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Production, Trade, and Cross-Border Data Flows
Chang, Qing; Cong, Lin William; Liyong, Wang; Zhang, … - National Bureau of Economic Research - 2023
We build a two-country general equilibrium model to analyze the effects of cross-border data flows and pre-existing development gaps in data economies on each country's production and international trade. Raw data as byproducts of consumption can be transformed into various types of working data...
Persistent link: https://www.econbiz.de/10014322803
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The Biophysical and Economic Geographies of Global Climate Impacts on Agriculture
Baldos, Uris - 2018
This paper explores the interplay between the biophysical and economic geographies of climate change impacts on agriculture. It does so by bridging the extensive literature on climate impacts on yields and physical productivity in global crop production, with the literature on the economic...
Persistent link: https://www.econbiz.de/10012452942
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The Global Spatial Distribution of Economic Activity : Nature, History, and the Role of Trade
Henderson, J. Vernon - 2016
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012456530
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Commodity Price Shocks and the Australian Economy since Federation
Bhattacharyya, Sambit - 2009
Even though Australia has experienced frequent and large commodity export price shocks like the Third World, it seems to have dealt with the volatility better. Why? This paper explores Australian terms of trade volatility since 1901. It identifies two major price shock episodes before the recent...
Persistent link: https://www.econbiz.de/10012463954
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Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913
Williamson, Jeffrey G. - 2008
W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...
Persistent link: https://www.econbiz.de/10012464805
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The Terms of Trade and Economic Growth in the Periphery 1870-1938
Blattman, Christopher - 2003
The contending fundamental determinants of growth -- institutions, geography and culture --exhibit far more persistence than do the growth rates they are supposed to explain. So, what exogenous shocks might account for the variance around those persistent fundamentals? The terms of trade seems...
Persistent link: https://www.econbiz.de/10012468757
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Looking Backward, Innovating Forward : A Theory of Competitive Cascades
Lim, Kevin; Trefler, Daniel; Yu, Miaojie - National Bureau of Economic Research - 2022
Innovation depends on exporting and, in particular, on scale and competition in export markets. We develop a theory …
Persistent link: https://www.econbiz.de/10013388811
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Savings and the Terms of Trade Under Borrowing Constraints
Agenor, Pierre-Richard - 2000
This paper examines the extent to which permanent terms-of-trade shocks have an asymmetric effect on private savings. The first part uses a simple three-period model to show that, if households expect to face binding borrowing constraints in bad states of nature, savings rates will respond...
Persistent link: https://www.econbiz.de/10012471007
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Adjusting Output and Productivity Indexes for Changes in the Terms of Trade
Diewert, W. Erwin - 1985
In this paper we employ index number theory in addressing the problem of adjusting real national income and real … domestic product for changes in a country's terms of trade. More specifically, using recent developments in the theory of … only production theory, whereas in the traditional paradigm which treats traded goods as perfectly substitutable with a …
Persistent link: https://www.econbiz.de/10012477521
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The Roles of the Terms of Trade and Nontraded-Good-Prices in Exchange Rate Variations
Stockman, Alan C. - 1984
This paper demonstrates that disturbances to supplies or demands for internationally traded goods affect exchange-rates differently than do disturbances in markets for nontraded goods. The paper develops a stochastic two-country equilibrium model of exchange rates, asset prices, and goods...
Persistent link: https://www.econbiz.de/10012477749