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Recent Perspectives on Trade and Inequality
Harrison, Ann E. - 2017
The 1990's dealt a blow to traditional Heckscher-Ohlin analysis of the relationship between trade and income inequality, as it became clear that rising inequality in low-income countries and other features of the data were inconsistent with that model. As a result, economists moved away from...
Persistent link: https://www.econbiz.de/10012975846
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Estimation of Climate Change Damage Functions for 140 Regions in the Gtap9 Database
Roson, Roberto - 2017
Climate change damage (or, more correctly, impact) functions relate variations in temperature (or other climate variables) to economic impacts in various dimensions, and are at the basis of quantitative modeling exercises for the assessment of climate change policies. This document provides a...
Persistent link: https://www.econbiz.de/10012968733
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Task Trade between Similar Countries
Grossman, Gene M. - 2017
The authors propose a theory of task trade between countries that have similar relative factor endowments and technological capabilities but may differ in size. Firms produce differentiated goods by performing a continuum of tasks, each of which generates local spillovers. Tasks can be performed...
Persistent link: https://www.econbiz.de/10012975733
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Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
Hakobyan, Shushanik - 2017
Using data on net exports and factor endowments for more than 100 countries, this paper studies the relationship between factor endowments and comparative advantage in 28 manufacturing sectors between 1975 and 2010. The authors allow for systematic technological differences across countries,...
Persistent link: https://www.econbiz.de/10012966005
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Global Recessions
Kose, M. Ayhan - 2020
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
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Does the Global Trade Slowdown Matter?
Constantinescu, Cristina - 2018
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world …
Persistent link: https://www.econbiz.de/10012936149
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Disaggregating the Impact of the Internet on International Trade
Osnago, Alberto - 2017
The Internet has transformed the way countries trade by reducing the costs of exporting. This paper quantifies the impact of Internet adoption on international trade. It shows that the Internet has a positive, nuanced, impact on international trade: bilateral exports are more affected when...
Persistent link: https://www.econbiz.de/10012968215
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How Do Differing Standards Increase Trade Costs? The Case of Pallets
Raballand, Gaël - 2017
sizes around the world. The case of pallets is examined to illustrate the impact of multiplicity of standards on trade costs …. We select this case because pallets are used all around the world, pallet standards are not too sophisticated, and data … because of the lack of rental and exchange pallet markets. To mitigate the costs of this multiplicity of standards, the World …
Persistent link: https://www.econbiz.de/10012971036
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Some Thoughts on Making Long-Term Forecasts for the World Economy
Fardoust, Shahrokh - 2017
the world urgently need to see the big picture if they are to deal with the specific challenges and opportunities they …
Persistent link: https://www.econbiz.de/10012973755
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Services Linkages and the Value Added Content of Trade
Francois, Joseph F. - 2017
Services trade constitute roughly one-third of trade on a value added basis, and much of this is concentrated in margin services (transport, logistics) linked to trade in goods. However, producer services are also part of the value added contained in traded goods. This is especially true in high...
Persistent link: https://www.econbiz.de/10012974434