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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
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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
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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
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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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Chapter 4. Trade Theory with Numbers: Quantifying the Consequences of Globalization
Costinot, Arnaud; Rodríguez-Clare, Andrés - In: Handbook of international economics : Volume 4, (pp. 197-261). 2014
We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying … globalization. …
Persistent link: https://www.econbiz.de/10014025382
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Growth and trade with frictions : a structural estimation framework
Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...
Persistent link: https://www.econbiz.de/10011298529
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The long- and short-run relationship between the shadow economy and trade openness in Uganda
Esaku, Stephen - In: Cogent economics & finance 9 (2021) 1, pp. 1-19
This paper examines the relationship between the shadow economy and trade openness in Uganda, using autoregressive distributed lag bounds testing approach. We find that the shadow economy and trade openness have a long- and short-run relationship. These results hold even when alternative...
Persistent link: https://www.econbiz.de/10013183973
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Chapter 22. A Global View of Economic Growth
Ventura, Jaume - 2005
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10014023765
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Nexus Between Openness to Trade and Economic Growth : An Empirical Investigation of Afghanistan
wani, Nassir - 2022
The notion that international trade is the foundation of economic growth dates long back, and even now, an irresistible body of literature confirms a strong and positive link between trade openness and economic growth. However, most of these studies are focused on developed countries. Indeed...
Persistent link: https://www.econbiz.de/10013306001
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Arming in the Global Economy : The Importance of Trade with Enemies and Friends
Garfinkel, Michelle R. - 2019
We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...
Persistent link: https://www.econbiz.de/10012892081