Showing 1 - 10 of 64
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/10011478180
Differences in environmental regulation between rich and poor countries have caused a geographical relocation of polluting industry from the former to the latter. In several cases the reduction in domestic emissions is at least partly compensated by an increase in trans-boundary pollution which...
Persistent link: https://www.econbiz.de/10011522609
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/10011522613
We show in this paper that trade in tasks can explain increasing resistance to globalization in industrialized countries. In a traditional trade model of a small open economy, we demonstrate that schooling provides protection against losses from trade if trade increases the relative price of the...
Persistent link: https://www.econbiz.de/10012268115
The paper represents a new reading of the traditional Ricardian theory of comparative advantages to tackle current challenges of environmental and climate policy. In the style of David Ricardo, it demonstrates that international trade is a positive-sum game in a twogoods, two-countries world...
Persistent link: https://www.econbiz.de/10012438053
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/10013342030
This paper approaches an extremely current topic, namely the substitution of synthetic nitrogen, very expensive and polluting, with nitrogen of biological synthesis, through the peas and Rhizobium system, cheap and nonpolluting. The entire economy is going through a period of crises, generated...
Persistent link: https://www.econbiz.de/10014340825
The current context generated by the armed conflict between Ukraine and Russia brings to the foreground an important issue concerning the international trade in cereals, mainly the transit of cereals from/to Ukraine via the Black Sea to/from Ukraine's trading partners. While the transit of...
Persistent link: https://www.econbiz.de/10014340851
Benefiting from pedoclimatic conditions favorable to grain cultivation, Romania was an important player in international trades. In the context of the current geopolitical changes, the paper aims to identify the position occupied by Romania in the global trade of maize and wheat in the period...
Persistent link: https://www.econbiz.de/10014340855
The paper aims to study the reaction of the Romanian vegetable sector to the disruption of trade flows due to the Covid-19 pandemic, analysing the evolution of the trade of the main vegetable products in the last decade in Romania and making comparisons with the most important vegetable...
Persistent link: https://www.econbiz.de/10014340865