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This paper shows that reduced heterogeneity of exporter-specific goods can provide a direct explanation of the distance puzzle. Using COMTRADE 4-digit bilateral trade data we find that the elasticity of trade to distance has increased by 8% from 1962 to 2009. Theoretical foundations of the...
Persistent link: https://www.econbiz.de/10011164391
This paper establishes that production unbundling has coincided with an inscreasing role of input costs in shaping the pattern of comparative advantage. I show that the wedge in the cost of the input bundle across countries in a multisectoral Ricardian model is given by a composite index of...
Persistent link: https://www.econbiz.de/10010932908
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This paper surveys the causes and consequences of late 19th century globalization, as well as the anti-globalization backlash of that period.
Persistent link: https://www.econbiz.de/10011164370
Cet article propose un bilan de l’évolution récente de l’aide au développement. Pour cela, il examine tout d’abord le montant global de l’aide et sa décomposition en grands indicateurs traditionnels de qualité — aide non liée, aide multilatérale, etc. L’article s’intéresse...
Persistent link: https://www.econbiz.de/10011164371
This paper studies the role of French intercontinental trade in the accumulation of domestic capital at the end of the Ancien Régime. It uses O’Brien’s method to measure the amount of annual profits generated from this sector. The marginal profits are then computed by estimating what return...
Persistent link: https://www.econbiz.de/10011164372
This paper checks if differences in market size can explain the retardation of the Industrial Revolution in France compared to Britain. It uses an exceptional source on French domestic trade in a variety of goods in the late eighteenth century: the Tableaux du Maximum. The first part presents...
Persistent link: https://www.econbiz.de/10011164373