Showing 1 - 10 of 8,141
The South American customs union known as Mercosur has contributed significantly to regional trade liberalization. But by encouraging trade within the group at the expense of trade with nonmembers, Mercosur may limit member countries' access to high-technology imports, an important stimulus to...
Persistent link: https://www.econbiz.de/10014049348
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011398011
This paper studies the connection between trade and growth in the context of a partial and inconsistent liberalization process in a specific Eastern European country in transition towards market economy, namely, the Republic of Belarus. The analysis of the country trade patterns during the USSR...
Persistent link: https://www.econbiz.de/10014114578
larger productivity gains from trade liberalization than previously thought …
Persistent link: https://www.econbiz.de/10013325305
Regional economic integration through logistics, information network and connectivity improvement can increase the 'virtual size' of an economy as trade with neighboring countries increases. This leads to substantial benefits from scale, network, coordination and agglomeration economies. As is...
Persistent link: https://www.econbiz.de/10009734294
Using a gravity model, this article presents an analysis of aggregate trade flows aimed at identifying China’s impact on Latin America’s trade. The results obtained indicate that: i) China´s growth in the last years implied a growing supply of exports to this market from most countries in...
Persistent link: https://www.econbiz.de/10009668548
Innovations in information- and telecommunication technology render the proximity requirement between business partners obsolete and make business service outsourcing via cross-border trade more feasible. Although the (service-led) growth prospects have been widely discussed, evidence at the...
Persistent link: https://www.econbiz.de/10009619057
One of the most striking features of the world economy is that wealthy countries are clustered together. This paper theoretically and empirically explains a mechanism for this clustering by extending the Acemoglu and Ventura model so that it takes real geography into account. Countries close to...
Persistent link: https://www.econbiz.de/10012732749
Transportation infrastructure is a way for governments to achieve development goals by connecting peripheral areas to urban centers. This is particularly important in a country like China where income is highly unequally distributed across space. Yet understanding the gains from transportation...
Persistent link: https://www.econbiz.de/10012907510
their ability to reduce costs, enabling research and development, increased productivity among other advantages. This paper …
Persistent link: https://www.econbiz.de/10012979647