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of trade in parts and components. Products are more internationalized and less identified with any particular country … paper explores the implications of these developments in the context of a standard trade model. Component specialization in …
Persistent link: https://www.econbiz.de/10009219598
Developing a three-sector and four-factor general equilibrium model, this paper offers an explanation of wage inequality in a vertically fragmented production structure typical of off-shore outsourcing to developing countries like China or India. The model characterizes a typical developing...
Persistent link: https://www.econbiz.de/10011111717
The domestic repercussions of trade liberalization have come under intense scrutiny in recent years. Trade … Europe. A key concern has been trade with low-wage developing countries. Although economists have studied the issue, no clear … problems, causing trade to be blamed for developments that should properly be attributed to other factors. But even taken on …
Persistent link: https://www.econbiz.de/10005700465
We construct a general equilibrium model and analyze the effectiveness of trade reform in a distorted economy where … distortion exists in form of bureaucratic corruption that arises because of trade protection at the border. In this kleptocratic … to prove that whether trade liberalization necessarily helps reducing corruption activities and to check what happens to …
Persistent link: https://www.econbiz.de/10008540994
Specific Factor general equilibrium models of trade. I would also strive to focus on the wage-inequality paradigm. …
Persistent link: https://www.econbiz.de/10008493595
(english) The starting point of this paper is given by country situations where trade liberalization is expected to be … question we ask is what are the distributive aspects of trade which are worth documenting to better help governments integrate … trade policies within a global policy framework so as to enhance growth and reduce poverty and inequality. The method …
Persistent link: https://www.econbiz.de/10005196391
We construct a general equilibrium model with a protected intermediate sector and analyze the effectiveness of trade … reform for a small open economy where bureaucratic corruption arises because of trade protection. Intermediaries are employed … by the producers in order to avoid paying the import tariff. We use an HOSV kind of framework to prove whether trade …
Persistent link: https://www.econbiz.de/10010738011
In this paper we propose a theoretical model where formal and informal sectors co-exist in tandem. Trade union …
Persistent link: https://www.econbiz.de/10008835349
The starting point of this paper is given by country situations where trade liberalization is expected to be poverty … we ask is what are the distributive aspects of trade which are worth documenting to better help governments integrate … trade policies within a global policy framework so as to enhance growth and reduce poverty and inequality. The method …
Persistent link: https://www.econbiz.de/10011074153
fragmentation, which predicts a declining pattern of capital-labor ratios following trade liberalization. Empirical results from …We examine the effects of trade liberalization on structural changes at the plant-level and industry-level. The … traditional Heckscher-Ohlin (H-O) model predicts an increase in capital-labor ratios in a labor abundant country after trade …
Persistent link: https://www.econbiz.de/10011213190