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Trade and growth in an unequal global economy

Kohler, Andreas - 2012

This paper studies the patterns of trade and the incentives to innovate in an unequal global economy. We introduce non-homothetic preferences in a general-equilibrium model of endogenous growth and international trade between two countries, and argue that the effects of market integration on the...

Persistent link: https://www.econbiz.de/10009742589

International Trade in General Oligopolistic Equilibrium

Neary, J. Peter - 2016

This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming “continuum-Pollak” preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a...

Persistent link: https://www.econbiz.de/10013000218

Technology Upgrading, Exporting and Heterogeneous Firms

Ferguson, Shon M. - 2011

Empirical evidence shows that R&D spending is highly correlated with firm productivity, highly concentrated among large firms, and responsive to trade liberalization. This paper develops a model of product upgrading with heterogeneous firms that captures these characteristics by allowing firms...

Persistent link: https://www.econbiz.de/10013129071

Trade, insecurity, and the costs of conflict

Garfinkel, Michelle Robin; Skaperdas, Stergios; … - 2022

Typically, economics assumes that property rights over productive resources or goods are perfectly defined and costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In this paper, we examine how international trade regimes...

Persistent link: https://www.econbiz.de/10013419262

Quality Heterogeneity and Global Economic Growth

Dinopoulos, Elias - 2010

This paper develops a fully-endogenous, variety-expansion growth model with firm-specific quality heterogeneity, limit pricing, and an endogenous distribution of markups. Trade induces only firms with high-quality products to export, whereas firms with low-quality products serve only the...

Persistent link: https://www.econbiz.de/10013152545

Has globalization gone far enough? : The costs of fragmented international markets

Bradford, Scott C.; Lawrence, Robert Z. - 2004

Persistent link: https://www.econbiz.de/10001768076

The elasticity of trade : estimates and evidence

Simonovska, Ina; Waugh, Michael E. - 2011

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...

Persistent link: https://www.econbiz.de/10009010513

Global gains from trade liberalization

Fan, Haichao; Lai, Edwin L.-C.; Qi, Han - 2012 - This draft: March 31, 2012

What has been the overall global welfare impact of the accession to the World Trade Organization of a large country like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a simple user-friendly formula to calculate the global...

Persistent link: https://www.econbiz.de/10009515732

Icebergs versus tariffs : a quantitative perspective on the gains from trade ; conference paper

Felbermayr, Gabriel; Jung, Benjamin; Larch, Mario - 2013

We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize the analysis of Arkolakis, Costinot and...

Persistent link: https://www.econbiz.de/10010344632

Massachusetts, Burma, and the World Trade Organization : A Commentary on Blacklisting, Federalism, and Internet Advocacy in the Global Trading Era

Fitzgerald, Peter L. - 2014

-CIO International Affairs Committee declared in the wake of the Seattle protests, "Globalization has reached a turning point. The future … communication technologies embodied in the Internet are fueling the globalization of the world economy. Ironically, the same tools … of globalization, which harkens back to the old debate between the "win-lose" view of trade-the notion that "First World …

Persistent link: https://www.econbiz.de/10014055082

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