Showing 1 - 10 of 89
East Asia has rapidly become the third centre of gravity for global economic activity. North America is relatively well integrated with East Asia, but Europe is not. This paper explores the extent to which economic growth and trade policy developments over the next decade or so will strengthen...
Persistent link: https://www.econbiz.de/10005123497
Protection unconstrained by rules typically varies considerably over time. The policy disciplines introduced in the Uruguay Round in `new' areas such as agricultural, services, and developing country industrial protection will constrain, but not eliminate, this variability. The effects of these...
Persistent link: https://www.econbiz.de/10005067539
We offer a duality-based methodology for incorporating multi-sector effects of international trade into open economy macroeconomic models, developing the concepts of the dynamic factor price equalization set and the integrated intertemporal equilibrium. Under this approach, the aggregate...
Persistent link: https://www.econbiz.de/10010294888
We offer a duality-based methodology for incorporating multi-sector effects of international trade into open economy macroeconomic models, developing the concepts of the dynamic factor price equalization set and the integrated intertemporal equilibrium. Under this approach, the aggregate...
Persistent link: https://www.econbiz.de/10005504202
We offer a duality-based methodology for incorporating multi-sector effects of international trade into open economy macroeconomic models, developing the concepts of the dynamic factor price equalization set and the integrated intertemporal equilibrium. Under this approach, the aggregate...
Persistent link: https://www.econbiz.de/10005627247
Differences in the rate of population growth between developed and developing countries have potentially important implications for patterns of trade, migration, and the distribution of the gains from economic activity, both within and between nations. This paper focuses on migration-related...
Persistent link: https://www.econbiz.de/10005656465
This paper highlights analytical reasons why we believe trade and technology are linked to wage movements in general, and how we should organize our examination of the recent episode of wage and employment erosion in the OECD countries. We start with a graphic tour through the mechanics of...
Persistent link: https://www.econbiz.de/10005661954
Wie in vergangenen Rezessionen verursachte auch die Wirtschaftskrise 2008-2009 Spannungen im internationalen Handelssystem. Allerdings spielen diesmal Importzölle, das klassische Instrument, um eigene Industries vor ausländischer Konkurrenz zu schützen, keine bedeutende Rolle, vor allem nicht...
Persistent link: https://www.econbiz.de/10011379787
Like all crises in the past, the economic downturn of 2008-2009 caused some frictions in the international trading system. Import tariffs, the traditional instrument for protecting domestic industries, however, have not played the primary role in this, particularly not in industrialised...
Persistent link: https://www.econbiz.de/10011379788
We are concerned with trade in transport services (not cabotage butrather international shipping, transport,and related logistical services) and the importance of competitionand market structure in the sector. Weexamine implications of liberalization for profits, trade, andnational gains from...
Persistent link: https://www.econbiz.de/10010324387