Narrow search
Showing 1 - 10 of 276
Cover Image
The global welfare impact of China: Trade integration and technological change
Di Giovanni, Julian; Levchenko, Andrei A.; Zhang, Jing - 2013
Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a … balanced one in which China's productivity grows at the same rate in each sector, and an unbalanced one in which China …'s comparative disadvantage sectors catch up disproportionately faster to the world productivity frontier. Contrary to a well …
Persistent link: https://www.econbiz.de/10010352168
Cover Image
Low-Wage Import Competition, Inflationary Pressure, and Industry Dynamics in Europe
Auer, Raphael; Degen, Kathrin; Fischer, Andreas M. - 2011
average productivity with only a muted effect on wages or margins. Owing to the exit of firms and the increase in productivity …
Persistent link: https://www.econbiz.de/10011430088
Cover Image
Exchange Rate Pass-Through, Domestic Competition, and Inflation: Evidence from the 2005/08 Revaluation of the Renminbi
Auer, Raphael A. - 2014
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that US firms face in these markets is strongly driven by the prices of Chinese imports, and so is their pricing decision. This paper quantifies the effect of the...
Persistent link: https://www.econbiz.de/10011430113
Cover Image
Human Capital and the Dynamic Effects of Trade
Auer, Raphael A. - 2015
This paper examines the cross-country income and welfare consequences of trade-induced human capital (dis-)accumulation. The model is based on heterogeneous workers who make educational decisions in the presence of complete markets. When such heterogeneous workers invest in schooling, high type...
Persistent link: https://www.econbiz.de/10011430115
Cover Image
The heterogeneous effects of trade across occupations: A test of the Stolper-Samuelson Theorem
Basco, Sergi; Liégey, Maxime; Mestieri, Martí; … - 2020
This paper develops and implements a novel test of the Stolper-Samuelson theorem. We use nationally-representative matched employer-employee panel data from 1997 through 2015 to study the effect of the rise in China's exports on French worker earnings. Our version of the Stolper-Samuelson...
Persistent link: https://www.econbiz.de/10012653022
Cover Image
Globalization and heterogeneity: Evidence from Hollywood
Adler, Konrad; Fuchs, Simon - 2022
Linder (1961) conjectured that taste differences could impede trade flows. We extend Krugman (1980) to allow for producers that face taste heterogeneity with volatile demand. Consumers are characterized by different taste over product attributes and idiosyncratic risk. Firms face a portfolio...
Persistent link: https://www.econbiz.de/10014278295
Cover Image
The sources and magnitudes of Switzerland's gains from trade
Hepenstrick, Christian - 2011
This paper adapts the modern workhorse model of quantitative trade theory (Eaton and Kortum, 2002) as a measurement tool to quantify the magnitudes of Switzerland's gains from trade. I find that the importance of single trading partners for Switzerland's welfare is surprisingly small. The reason...
Persistent link: https://www.econbiz.de/10010316937
Cover Image
The elasticity of trade: Estimates and evidence
Simonovska, Ina; Waugh, Michael - 2011
Quantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data...
Persistent link: https://www.econbiz.de/10010282112
Cover Image
International trade theory and policy: A review of the literature
Sen, Sunanda - 2010
This paper provides a survey of the literature on trade theory, from the classical example of comparative advantage to the New Trade theories currently used by many advanced countries to direct industrial policy and trade. An account is provided of the neo-classical brand of reciprocal demand...
Persistent link: https://www.econbiz.de/10010286543
Cover Image
The Distributional Effects of International Fragmentation
Kohler, Wilhelm - 2002
Economic globalization causes an increasing international fragmentation (disintegration) of value-added-chains, whereby firms outsource components of production to foreign markets. There is a high level of concern about unwelcome distributional effects. This paper provides a theoretical...
Persistent link: https://www.econbiz.de/10010294506