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<titre traitementparticulier="non">Abstract</titre> When do exports lead to rents? And when are they shared with employees? This paper proposes a double empirical test that deals with this question, based on a mix of rent sharing theories and Cournot Oligopoly. We find that most of the OECD exporting activities are associated with some...
Persistent link: https://www.econbiz.de/10005560193
Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing...
Persistent link: https://www.econbiz.de/10005560413
The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...
Persistent link: https://www.econbiz.de/10005561154
The present study develops a simple analytically solvable heterogeneous firm model of trade, investment and migration; where foreign direct investment, international trade and labour migration are determined simultaneously. We estimate the theoretical model based on micro data for 4.5 million...
Persistent link: https://www.econbiz.de/10005622656
Global modeling has evolved remarkable in the last two decades. Such evolution led global modeling to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to...
Persistent link: https://www.econbiz.de/10005623330
Persistent link: https://www.econbiz.de/10005623791
This paper analyzes dynamic movement of outputs and market- clearing when mutually interdependent economies trade. The equilibrium evolution of stocks admit the possibility of monotonic or cyclical behavior, even in the long run. However, the prices eventually reach a steady-state but may...
Persistent link: https://www.econbiz.de/10005624064
Persistent link: https://www.econbiz.de/10005625207
The recent rapid growth in Asia's trade and the deregulation of its environement, together with discussions in international fora such as the World Trade Organization, have highlighted the linkages between the region's trade and environment. Trade policy is a relatively inefficient method of...
Persistent link: https://www.econbiz.de/10005625430
Measurements and theories of intra-industry specialization in international trade have been developed over the last 35 years or so, yet some important features of the phenomenon still remain unexplored. Strangely enough they resemble those which baffle astronomers studing our universe: When did...
Persistent link: https://www.econbiz.de/10005625606