Showing 1 - 10 of 1,403
economy, built in Excel that features tax interventions at the input, output, consumption and trade levels. The model features …
Persistent link: https://www.econbiz.de/10005077833
economy, built in Excel. The model features the most common graphical devices used to explain the model properties. It differs …
Persistent link: https://www.econbiz.de/10004995391
economy, built in Excel. The model features the most common graphical devices used to explain the model properties. It differs …
Persistent link: https://www.econbiz.de/10005007508
This paper contributes to the debate on the effects of trade versus technological change on wage differentials. We propose an explanation of the stylized facts which is based on interactions between openness and technological change because of labor market institutions and government...
Persistent link: https://www.econbiz.de/10011339677
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10011514094
Following the approach proposed earlier, the authors extended the empirical tests of Heckscher-Ohlin Theorem to the European Union (EU) import markets. Utilizing extra-trade data provided by Eurostat on imports between 1995 and 2008 for EU15, those between 1999 and 2008 for EU27, and Chinese...
Persistent link: https://www.econbiz.de/10013139439
Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix that computes the local factor content of foreign...
Persistent link: https://www.econbiz.de/10013141086
In empirically validating the Heckscher-Ohlin (H-O) model of trade, the preponderant majority of the literature has concentrated on the net factor content of trade. Contrastingly, by utilizing an industrial-level data set of nine OECD countries, this paper applies data envelopment analysis...
Persistent link: https://www.econbiz.de/10012837342
In recent years, Spain has received unprecedented immigration flows. Between 2001 and 2006 the fraction of the population born abroad more than doubled, increasing from 4.8% to 10.8%. For Spanish provinces with above-median inflows (relative to population), immigration increased by 24% the...
Persistent link: https://www.econbiz.de/10012725003
The core subjects of trade theory are the pattern and volume of trade: which goods are traded by which countries, and how much of those goods are traded. The first part of this paper discusses evidence on comparative advantage, with an emphasis on carefully connecting theoretical models with...
Persistent link: https://www.econbiz.de/10012733168