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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
emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …
Persistent link: https://www.econbiz.de/10012745407
This paper investigates if trade can help achieve the United Nations Sustainable Development Goal of poverty … eradication using microeconomic and macroeconomic mechanisms and the effects of trade and trade policy on consumer prices … household may be lifted out of or pushed into poverty. The impacts of trade on growth and longer-term consequences of trade …
Persistent link: https://www.econbiz.de/10011576860
trade contributes to economic growth, this could, in turn, impede economic development. Despite extensive literature on the … migration-trade nexus, there are few examples of policymakers highlighting the role of migration for internationalization. One …
Persistent link: https://www.econbiz.de/10012163436
specialization in trade between Lithuania and the EU are determined. For measurement the pattern of export specialization in … advantage. Secondly, trade dissimilarity index is used to predict structural changes in Lithuanian exports. Using these methods … of measurement and standard international trade classification (SITC) was determined the nature and pattern of Lithuanian …
Persistent link: https://www.econbiz.de/10012011085
Trade encourages economic expansion and improves welfare based on international division of labor. However, trade also …
Persistent link: https://www.econbiz.de/10014390373
Growing shares of international trade flows consist of intermediate and unfinished goods shipped from one country to … of international fragmentation of production in Europe, looking at how it affects relative labor demand. Models of trade … change in the relative factor intensities of the affected industries. We use international trade data specifically related to …
Persistent link: https://www.econbiz.de/10014071907
Persistent link: https://www.econbiz.de/10010440870
bilateral trade relation between Mexico and the United States from a value added perspective. Once we take into account that … at the sectoral level with significant differences between the gross and value added sectoral trade balances: an … improvement of most sectoral US trade balances, particularly for those sectors importing significant amounts of intermediate goods. …
Persistent link: https://www.econbiz.de/10012240117
Do international trade and technological change influence how firms create incentives for human capital? I present a … trade liberalizations and skill-biased technological change alter the way how the largest firms in an economy incentivize … to trade or when production becomes more I.T. intensive. …
Persistent link: https://www.econbiz.de/10011345788