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on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010412753
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine and in turn … presence of trade opportunities conferred differential gains from trade across regions, fostering predatory behavior from the … redistribution featuring direct income transfers in return for safe passage to conduct trade. A commitment problem, however, rendered …
Persistent link: https://www.econbiz.de/10013027218
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine and in turn … presence of trade opportunities conferred differential gains from trade across regions, fostering predatory behavior from the … redistribution featuring direct income transfers in return for safe passage to conduct trade. A commitment problem, however, rendered …
Persistent link: https://www.econbiz.de/10013045114
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine and in turn … presence of trade opportunities conferred differential gains from trade across regions, fostering predatory behavior from the … redistribution featuring direct income transfers in return for safe passage to conduct trade. A commitment problem, however, rendered …
Persistent link: https://www.econbiz.de/10011716022
This paper provides new evidence on how offshoring shifts relative labor demand for tasks at the industry level. A novel theoretical mechanism, based on sorting of heterogeneous workers into occupations with task dependent offshoring cost, guides estimation. Cost shares of tasks are linked to...
Persistent link: https://www.econbiz.de/10009792970
. Whereas trade does not affect the firm-internal assignment of workers to tasks in a setting with fully flexible wages, it … consequences for firm-level productivity, if low-skilled wages are fixed by a minimum wage. In this case, trade leads to higher per …
Persistent link: https://www.econbiz.de/10010344499
This paper studies the implications for wage inequality of two distinct forms of globalisation, namely trade and …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … interplay between trade, FDI and labour market institutions. …
Persistent link: https://www.econbiz.de/10012315942
This paper studies a novel type of misallocation of credit between investments of varying liquidity. One type of investment is more liquid, i.e., its return is more pledgeable, and the other is more productive. Low liquidities of both investment types imply that the allocation of credit is...
Persistent link: https://www.econbiz.de/10012843309
China has been accused exchange rate manipulation that has caused large U.S. trade deficits, which have reduced U ….S. welfare by increasing unemployment and reducing wages. In addition, the strong claims by some observers that the trade … the Renminbi (RMB) against the US$ would reduce the U.S. global trade deficit represents the triumph of hope over …
Persistent link: https://www.econbiz.de/10014045825
The extent to which a country can bene t from trade openness crucially depends on its ease of reallocating resources …. However, we know little about the role of domestic frictions in shaping the e ects of trade policies. I address this question … trade liberalization has induced signi cant spatial labor reallocation in China, with a stronger e ect in regions with less …
Persistent link: https://www.econbiz.de/10011566100