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Many of today's social justice challenges stem from the post-Great Recession economy's creation of new wealth while simultaneously expanding the wealth gap. This article explores the idea of a new national strategy for regional economic development by conducting a comparative analysis of the...
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This paper studies the role of reduced barriers to international trade from two dimensions: (i) the implementation of Free Trade Agreements and (ii) declining "border effects". Our empirical estimates suggest that diminished border effects accounts for the bulk of the increase in international...
Persistent link: https://www.econbiz.de/10012909797
Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....
Persistent link: https://www.econbiz.de/10013315671
We examine the influence of two distinct regime changes in US border security on the number of persons traveling from the US into Mexico on day trips. In contrast to increases in overall US tourism to Mexico and rapidly growing trade linkages, day trips to Mexico fell by over 20 % between 2000...
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International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining "border effects" that are arguably related to the ICT revolution...
Persistent link: https://www.econbiz.de/10012216588
This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...
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