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of trade in parts and components. Products are more internationalized and less identified with any particular country … paper explores the implications of these developments in the context of a standard trade model. Component specialization in …
Persistent link: https://www.econbiz.de/10009219598
Developing a three-sector and four-factor general equilibrium model, this paper offers an explanation of wage inequality in a vertically fragmented production structure typical of off-shore outsourcing to developing countries like China or India. The model characterizes a typical developing...
Persistent link: https://www.econbiz.de/10011111717
The domestic repercussions of trade liberalization have come under intense scrutiny in recent years. Trade … Europe. A key concern has been trade with low-wage developing countries. Although economists have studied the issue, no clear … problems, causing trade to be blamed for developments that should properly be attributed to other factors. But even taken on …
Persistent link: https://www.econbiz.de/10005700465
Effects of different reformatory policies have always been a pulsating concern for the researchers and policy makers. Considering this concern, this paper attempts to check various effects of reformatory policies such as labor market reform, tariff cut, change in subsidy, bureaucratic reform in...
Persistent link: https://www.econbiz.de/10012030240
How does intranational factor mobility shape the welfare effects of a trade shock? I provide evidence that during WWI … aggregate gains of trade formula to take domestic reallocation into account more than triples the estimated welfare effects. …
Persistent link: https://www.econbiz.de/10012653502
Effects of different reformatory policies have always been a pulsating concern for the researchers and policy makers. Considering this concern, this paper attempts to check various effects of reformatory policies such as labor market reform, tariff cut, change in subsidy, bureaucratic reform in...
Persistent link: https://www.econbiz.de/10012152168
How does intranational factor mobility shape the welfare effects of a trade shock? I provide evidence that during WWI … aggregate gains of trade formula to take domestic reallocation into account more than triples the estimated welfare effects. …
Persistent link: https://www.econbiz.de/10012544292
Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...
Persistent link: https://www.econbiz.de/10014175063
of trade in parts and components. Products are more internationalized and less identified with any particular country … paper explores the implications of these developments in the context of a standard trade model. Component specialization in …
Persistent link: https://www.econbiz.de/10014058258
We construct a general equilibrium model and analyze the effectiveness of trade reform in a distorted economy where … distortion exists in form of bureaucratic corruption that arises because of trade protection at the border. In this kleptocratic … to prove that whether trade liberalization necessarily helps reducing corruption activities and to check what happens to …
Persistent link: https://www.econbiz.de/10008540994