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Growth and trade with frictions : a structural estimation framework
Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015
. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
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The Skill Bias of World Trade
Epifani, Paolo; Gancia, Gino - 2005
of world trade matters for wage inequality. Therefore, trade integration, even among identical countries, is likely to … be reconciled with the fast growth of world trade and that the intersectoral mobility of capital exacerbates the effect … skill bias of world trade …
Persistent link: https://www.econbiz.de/10014060842
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The Skill Bias of World Trade
Epifani, Paolo; Gancia, Gino A. - 2002
skill-intensive sectors, the entire volume of world trade matters for wage inequality. This implies that trade integration … falling relative price of skill-intensive goods can be reconciled with the fast growth of world trade and that the … results and a quantitative assessment of the skill bias of world trade …
Persistent link: https://www.econbiz.de/10014117301
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Economic growth, financial development, and income inequality
Park, Donghyun; Shin, Kwanho - 2015
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
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Threshold and interaction effects in the trade, growth, and inequality relationship
Leyaro, Vincent - 2015
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries over 30 years (1980 to 2010). As there is no clear theoretical relationship between trade (exports) and inequality, and as inequality can be considered a proxy for 'governance...
Persistent link: https://www.econbiz.de/10010465444
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Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners
Keller, Wolfgang - 1997
In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects...
Persistent link: https://www.econbiz.de/10014190059
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Why does the productivity of investment vary across countries?
Nell, Kevin S.; Thirlwall, Anthony P. - 2017
productivity of investment differs between countries. This paper converts a "new" growth theory regression equation into … neoclassical growth theory, and to identify the major determinants of differences in the productivity of investment using the …A country's growth of output is identically equal to its ratio of investment to output and the productivity of …
Persistent link: https://www.econbiz.de/10011617404
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Revisiting the real exchange rate misalignment-economic growth nexus via the across-sector misallocation channel
Giordano, Claire - 2023
Real effective exchange rate (REER) imbalances may affect economic growth by altering the allocation of labour and capital across sectors. This study assesses whether the component of inter-sectoral production factor misallocation induced by REER misalignments significantly hinders economic...
Persistent link: https://www.econbiz.de/10014255788
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Corporate taxes and multi-product exporters : theory and evidence from trade dynamics
Flach, Lisandra; Irlacher, Michael; Unger, Florian - 2019
This paper analyzes how exporters are affected by corporate tax reforms in destination markets. We introduce tax policy in a trade model of multi-product firms and show that producers face tougher competition in export markets with lower corporate tax rates. This competitive effect induces firms...
Persistent link: https://www.econbiz.de/10012060880
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Corporate taxes and multi-product exporters : theory and evidence from trade dynamics
Flach, Lisandra; Irlacher, Michael; Unger, Florian - 2019
This paper analyzes how exporters are affected by corporate tax reforms in destination markets. We introduce tax policy in a trade model of multi-product firms and show that producers face tougher competition in export markets with lower corporate tax rates. This competitive effect induces firms...
Persistent link: https://www.econbiz.de/10012064599