Showing 40,051 - 40,060 of 40,985
Free Trade locates the source of that success in the innovative policy by which the Company’s Court of Directors granted … employees the right to pursue their own commercial interests while in the firm’s employ. Exploring trade network dynamics … was a dominant force in the expansion of trade between Europe and Asia, and she sheds light on the related problems of why …
Persistent link: https://www.econbiz.de/10011082762
Quantifications of gains from trade in heterogeneous firm models assume that productivity is Pareto distributed … better fit to sales distributions—especially in the left tail. The cost of log-normal is that gains from trade depend on the … firm sales in a given market, the log-normal assumption delivers gains from trade in a symmetric two country model that can …
Persistent link: https://www.econbiz.de/10011083251
Openness per se requires optimal monetary policy to deviate from the canonical closed-economy principle of domestic … price of food and in the world price of imported oil act as exogenous cost-push factors. …
Persistent link: https://www.econbiz.de/10011083335
fluctuations are poorly related to trade and financial linkages. Mediterranean cycles are time varying but their evolution is not …
Persistent link: https://www.econbiz.de/10011083350
environment that captures the effects of interregional and intersectoral trade in propagating disaggregated productivity changes … pairwise interregional trade across all 50 U.S. states, 26 traded and non-traded industries, labor as a mobile factor, and … matches the U.S. input-output matrix. Using data on trade flows by industry between states, as well as other regional and …
Persistent link: https://www.econbiz.de/10011083376
Foreign exchange windfalls such as those from natural resource revenues change non-resource exports, imports, and the capital account. We study the balance between these responses and, using data on 41 resource exporters for 1970-2006, show that the response to a dollar of resource revenue is,...
Persistent link: https://www.econbiz.de/10011083402
This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign …
Persistent link: https://www.econbiz.de/10011083409
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