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The gap in total factor productivity (TFP) growth in sawmill and wood preservation industry widened between the US and Canada over the period 1958 to 2003. Stages of the softwood lumber dispute had different effects on TFP growth. The strong housing market in the US increases imports of Canadian...
Persistent link: https://www.econbiz.de/10005804868
The specific factors model was used to determine potential adjustments due to FTAA on income redistribution among skilled labor groups in North Carolina. All wages but agriculture and manufacture labor are projected to rise. Returns to capital in service will increase while returns to capital in...
Persistent link: https://www.econbiz.de/10005806732
A change in the nomina1 exchange rate will have an impact on domestic industry if foreign prices do not adjust to keep the domestic price constant. Local industries for two heavily exported products, Alabama’s chemicals and primary metals, were affected by the exchange rate from 1975 to 1990....
Persistent link: https://www.econbiz.de/10008479493
A new measure of factor intensity and abundance from trade theory is utilized to predict potential trade and income redistribution between traditional and modern economies in the Gulf Cooperation Council. Differences in labor skill intensity and abundance suggest there will be substantial trade...
Persistent link: https://www.econbiz.de/10008522521
The chain proposition of comparative advantage states that when factor prices differ between two countries producing many products with two factors, every export of the capital abundant country would be more capital intensive than any of its imports. The present note points out that an economy...
Persistent link: https://www.econbiz.de/10008522539
This paper estimates exchange rate sensitivity of US cotton imports for three textile producers with floating or regularly adjusting exchange rates since the 1970s, Bangladesh, Indonesia, and Thailand. The cotton import market model includes mill use, US production cost, and an alternate supply....
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