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We propose a normative assessment of the value of international trade that is rooted in production theory and embeds … Ricardo's 1817 formulation of the gains from trade into a multi-factor general equilibrium framework. Without imposing strong … the magnitude and the sources of the gains from trade. A high quality data set on product and task-specific factor …
Persistent link: https://www.econbiz.de/10009570570
In the Belle Époque, Belgium recorded an unprecedented trade boom, but growth in output per capita was lackluster. We … seek to reconcile this ostensible paradox. Because of the sharp decline in both fixed and variable trade costs, the trade … illustrate these claims. In line with new trade theory, the effect of trade on productivity was mediated by sector-level firm …
Persistent link: https://www.econbiz.de/10013030134
In the Belle Époque, Belgium recorded an unprecedented trade boom, but growth in output per capita was lackluster. We … seek to reconcile this ostensible paradox. Because of the sharp decline in both fixed and variable trade costs, the trade … illustrate these claims. In line with new trade theory, the effect of trade on productivity was mediated by sector-level firm …
Persistent link: https://www.econbiz.de/10012457815
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increased opportunity and ability of firms to expand their foreign trade, has recently been challenged by George Borjas in … precisely that evidence of a powerful pro-trade effect of international migration. Here we extend that body of evidence by … looking to history. We show that immigration, primarily from Europe between 1870 and 1910, had an important pro-trade effect …
Persistent link: https://www.econbiz.de/10011403912