Showing 1 - 10 of 2,775
This paper estimates relative differences in factor prices (and thus industry comparative cost differences) between the United States and each of eight country groups by relating differences in factor-use requirement and actual bilateral export/import ratios across industries. Predictions...
Persistent link: https://www.econbiz.de/10012477901
Although many modern studies find large and significant effects of prior colonial status on bilateral trade, there is very little empirical research that has focused on the contemporaneous impact of empire on trade. We employ a new database of over 21,000 bilateral trade observations during the...
Persistent link: https://www.econbiz.de/10012464882
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the …
Persistent link: https://www.econbiz.de/10012473066
We apply a modified 'gravity model' incorporating measures of factor endowments to analyze Japanese and U.S. bilateral trade flows and direct foreign investment positions with a sample of around 100 countries for the period 1985-1990. Country features that our analysis takes into account are...
Persistent link: https://www.econbiz.de/10012473842
There is a widespread view that world payments imbalances can be remedied through increased demand in surplus countries … redistribution of world spending away from the US leads to an excess supply of US goods unless accompanied by a decline in their … relative price. Although some economists believe that the integration of world capital markets somehow eliminates this problem …
Persistent link: https://www.econbiz.de/10012476644
prices in Brazil and abroad, export prices relative to home prices and export prices relative to prices in world trade. The … increase in their relative price in world trade in 1968-1974. The paper dealing with the monetary approach explains reserve and …
Persistent link: https://www.econbiz.de/10012478593
The First Opium War (1840-42) was a watershed in the history of China. In its aftermath Britain and other countries forced open new ports to foreign trade through international treaties. Chinese institutions of trade were abolished and re-organized under Western management, Western legal...
Persistent link: https://www.econbiz.de/10012481413
This chapter (to appear in the forthcoming Handbook of International Economics, Vol. 5) develops a framework with which to interpret and survey answers to the question: how does increased openness affect aggregate welfare in a typical developing country? We decompose answers into four...
Persistent link: https://www.econbiz.de/10012629534
exporters including Malaysia. On the import side, the falls in world oil prices impact sharply on import values. We also compare …
Persistent link: https://www.econbiz.de/10012462514
has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a …
Persistent link: https://www.econbiz.de/10012463931