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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

Desmet, Klaus - 2009

We present a theory of spatial development. Manufacturing and services firms located in a continuous geographic area … locations. The result is a spatial endogenous growth theory that can shed light on the link between the evolution of economic …

Persistent link: https://www.econbiz.de/10012463301

A Coasian Model of International Production Chains

Fally, Thibault - 2015

International supply chains require coordination of numerous activities across multiple countries and firms. We adapt a model of supply chains and apply it to an international trade setting. In each chain, the measure of tasks completed within a firm is determined by transaction costs and the...

Persistent link: https://www.econbiz.de/10012457148

Wheat or Strawberries? Intermediated Trade with Limited Contracting

Krishna, Kala - 2014

Why do developing countries fail to specialize in products in which they appear to have a comparative advantage? We propose a model of agricultural trade with intermediation that explains how hold-up resulting from poor contracting environments can produce such an outcome. We use the model to...

Persistent link: https://www.econbiz.de/10012458035

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

The World Income Distribution

Acemoglu, Daron - 2001

We show that even in the absence of diminishing returns in production and techno-logical spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns: countries that accumulate capital faster than...

Persistent link: https://www.econbiz.de/10012470646

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

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

Integration, Specialization, and the Adjustment

Krugman, Paul - 1993

In the United States, many industries have a Silicon Valley-type geographic localization. In Europe, these same industries often have four or more major centers of production. This difference is presumably the result of the formal and informal trade barriers that have divided the European...

Persistent link: https://www.econbiz.de/10012474381

R&D Investment and International Productivity Differences

Lichtenberg, Frank R. - 1992

This paper extends previous research on the effect of investment on labor productivity at the country level by accounting for investment in R&D, as well as for investment in fixed and human capital. Privately-funded R&D investment is found to have a significant positive effect on productivity....

Persistent link: https://www.econbiz.de/10012474807