Narrow search
Showing 1 - 10 of 7,103
Cover Image
The Seamless World : A Spatial Model of International Specialization
Krugman, Paul - 1995
This paper is an effort to do international trade theory without mentioning countries. Nearly all models of the …
Persistent link: https://www.econbiz.de/10012473657
Cover Image
Gravity, Productivity and the Pattern of Production and Trade
Anderson, James E. - 2009
The effects of geography and productivity on the global pattern of production are captured here in a specific factors gravity model. Simple enough for sharp results, the model is yet rich enough to contain the high dimensional productivity frictions in production and distribution of a many...
Persistent link: https://www.econbiz.de/10012464007
Cover Image
Trade, Production Sharing, and the International Transmission of Business Cycles
Burstein, Ariel - 2008
Countries that are more engaged in production sharing exhibit higher bilateral manufacturing output correlations. We use data on trade flows between US multinationals and their affiliates as well as trade between the United States and Mexican maquiladoras to measure production-sharing trade and...
Persistent link: https://www.econbiz.de/10012464916
Cover Image
Offshoring in a Ricardian World
Rodríguez-Clare, Andrés - 2007
Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. Popular discussions about the aggregate impact of this phenomenon on rich countries have stressed...
Persistent link: https://www.econbiz.de/10012465450
Cover Image
A Multi-Country Approach to Factor-Proportions Trade and Trade Costs
Markusen, James R. - 2005
Classic trade questions are reconsidered by generalizing a factor-proportions model to multiple countries, multi-stage production, and country-specific trade costs. We derive patterns of production specialization and trade for a matrix of countries that differ in relative endowments (columns)...
Persistent link: https://www.econbiz.de/10012467636
Cover Image
An Alternative Interpretation of the 'Resource Curse' : Theory and Policy Implications
Hausmann, Ricardo - 2003
The existence of a natural resource curse has been a longstanding theme in the economic literature and in policy discussions. We propose an alternative mechanism and study its policy implications. The mechanism is based on the interaction between two building blocks: specialization in...
Persistent link: https://www.econbiz.de/10012469279
Cover Image
Estimating the Knowledge-Capital Model of the Multinational Enterprise : Comment
Blonigen, Bruce A. - 2002
A recent American Economic Review article by David L. Carr, James R. Markusen, and Keith E. Maskus (CMM) estimates a regression specification based upon the 'knowledge-capital' model of the Multinational Enterprise (MNE). The knowledge-capital model combines 'horizontal' motivations for FDI --...
Persistent link: https://www.econbiz.de/10012469785
Cover Image
Openness, Specialization, and Productivity Growth in Less Developed Countries
Weinhold, Diana - 1997
Many empirical studies have found a positive relationship between openness and growth in per capita GDP in less developed countries, and economists have produced many explanations for this correlation. However, the existing studies are consistent with all of these theories and thus do not...
Persistent link: https://www.econbiz.de/10012472682
Cover Image
Effort, Wages and the International Division of Labor
Leamer, Edward E. - 1996
This paper embeds variable effort into a traditional multi-sector model. Effort enters a production function like total-factor-productivity and on the assumption that effort doesn't affect capital depreciation, the capital-cost savings from high effort operations are passed on to workers. The...
Persistent link: https://www.econbiz.de/10012473030
Cover Image
Technology, Factor Supplies and International Specialization : Estimating the Neoclassical Model
Harrigan, James - 1996
The standard neoclassical model of trade theory predicts that international specialization will be jointly determined … by cross-country differences in relative factor endowments and relative technology levels. This paper uses duality theory …-neutral technology differences are measured using an application of the theory of total factor productivity comparisons, and factor …
Persistent link: https://www.econbiz.de/10012473116