Showing 1 - 10 of 4,358
Since changes in trade openness are typically confounded with other factors, it has been difficult to identify the … labor market consequences of increased international trade. The advent of the United States Interstate Highway System … provides a unique policy experiment, which I use to identify the effect of reducing trade barriers on the relative demand for …
Persistent link: https://www.econbiz.de/10012731757
An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in … which trade should increase therelative return of the relatively abundant factor. We develop a simple model of trade … withcapital market imperfections, and show that trade can increase the skill premium in boththe North and the South, and both in …
Persistent link: https://www.econbiz.de/10008860714
relationship between trade, FDI and labor markets. We do so under thefollowing (not mutually exclusive) headings: (1) slicing … empirical work covering the labor market effects of trade and FDI. Finally,we identify and summarize the existing research gaps …
Persistent link: https://www.econbiz.de/10009360562
This paper documents a robust empirical regularity: in the long-run, higher trade openness iscausally associated to a … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures …. Thepreferred specification suggests that a 10 percent increase in total trade openness reducesunemployment by about one percentage …
Persistent link: https://www.econbiz.de/10009360638
-North intermediate goods trade framework. International product market integration leads to redistribution of market shares from 'weak … restrictions which prevent the economy from reaching a first best allocation. The positive welfare effects of opening to trade are … integration. -- employment protection ; firing margin ; trade in intermediate goods ; labor market turnover ; revenue risk …
Persistent link: https://www.econbiz.de/10009683967
wealth. We use a two factor general equilibrium model and assume credit markets are absent. We explore the effects of trade … that developed countries need to ensure access to education when liberalizing trade to ensure they reap the potential gains … from trade …
Persistent link: https://www.econbiz.de/10014057061
Persistent link: https://www.econbiz.de/10009582563
We propose a simple model of trade outside the law preyed on by robbers and possiblyprotected by private cops. We … establish the conditions for trade collapse, secure trade andinsecure trade. Endogenous predation and enforcement can explain … both puzzling failures ofcommonly observed state policies against illegal trade and puzzlingly large trade responses …
Persistent link: https://www.econbiz.de/10005870996
technology adoption and trade in a world of two countriesfacing different technology adoption costs. It shows that a reduction in …
Persistent link: https://www.econbiz.de/10009302524
International trade costs are of vital importance because they determine trade patterns and therefore economic … performance. This paper develops a new micro-founded measure of international trade costs. It is based on a multi-country general … equilibrium model of trade that incorporates bilateral 'iceberg' trade costs. The model results in a gravity equation from which …
Persistent link: https://www.econbiz.de/10014054654