Showing 1 - 10 of 2,892
of competition with every destination market is evaluated, proving price-driven competition with Canada, Sweden, the UK … for Canada and the UK, while LCPS for the exports to US in fixed-effects model turned out to be an erroneous result, as …
Persistent link: https://www.econbiz.de/10009744056
Canada has continued to lose market share in the United States since the Great Recession, beyond what our bilateral …
Persistent link: https://www.econbiz.de/10010403332
relative to the current equation used at the Bank of Canada. First, we develop two new foreign activity measures (FAMs), which … add new components to the FAM currently used at the Bank of Canada. The first measure adds US exports and US government …, we add a new variable to the equations, the trend of Canada's manufacturing share of output, to control for structural or …
Persistent link: https://www.econbiz.de/10011586555
This paper develops a general test of factor price equalization that is robust to unobserved regional productivity differences, unobserved region-industry factor quality differences and variation in production technology across industries. We test relative factor price equalization across...
Persistent link: https://www.econbiz.de/10010293049
Relative wages vary considerably across regions of the United Kingdom, with skill-abundant regions exhibiting lower skill premia than skill-scarce regions. This paper shows that the location of economic activity is correlated with the variation in relative wages. U.K. regions with low skill...
Persistent link: https://www.econbiz.de/10010293067
We discuss how the welfare ranking of fixed and flexible exchange rate regimes in a New Open Economy Macroeconomics model depends on the interplay between the degree of exchange rate pass-through and the elasticity of substitution between home and foreign goods. We identify combinations of these...
Persistent link: https://www.econbiz.de/10010298837
This paper analyses the revealed comparative advantage for six European countries: Austria, France, Germany, Italy, the Netherlands and the UK. The results can be summarized as the follows: Italy always had a trade specialisation index which was well above average. Apart from Italy, whose trade...
Persistent link: https://www.econbiz.de/10010300196
This paper develops a Heckscher-Ohlin-type framework in which relative factor prices are affected by output prices as well as by total factor productivity growth. The empirical analysis finds no evidence that the relative prices of unskilled-labour- intensive manufactures, adjusted for total...
Persistent link: https://www.econbiz.de/10010265343
This paper re-examines the trade-based explanation of increased wage inequality in developed countries by focusing on international outsourcing. It is the first detailed study to address the effects of outsourcing on labour markets in the UK. In a recent paper, Feenstra and Hanson (1996)...
Persistent link: https://www.econbiz.de/10010265562
This paper investigates the relationship between exports and overseas links using data from the UK Community Innovation Survey. Overseas vertical and horizontal links are associated with an average increase in export intensity of 74 and 156 percent for vertical and horizontal overseas links...
Persistent link: https://www.econbiz.de/10010265701