Showing 1 - 10 of 874
This paper develops a multi-country, general equilibrium, semi endogenous growth model of innovation and trade in which … specialization in innovation and production are jointly determined. The distinctive element of the model is the ability of the agents … countries and contemporaneous decreasing returns to R&D. The model features a two-way relationship between trade and technology …
Persistent link: https://www.econbiz.de/10014121186
Ricardian trade theory predicts that countries should produce and export according to their comparative advantage … fundamental theories of international trade, it has received little attention in the modern empirical literature, except for the … provide the first theoretically consistent estimation of the extent to which relative bilateral trade flows can be explained …
Persistent link: https://www.econbiz.de/10012890820
's per capita income and the extensive margin of bilateral trade. The underlying mechanism is based on the fact that agents … therewith the extensive margin of trade. We formalize this intuition by incorporating preferences that allow for binding non … expenditures and aggregate values of bilateral trade flows and find that the behavior of the model's extensive margin of bilateral …
Persistent link: https://www.econbiz.de/10009720581
This paper examines the impact of changes in the Chinese exchange rate on Korean exports taking into consideration the characteristics of the exported products. In this paper, we consider the degree of vertical product differentiation to be one of the causes that ease the negative spillover...
Persistent link: https://www.econbiz.de/10012862286
I propose a method of moments estimator of revealed comparative advantage based on a flexible specification of trade … flows that is consistent with a large class of gravity models of international trade. I show that this estimator has many … common to trade data …
Persistent link: https://www.econbiz.de/10012961971
Intra-industry trade has a paramount value in the theory of international trade due to the reason that it establishes … comparative advantage. The current research is an endeavour to examine the determinants of intra-industry trade through Augmented … Gravity Equation (AGE) and the potential of intra-industry trade through revealed comparative advantage (determined by the …
Persistent link: https://www.econbiz.de/10013443792
This paper investigates the trade migration link within a Ricardian model à la Eaton and Kortum (2002) and it … quantifies the pro-trade effects of immigrants for 18 manufacturing sectors in a sample of 19 OECD countries. The results are …" as the sector where immigration has the greatest impact on trade. The analysis shows that accounting for ethnic networks …
Persistent link: https://www.econbiz.de/10014147852
gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and …
Persistent link: https://www.econbiz.de/10010295378
Persistent link: https://www.econbiz.de/10013261107
Trade in intermediate goods as one possible link between rising trade and foreign direct investment is examined. To … explain growing intermediate goods trade, three hypotheses are brought forward: outsourcing, global sourcing and the … reason of growing trade in intermediate goods in the cross-section and the time-series framework. The evidence for …
Persistent link: https://www.econbiz.de/10011473479