Showing 1 - 10 of 29,102
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
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...
Persistent link: https://www.econbiz.de/10012602338
This study estimates the effect of trade facilitation measures implementation on trade costs in Asia and the Pacific using data from the United Nations Global Survey on Trade Facilitation and Paperless Trade Implementation. Impact of different sets of measures are considered, from a basic set of...
Persistent link: https://www.econbiz.de/10011786720
this loss in the existence value outweighs the direct benefits from consumption. -- Trade theory ; Globalization ; Variety … that global variety decreases from increased competition wherein imported varieties drive out some local varieties. This … which models this concern in two ways: a portion of a consumer’s income is spent overseas (i.e. tourism) and an existence …
Persistent link: https://www.econbiz.de/10009728950
The paper reviews selected implications of trade integration via global value chains (GVC) and identifies gaps in understanding of GVC risks. Despite recent significant progress, many GVC risks remain unknown. The paper also discusses pros and cons of possible strategies to minimise GVC risks...
Persistent link: https://www.econbiz.de/10014324195
As countries and firms increasingly seek ways to strengthen the resilience of their supply chains, this paper studies the global economic costs of a decoupling of global supply chains along geopolitical lines as well as in strategic sectors. We explore not only the long-run effects, but also the...
Persistent link: https://www.econbiz.de/10014362644
It has become common to measure the quality of exports using their unit export value (UEV). Applications of this method include studies of intra-industry trade (IIT) and analyses of industrial "competitiveness". This literature seems to assume that export quality and export price (the most...
Persistent link: https://www.econbiz.de/10003887937
By combining two large data sets (on international trade flows and cross-border mergers and acquisitions - M&As), we test two implications of Neary’s (2003, 2007) general oligopolistic equilibrium (GOLE) model (incorporating strategic interaction between firms in a general equilibrium...
Persistent link: https://www.econbiz.de/10011374427
Persistent link: https://www.econbiz.de/10013075538
In the analysis of bilateral trade flows, reported trade of zero or missing observations are quite common and this is a problem when estimating log-linear gravity equations. This has caused many researchers to either ignore the zero trade flows or to replace the zero with a small positive...
Persistent link: https://www.econbiz.de/10013079085