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consistency of globalization represent challenges having in view the management of the internal balances between cashing ins and …
Persistent link: https://www.econbiz.de/10008480078
that global variety decreases from increased competition wherein imported varieties drive out some local varieties. This … which models this concern in two ways: a portion of a consumer’s income is spent overseas (i.e. tourism) and an existence … can fall as a result of declining trade barriers. Thus, for these criticisms of globalization to dominate, it must be that …
Persistent link: https://www.econbiz.de/10008596685
through both a terms-oftrade and a variety effect, and the paper shows how the relative importance of each depends on the …
Persistent link: https://www.econbiz.de/10011124345
This paper derives optimal trade and domestic taxes for a small open economy containing a monopolistically competitive (MC) sector in which firms may have heterogeneous productivity levels. Domestic protection brings gains from expanding the number of product varieties on offer, but these gains...
Persistent link: https://www.econbiz.de/10011083718
Recent trade data exhibit the following four empirical regularities: (i) countries import only a small fraction of all traded varieties (ii) per capita income and the number of imported varieties correlate positively (iii) per capita income and trade shares correlate positively and, finally,...
Persistent link: https://www.econbiz.de/10008474895
Recent trade data exhibit the following four empirical regularities: (i) countries import only a small fraction of all traded varieties (ii) per capita income and the number of imported varieties correlate positively (iii) per capita income and trade shares correlate positively and, finally,...
Persistent link: https://www.econbiz.de/10008917456
Standard international trade lectures normally comprises three central theories: the Ricardian Model, the Heckscher-Ohlin-Samuelson Modell and New Trade Theory à la Krugman 1979 and 1980. Nowadays this trilogy needs to be enhanced with the basic concepts of a new class of trade models: the New...
Persistent link: https://www.econbiz.de/10008498440
Standard international trade lectures normally comprises three central theories: the Ricardian Model, the Heckscher-Ohlin-Samuelson Modell and New Trade Theory `a la Krugman 1979 and 1980. Nowadays this trilogy needs to be enhanced with the basic concepts of a new class of trade models: the New...
Persistent link: https://www.econbiz.de/10008472094
and relative gains vis-a-vis other countries or trading poles. The model proves well suited for organising a wide variety …
Persistent link: https://www.econbiz.de/10005543478
No abstract.
Persistent link: https://www.econbiz.de/10010611599