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performed by humans in a subset of industries. An increase in robot adoption in the North reduces the cost of production and … robot intensity in own production leads to: (i) a rise in imports sourced from less developed countries in the same industry … further reductions in robot prices. Northern robotization may lead to higher wages and welfare in the South …
Persistent link: https://www.econbiz.de/10012896809
This paper studies the impact of transport infrastructure projects of the Belt and Road Initiative on shipment times and trade costs. Based on a new data on completed and planned Belt and Road transport projects, Geographic Information System analysis is used to estimate shipment times before...
Persistent link: https://www.econbiz.de/10012909447
China's Belt and Road Initiative aims to improve connectivity between China and more than 70 countries through infrastructure investment and regional cooperation. The initiative has the potential to accelerate significantly the rate of economic integration and development in the region, as trade...
Persistent link: https://www.econbiz.de/10012888866
This paper examines how cities and regions within countries are likely to adjust to trade openness and improved connectivity driven by large transport investments from China's Belt and Road Initiative. The paper presents a quantitative economic geography model alongside spatially detailed...
Persistent link: https://www.econbiz.de/10012888980
This paper develops a computable spatial equilibrium model of Central Asia and uses it to analyze the possible effects of the Belt Road Initiative on the economy of the region. The model captures international and subnational economic units and their connectivity to each other and the rest of...
Persistent link: https://www.econbiz.de/10012888981
This paper presents a structural general equilibrium model to analyze the effects on trade, welfare, and gross domestic product of common transport infrastructure. Specifically, the model builds on the framework by Caliendo and Parro (2015) -- a Ricardian model with sectoral linkages, trade in...
Persistent link: https://www.econbiz.de/10012889425
The Belt and Road Initiative, due to its diverse and extensive infrastructure investments, poses a wide range of environmental risks. Some projects have easily identifiable and measurable impacts, such as energy projects' greenhouse gas emissions. Others, such as transportation infrastructure,...
Persistent link: https://www.econbiz.de/10012894083
This paper investigates how internal migration is affected by Brazil?s increased integration into the world economy. It analyzes the impact of regional differences in access to foreign demand on sector-specific bilateral migration rates between the Brazilian states for the years 1995 to 2003....
Persistent link: https://www.econbiz.de/10012971713
This paper introduces a new data set and establishes a set of basic facts and patterns regarding the trade that countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as well as the levels of and changes to the trade values,...
Persistent link: https://www.econbiz.de/10012972945
This paper studies the impact of deep agreements on United Kingdom-European Union trade relations. A standard gravity model is applied to assess the effect that European Union membership had on the United Kingdom's trade. The paper uses new information on the content of trade agreements to build...
Persistent link: https://www.econbiz.de/10012965127