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This paper first investigates the pattern of trade and industrial productivity in the ASEAN, China, and India (ACI). By … growth in manufacturing sectors. Both international trade and intra-region trade in the ACI countries increase dramatically … in the last decade. The imports from India to China are mostly ordinary trade whereas those from ASEAN to China are …
Persistent link: https://www.econbiz.de/10013067958
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The present paper aims to disseminate the factors that had an impact on international trade during the economic crisis …
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amount to a summary of my views about international trade theory over the latest forty years or so, I'm giving the comments a …
Persistent link: https://www.econbiz.de/10013075724
inequality in a vertically fragmented production structure typical of off-shore outsourcing to developing countries like China or … specific-factor general equilibrium structure where factor returns are endogenously determined within a production structure …
Persistent link: https://www.econbiz.de/10013076486
In models of pure theory of international trade, no unique production structure is dominant. By grafting a specific … factor structure onto a Heckscher-Ohlin framework, in a hybrid general equilibrium production model, this paper presents … sector will lead to a drop in the return to the specific capital type depending on the grafted production structure. The …
Persistent link: https://www.econbiz.de/10013076495
Multi-sector variants of standard gravity models typically predict much larger gains from trade than their one …-sector counterparts. This paper explores to what extent this result is due to the relevant cross-sector variation observed in trade …). Results suggest that, for benchmark values of the trade elasticity that applies to the one-sector specification, heterogeneous …
Persistent link: https://www.econbiz.de/10012835804
linkages, trade in intermediate goods and sectoral heterogeneity in production. We use our model to quantify the welfare effect …The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production … networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral …
Persistent link: https://www.econbiz.de/10012837986
I propose a method of moments estimator of revealed comparative advantage based on a flexible specification of trade … flows that is consistent with a large class of gravity models of international trade. I show that this estimator has many … common to trade data …
Persistent link: https://www.econbiz.de/10012961971