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This chapter was prepared for the Handbook of International Economics (Vol. 5) edited by Gita Gopinath, Elhanan Helpman, and Kenneth Rogoff. We provide a review of the recent literature -- both theoretical and empirical -- analyzing the multi-dimensional connections between globalization and...
Persistent link: https://www.econbiz.de/10012794638
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market advantage. While trade costs, foreign production costs, and...
Persistent link: https://www.econbiz.de/10012457086
-existent, under-developed or emerging regulatory oversight, notably Africa. This paper assesses the quality of 1470 antibiotic and … tuberculosis drug samples that claim to be made in India and were sold in Africa, India, and five mid-income non-African countries … distribution of these substandard products is not random: they are more likely to be found as unregistered products in Africa than …
Persistent link: https://www.econbiz.de/10012458199
We show that the negative impact of financial crises on trade is magnified for destinations with longer time-to-ship. A simple model where exporters react to an increase in the probability of default of importers by increasing their export price and decreasing their export volumes to...
Persistent link: https://www.econbiz.de/10012460386
Network connections within MNCs seem to improve export market shares for Asian affiliates of those MNCs. In particular, Asian affiliates of U.S. MNCs export more to markets where their parent firms' exports to affiliates are larger, and less to markets where their parent firms export more to...
Persistent link: https://www.econbiz.de/10012473620
. Lastly, we argue that the substantial shift of US apparel imports away from Asia in favor of Mexico and the Caribbean during …
Persistent link: https://www.econbiz.de/10012468443
Sub-Saharan Africa experienced a terms of trade boom that was comparable to other parts of the 'global periphery' from the … Africa. We also show that the accelerated export growth after the establishment of colonial rule deepened Africa …
Persistent link: https://www.econbiz.de/10012457454
We analyze a two-country model of trade in both legitimate and counterfeit products. Domestic firms own trademarks and establish reputations for delivering high-quality products in a steady-state equilibrium. Foreign suppliers export legitimate low-quality merchandise and counterfeits of...
Persistent link: https://www.econbiz.de/10012477200
Previous work by Dixit and Woodland on the effect of inter-country factor endowment differences on goods trade is extended to include simultaneous factor trade and goods trade. The goods trade pattern with factor trade is compared to that without factor trade. It is for instance shown that goods...
Persistent link: https://www.econbiz.de/10012478105
This paper reviews recent research on geography and trade. One of the key empirical findings over the last decade has been the role of geography in shaping the distributional consequences of trade. One of the major theoretical advances has been the development of quantitative spatial models that...
Persistent link: https://www.econbiz.de/10012481124