Kikuchi, Toru; Marjit, Sugata; Mandal, Biswajit - School of Economics, University of Queensland - 2012
The main purpose of this study is to illustrate, with a simple two-factor (skilled and unskilled labor) model, how a time-saving improvement in business-services trade benefitting from differences in time zones can have an impact on national factor markets. In doing so, we intend to capture the...