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This paper uses firm level data to investigate the impact of trade liberalization on manufacturing sector employment in Morocco. This paper extends the existing research in various dimensions. First, it analyses the effect of trade openness on different skill levels of the manufacturing labor...
Persistent link: https://www.econbiz.de/10005408010
Trade and investment in services is inhibited by a range of policy restrictions, but the best offers so far in the Doha negotiations are on average twice as restrictive as actual policy. They will generate no additional market opening. Regulatory concerns help explain the limited progress. We...
Persistent link: https://www.econbiz.de/10008784711
Andrew Berg and Anne Krueger present a review of an abundant literature, showing that there is a link between trade liberalization and poverty reduction that works mainly through the growth-inducing effects of trade. The existence of this link, therefore, becomes an important argument for...
Persistent link: https://www.econbiz.de/10005119331
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...
Persistent link: https://www.econbiz.de/10005661768
After 1870, and long before the rise of the Asian Tigers and the group of emerging economies of Brazil, Russia, India, China, and South Africa, industrial output grew fast enough in the poor periphery to achieve unconditional convergence on the industrial leaders. The Philippines was part of the...
Persistent link: https://www.econbiz.de/10011261251
Does national market size matter for industrial strucure? This has been suggested by theoretical work on "home market" effects, as in Krugman (1980, 1995). In this paper, I show that what apreviously was regarded as an assumption of convenience - transport costs only for the differentiated goods...
Persistent link: https://www.econbiz.de/10005245632
Does national market size matter for industrial structure? This has been suggested by theoretical work on "home market" effects, as in Krugman (1980, 1995). In this paper, I show that what previously was regarded as an assumption of convenience - transport costs only for the differentiated goods...
Persistent link: https://www.econbiz.de/10005486338
Using a database of 440 international political crises over the period 1918-2002, we find that international crises reduce world market stock returns by approximately four percent per annum. Crises cause large negative stock market reactions in their first month, lower than average returns...
Persistent link: https://www.econbiz.de/10012734299
This paper surveys recent contributions on the Internalisation issue, based on different theories of the firm, to show how the make-or-buy decision, at an international level, has been assessed through the opening up of the quot;black boxquot; - traditionally explored by the theorists of the...
Persistent link: https://www.econbiz.de/10012736565
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity gains for domestic firms. The size of FDI spillovers is...
Persistent link: https://www.econbiz.de/10012782422