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This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10014220825
This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10003728408
determinant of the distribution of world population and a prime cause of the 'Great Divergence' in income per capita across …
Persistent link: https://www.econbiz.de/10014060187
Persistent link: https://www.econbiz.de/10003759305
Persistent link: https://www.econbiz.de/10003669771
Persistent link: https://www.econbiz.de/10002644588
This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...
Persistent link: https://www.econbiz.de/10010347039
model of international trade and productivity growth in the presence of a misallocation of resources. Misallocation in a … the absence of any explicit trade barriers. In the model, whether barriers diminish or worsen with productivity growth … productivity growth leads to diminishing barriers and vice versa. In either case, productivity growth strengthens the comparative …
Persistent link: https://www.econbiz.de/10013028419
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436
both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew …
Persistent link: https://www.econbiz.de/10010425622