - 1997

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

Foreign Competition and Innovation

Helpman, Elhanan - National Bureau of Economic Research - 2023

Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this relationship, I examine a market structure in which a small number of large multi-product oligopolists compete with a large number of small single-product firms in the same...

Persistent link: https://www.econbiz.de/10014436971

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

Green Tax Reform and Competitiveness

Koskela, Erkki - 1999

This paper develops a model of a small open economy that produces an export good with domestic labour and imported energy and is stuck in an unemployment situation resulting from an excessive fixed net-of-tax wage rate. We study a revenue-neutral green tax reform that substitutes energy for wage...

Persistent link: https://www.econbiz.de/10012471885

From the Invisible Handshake to the Invisible Hand? How Import Competition Changes the Employment Relationship

Bertrand, Marianne - 1999

There is a popular perception that increased competitive pressures in U.S. product markets are turning the employment relationship from one governed by implicit agreements into one governed by the market. In this paper, I examine whether changes in import competition indeed affect the use of...

Persistent link: https://www.econbiz.de/10012471911

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