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estimation pointtowards a positive long-run growth effect arising from trade specialization in medium …
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estimation pointtowards a positive long-run growth effect arising from trade specialization in medium …
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"This paper investigates the deepening of the international division of labor and its effect on factor intensities in Japan, mainly focusing on the manufacturing sector. In the first half of the paper, we analyze the factor contents of trade and find that Japan's factor content net-exports of...
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China''s sectoral trade composition, product quality mix, and import content of processing exports have all changed substantially during the past decade. This has rendered trade elasticities estimated using aggregate data highly unstable, with more recent data pointing to significantly higher...
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