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estimation of trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors … elasticities for North Macedonia - i.e. trade elasticities relevant to policy - and ultimately to calibration choices. …
Persistent link: https://www.econbiz.de/10012266397
trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors, which is … North Macedonia - i.e. trade elasticities relevant to policy - and ultimately to calibration choices. The income and price …
Persistent link: https://www.econbiz.de/10012260864
-Maximilians-Universität München. It includes six self-contained chapters which deal with the following topics in empirical international trade and …, trade, and informal employment as illustrated by the maquiladora industry in Mexico (chapter 4), the interaction between … migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10011742960
China's rapid rise in the global economy following its 2001 World Trade Organization (WTO) entry has raised questions … benefits. We find that the China trade shock reduced the U.S. manufacturing price index by 7.6 percent between 2000 and 2006 … first, which has received much attention in the literature, is the United States granting permanent normal trade relations …
Persistent link: https://www.econbiz.de/10011942762
Helpman, Melitz and Rubinstein (2008) derive gravity equations to estimate effects of trade barriers on the intensive … and extensive margins of trade. They exploit the frequency of zeros in aggregate bilateral trade data to identify effects … extensive margin when data contain only positive trade flows. We also control for the pervasive presence of heteroscedasticity …
Persistent link: https://www.econbiz.de/10010276068
This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...
Persistent link: https://www.econbiz.de/10010276554
0.7, while import price changes that can be traced back to exchange rate movements of other trade partners only have … mild effects on US prices. Further analysis points to the importance of trade integration, variable markups, and demand …
Persistent link: https://www.econbiz.de/10011430113
consumers via an extended set of consumption possibilities, as pointed out in the "New Trade Theory". In this paper, we apply … imported variety for the 27 countries of the European Union using highly disaggregated trade data at the HTS-8 level from … variety for consumers stem from intra-European Union trade. …
Persistent link: https://www.econbiz.de/10010427572
agglomeration decreased over time, leading to further dispersion of economic activities. Only the branches of retail trade, other … services sectors can be best explained by Traditional and New Trade Theories, New Economic Geography appears to be not relevant …' agglomeration in the European Union. In particular, agglomeration in retail trade is positively ifluenced by an increase in …
Persistent link: https://www.econbiz.de/10010311706
improves their perfirmance compared with non-exporters. We develop and test a simple model of trade and international …
Persistent link: https://www.econbiz.de/10010313225