Showing 39,991 - 40,000 of 41,116
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011083510
, wheat) at low prices and sold them on world markets at much higher prices, a policy equivalent to an export tax. Ali also … Egyptian history than from other poor countries at that time since Egypt faced the same terms of trade boom typical of most …
Persistent link: https://www.econbiz.de/10011083712
The paper proposes a general model that will encompass trade and social benefits of a common language, a preference for … externalities and international trade that are typically treated separately. …
Persistent link: https://www.econbiz.de/10011083809
Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …
Persistent link: https://www.econbiz.de/10011083876
This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and dispersion forces in the presence of pecuniary externalities through a selection model of monopolistic competition with endogenous markups. It shows that firm heterogeneity matters....
Persistent link: https://www.econbiz.de/10011083916
We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO … accession and argue that in the case of the U.S. the most important policy effect was a reduction in TPU: granting permanent …
Persistent link: https://www.econbiz.de/10011083973
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium … manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO …
Persistent link: https://www.econbiz.de/10011084003
internet, publishing and international trade. As to the second question, about the future prospects of English, the chapter …
Persistent link: https://www.econbiz.de/10011084005
continuum of goods to show that trade liberalization causes higher unemployment in countries with comparative advantage in … contradicting evidence in the empirical literature on the impact of trade on unemployment. …
Persistent link: https://www.econbiz.de/10011084120
have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper … develops a theoretical model of the relationship between trade and war which can help to explain both these observations …
Persistent link: https://www.econbiz.de/10011084262