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In this paper we demonstrate that intra-industry trade (or FDI)between identical countries could produce theobserved deterioration in the relative wages of unskilled workers.This involves a model of North-Northintegration through either increased trade flows or increased MNE-based production....
Persistent link: https://www.econbiz.de/10011303867
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central … frictions. Under perfect within-country factor mobility, the gains to the rest of the world from trade integration of emerging … hand, the distributional effects of the emerging giants' trade integration are an order of magnitude larger, with changes …
Persistent link: https://www.econbiz.de/10013076647
We develop a model of international trade between two symmetric countries that features inter-group inequality between entrepreneurs and workers, and also intra-group inequality within each of those two groups. Individuals in the economy are heterogeneous with respect to their entrepreneurial...
Persistent link: https://www.econbiz.de/10012724167
We discuss the role of the dispute settlement mechanism (DSM) of the World Trade Organization (WTO) in the context of a complex characterization of globalization. The dispute settlement mechanism (DSM) of the World Trade Organization (WTO) is at present a controversial exercise at the...
Persistent link: https://www.econbiz.de/10012726486
variety of matters; mounting tensions in the U.S.-China relationship; differences over definitions, priorities, and …
Persistent link: https://www.econbiz.de/10013231871
facilitating economic integration among nations. As part of these efforts, national governments adopted policies to remove …
Persistent link: https://www.econbiz.de/10013238115
We develop a model of international trade between two symmetric countries that features inter-group inequality between entrepreneurs and workers, and also intra-group inequality within each of those two groups. Individuals in the economy are heterogeneous with respect to their entrepreneurial...
Persistent link: https://www.econbiz.de/10013316502
This paper assesses the importance of border and non-border policies for global economic integration. The focus is on …
Persistent link: https://www.econbiz.de/10012446035
revealed, particularly for East and Southeast Asian where China plays a key role. Services are increasingly important for …
Persistent link: https://www.econbiz.de/10012136151
integration of trade, finance, investments, labor markets and ideas in one globalmarketplace. The most important elements of this … economic integration is being created within a few specific regions of the world: Europe, North America and East Asia. …
Persistent link: https://www.econbiz.de/10011992014