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We introduce a general quantifiable framework to study the location decisions of multinational firms. In the model, firms choose in which locations to pay the fixed costs of setting up production, taking into account potential complementarities among production locations. The firm's location...
Persistent link: https://www.econbiz.de/10014437008
questions and related policy dilemmas. This paper addresses two questions: How is digital service trade shaped by (1) AI …
Persistent link: https://www.econbiz.de/10014437056
What are a country's policy options in the face of emerging technologies development in a global economy? To answer this question, we examine optimal dynamic policies in an open economy where technology is endogenously accumulated through R&D innovation. Our key insight is that a country has...
Persistent link: https://www.econbiz.de/10014372460
alteration of financial and trade relationships. Mechanisms that generate gains from integration, such as external economies of … from trade and economic security. While an individual country can make itself better off, uncoordinated attempts by … the global financial and trade system. We study financial services as a leading application both as tools of coercion and …
Persistent link: https://www.econbiz.de/10015171710
The field of international trade has undergone significant theoretical and empirical advancements over the last twenty … implications of trade cost shocks on real income. Additionally, a branch of the empirical literature has unshackled itself from the …,' remain in international trade research. I outline new potential areas for theoretical research, including incorporating …
Persistent link: https://www.econbiz.de/10015171713
harmonization. Moreover, the role of regulatory cooperation depends in important ways on the pattern of trade: in the presence of … intra-industry trade, the potential role of an agreement tends to be more limited, and under some conditions it can only …
Persistent link: https://www.econbiz.de/10015171719
I study the equilibrium and the welfare effects of international trade when product markets are imperfectly competitive … market is imperfectly competitive. International trade increases the measure of firms in the market, intensifies competition …, lowers markups, and unambiguously increases welfare. These "natural" effects of trade emerge generically in the Burdett …
Persistent link: https://www.econbiz.de/10015171656
We use Brazilian administrative employer-employee matched data of worker demographics, industry of affiliation, occupation, and wages to examine whether females in managerial and executive positions (cracks in the glass ceiling) lead to more gender-equal workplace outcomes. In response to the...
Persistent link: https://www.econbiz.de/10015171663
deep trade agreements; and countries, especially small ones, sharing these traits with attractive destinations receive …
Persistent link: https://www.econbiz.de/10014337843
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …
Persistent link: https://www.econbiz.de/10013361989