Showing 1 - 10 of 709
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …
Persistent link: https://www.econbiz.de/10012602338
include studies of intra-industry trade (IIT) and analyses of industrial "competitiveness". This literature seems to assume …. -- export quality ; unit export value ; intra-industry trade ; competitiveness …
Persistent link: https://www.econbiz.de/10003887937
Helpman, Melitz and Rubinstein (2008) derive gravity equations to estimate effects of trade barriers on the intensive … and extensive margins of trade. They exploit the frequency of zeros in aggregate bilateral trade data to identify effects … extensive margin when data contain only positive trade flows. We also control for the pervasive presence of heteroscedasticity …
Persistent link: https://www.econbiz.de/10009011147
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in industries with different scope for product differentiation. Industry-specific demand and cost linkages induce a distinction between the returns to innovation. In differentiated...
Persistent link: https://www.econbiz.de/10011283837
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on … international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role … in computing general equilibrium trade-flow and welfare effects of trade-cost changes. This paper addresses theoretically …
Persistent link: https://www.econbiz.de/10011309578
firm will export or import. Foreign ownership has a large positive impact on the likelihood to engage in direct trade but a … negative effect on the likelihood to trade through intermediaries; the effects vary across upper and lower middle income …
Persistent link: https://www.econbiz.de/10009772816
firm will export or import. Foreign ownership has a large positive impact on the likelihood to engage in direct trade but a … negative effect on the likelihood to trade through intermediaries; the effects vary across upper and lower middle income …
Persistent link: https://www.econbiz.de/10009762374
Twenty years of negotiations over reform of the United Nations Security Council (UNSC) are yet to bear fruit. We use recent advances in the theory of a-priori voting power to present a formal quantitative appraisal of the "structural reforms" contained within eleven current reform proposals, and...
Persistent link: https://www.econbiz.de/10010358266
This paper studies the innovation strategies of multi-product firms in industries with different scope for product differentiation. In a simple model of multi-product firms, we show that returns to product versus process innovation are industry-specific. Demand and cost linkages induce a natural...
Persistent link: https://www.econbiz.de/10010396076
retail sector and recent developments in the literature on international trade with heterogeneous firms and on trade and …
Persistent link: https://www.econbiz.de/10010419792