Showing 1 - 10 of 143
This paper gives a new answer to the old question of whether international trade and capital flows are substitutes or complements. In contrast to conventional intuition, we show that when Heckscher-Ohlin trade takes place in high-skill and low-skill intensive goods, this does create incentives...
Persistent link: https://www.econbiz.de/10011301790
We propose a structural alternative to the Economic Complexity Index (ECI, Hidalgo and Hausmann 2009; Hausmann et al. 2011) that ranks countries by their complexity. This ranking is tied to comparative advantages. Hence, it reveals information different from GDP per capita on the deep underlying...
Persistent link: https://www.econbiz.de/10012623197
We analyze the interplay between product-intrinsic complexity and endogenously chosen product quality in international trade. Our work reveals a novel mecha-nism that can explain a rich set of empirical observations: (1) how specialization within products on quality can equalize comparative...
Persistent link: https://www.econbiz.de/10011528060
This paper analyses the effect of innovation on the well-established productivity-export association in the literature …. Here, we argue that actively innovative firms have a higher productivity, which make them more likely to become exporters … further, which may facilitate future productivity. We use the micro-data from two waves of Swedish Community Innovation Survey …
Persistent link: https://www.econbiz.de/10011340882
This study analyzes empirically the effects of import competition on firm productivity (TFPQ) using administrative firm … positive incentives for firms to invest in productivity improvement, whereas import competition from middle- and low …. Costly investment in productivity appears feasible reaction to such type of competition and we find no evidence for …
Persistent link: https://www.econbiz.de/10012287851
This paper examines the effects of international trade and resource management in a two-country model where each country controls domestic harvest to prevent over-exploitation of an internationally shared renewable resource (e.g., fishery resources). We show that contrary to conventional wisdom,...
Persistent link: https://www.econbiz.de/10011340657
Since innovative firms are often financially constrained, access to external funds is important for the expansion of innovative industries. This paper reports four important results. First, comparative advantage is shaped by factor endowments as well as fundamental determinants of corporate...
Persistent link: https://www.econbiz.de/10010270287
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
Persistent link: https://www.econbiz.de/10011400598
The paper empirically explores the international linkages between gender inequality and trade flows of a sample of 92 developed and developing countries. The focus is on comparative advantage in labour-intensive manufactured goods. The results indicate that gender wage inequality is positively...
Persistent link: https://www.econbiz.de/10010295961
The Association Agreement between Jordan and the EU entered into force in 2002. It provides a gradual reduction of import duties on EU products over a period of twelve years. In this paper we investigate the economic implications of induced trade liberalization on aggregate economic performance...
Persistent link: https://www.econbiz.de/10010301469