Showing 1 - 10 of 612,811
The purpose of the paper is to outline an analytical framework which captures the ample scope of locational competition: cost differences, resulting from differences in factor prices including taxes, human capital, infrastructure services and total factor productivity. If cost differences are...
Persistent link: https://www.econbiz.de/10014128088
This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for sitations with outward knowledge spillovers. Within this framework Samuelson's "Act II" effects may occur....
Persistent link: https://www.econbiz.de/10003758086
Based on the conceptual results of Findlay, Grubert (1959) and Krugman (2000) we analyze the movement of the relative price of skill-intensive goods under skill-biased technological change and the countervailing effect of increasing world-wide supply of low-skilled-labor. While the labor supply...
Persistent link: https://www.econbiz.de/10003471041
How valuable are long-term supplier relationships? To address this question, this paper explores relationships between U.S. importers and their suppliers abroad. We first establish several facts: almost half of U.S. imports are in relationships three years or older, relationship survival and...
Persistent link: https://www.econbiz.de/10011417707
-proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …
Persistent link: https://www.econbiz.de/10011346866
The Heckscher-Ohlin theory and the Ricardian theory of international commerce traditionally have been treated as … integrated theory. This paper combines the Heckscher-Ohlin model and Ricardian model into a single unified framework and offers …
Persistent link: https://www.econbiz.de/10009693899
Based on the Heckscher-Ohlin-Vanek (H-O-V) theory, the paper develops theoretical models that lead to estimating cross …-industry equations in a proper way, when allowing for departures from some of the strong assumptions of the H-O theory, such as perfect … reformulate the rank hypotheses that allow for direct tests of the H-O-V theory when some of the assumptions of the original …
Persistent link: https://www.econbiz.de/10009696686
We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or agriculture is driven by comparative advantage and non-homothetic preferences. Countries are integrated through trade but trade is not costless and geographic position matters....
Persistent link: https://www.econbiz.de/10009621748
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting...
Persistent link: https://www.econbiz.de/10010229958
- proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …
Persistent link: https://www.econbiz.de/10011491928