this paper we build a simple North-South model of trade where the manufacturing plants are completely outsourced in a …

, automation capital, and population growth. In the empirical analysis, we find indications for cointegrating equations for the … step, we present a standard neoclassical growth model augmented by automation capital and capital adjustment costs that is …

German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth … equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward …

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 … size increases. As a result, increased market acces through trade liberalization can increase the demand for contract. Thus …

challenges of environmental and climate policy. In the style of David Ricardo, it demonstrates that international trade is a … goods as in the classical Ricardian world. However, the main findings still apply that international trade extends the … countries. The mutual benefit of international trade depends, however, on restraining CO2 emissions according to the targets set …

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 skill-intensive good. Furthermore, increasing public schooling …

This paper examines the effects of international trade and resource management in a two-country model where each … resources). We show that contrary to conventional wisdom, an opening up of trade is likely to raise the steady state utility of … state, a resource-good importing country should implement stricter resource management after trade than under autarky but it …

three main steps: (i) We first consider a simplified trade model that is centered on the assumption that countries' global … a multi-product Eaton and Kortum (2002)-model, and show how our main insights from the simplified trade model apply to …

We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ … a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the …