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The key result of the so-called New Trade Theory is that countries gain from falling trade costs by an increase in the number of varieties available to consumers. Though the number of varieties in a given country rises, it is also true that global variety decreases from increased competition...
Persistent link: https://www.econbiz.de/10010292824
Persistent link: https://www.econbiz.de/10010334817
The key result of the so-called "New Trade Theory" is that countries gain from falling trade costs by an increase in the number of varieties available to consumers. Though the number of varieties in a given country rises, it is also true that global variety decreases from increased competition...
Persistent link: https://www.econbiz.de/10009728950
Persistent link: https://www.econbiz.de/10013068347
Following the trade collapse in 2009, Globalization has recovered but the growth rate slowed down compared to the preceding period of Hyper Globalization. The persistence of this slowdown is remarkable. We argue that increased awareness of firms for the costs of involvement in global supply...
Persistent link: https://www.econbiz.de/10012798203
The aim of the research presented in this paper is to assess the competitive potential of Polish agriculture (potential competitiveness) and the competitive position of the Polish agri-food sector on the Single European Market (SEM) with reference to the global context. The conducted research...
Persistent link: https://www.econbiz.de/10013234992
No abstract.
Persistent link: https://www.econbiz.de/10010611599
This paper presents a survey of the so-called "New Economic Geography" (NEG) approach to International Trade, giving particular emphasis to the impact of labour mobility on the spatial distribution of economic activities across integrated countries. The liberalisation of international trade...
Persistent link: https://www.econbiz.de/10014128531
Does fragmentation of production affect the trade patterns of different countries in similar ways? In contrast with current theories of vertical specialization, attempts to provide empirical evidence on this question have been based, in the vast majority of cases, only on a statistical analysis...
Persistent link: https://www.econbiz.de/10014068423
We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...
Persistent link: https://www.econbiz.de/10014025382