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relative importance of different sources of comparative advantage in explaining trade, with particular focus on policy and … empirical investigation is performed for bilateral trade of 55 OECD and selected emerging market (SEM) economies and 44 … manufacturing sectors covering the entirety of merchandise trade. Our results show that comparative advantage remains an important …
Persistent link: https://www.econbiz.de/10009319069
This paper contributes new empirical evidence on the relationship between productivity and international trade. This is … of the relationship between trade in intermediate and final products and productivity in countries at different stages of … economic development. The results show that various forms of trade integration strongly support productivity in emerging …
Persistent link: https://www.econbiz.de/10011277095
International trade produces income gains across the world by facilitating an efficient allocation of production among … trading countries. However, increased trade exposure also creates some challenges, and there are adjustment costs associated … with changing trade patterns. Effective complementary policies, by promoting flexibility and adaptation within economies …
Persistent link: https://www.econbiz.de/10011277128
policy initiatives address some of these differences. Our results suggest that while firm size clearly influences the trade …
Persistent link: https://www.econbiz.de/10011277102
mobility of labour can substantially impact the economy and international trade, by causing a long-term decrease in net … migration that would alter the labour supply in many economies. To capture these macro-economic and trade effects, a global … macroeconomic model (NiGEM) and a general equilibrium trade model (METRO) were used to simulate a stylised scenario equivalent to a …
Persistent link: https://www.econbiz.de/10013174635
receiving economy. The report shows that emphasis should be placed on services in the debate on trade and growth and that …Services are the main drivers of economic growth in OECD countries and they are becoming increasingly innovative. This … developing countries. It first explores how trade in services increases exposure to foreign technologies. The four modes of …
Persistent link: https://www.econbiz.de/10004962838
competition and strong institutions. Through this lens, trade reform can be promoted as a necessary tool of growth and development … principal losers. Charting the way ahead will require that trade policy be seen in a broader domestic context which recognises …
Persistent link: https://www.econbiz.de/10004962864
This study aims at exploring how recent developments in the retail sector affect trade in consumer goods. It focuses on … and trade policy are complementary. In developing countries the entry of international retailers can have a positive …
Persistent link: https://www.econbiz.de/10012442885
to freer trade, in most models these costs are assumed to be very small. However, more recent evidence is casting doubt …, facilitating the comparison of short term labour market impacts from trade across countries. Data are reported at the individual … results are consistent with modern trade theory which posits that an expanding export sector rewards mostly high skilled …
Persistent link: https://www.econbiz.de/10011277094
This paper focuses on the market openness aspects of regulatory reform in Indonesia to devise recommendations for improving the country’s regulatory processes. These recommendations involve institutionalising independent and objective evaluations of policies from an economy-wide perspective,...
Persistent link: https://www.econbiz.de/10011277098