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This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10010679665
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …
Persistent link: https://www.econbiz.de/10011279236
on trade volumes and patterns, and a non-negligible welfare impact. In the counterfactual scenario in which each country … the data. In this counterfactual scenario, welfare is also 1.6% higher for the median country compared to the baseline …. The welfare impact varies greatly across countries, ranging from −1.1% to +4.3% among OECD countries, and from −4.6% to …
Persistent link: https://www.econbiz.de/10011264803
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …
Persistent link: https://www.econbiz.de/10010282334
disproportionate share of overall economic activity. This distribution of firm size is crucial for evaluating the welfare impact of … which the parameters are calibrated to match the observed distribution of firm size, we show that the welfare impact of high … U.S. level leads to an average increase in welfare of only 3.25%. In addition, when the firm size distribution follows …
Persistent link: https://www.econbiz.de/10004981882
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10010352162
This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of … short run the impact of migration on average welfare in these countries is close to zero, while the skilled and unskilled …
Persistent link: https://www.econbiz.de/10010755474
on trade volumes and patterns, and a non-negligible welfare impact. In the counterfactual scenario in which each country … the data. In this counterfactual scenario, welfare is also 1.6% higher for the median country compared to the baseline …. The welfare impact varies greatly across countries, ranging from ..1.1% to +4.3% among OECD countries, and from ..4.6% to …
Persistent link: https://www.econbiz.de/10010425622
Persistent link: https://www.econbiz.de/10011709290
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10009789158