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We analyze the growth and welfare effects of globalization in a dynamic Schumpeterian North-South product-cycle model …
Persistent link: https://www.econbiz.de/10013149362
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436
structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into … the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 2 of the paper reviews the role of Asia's developmental states in consciously …
Persistent link: https://www.econbiz.de/10011880565
Persistent link: https://www.econbiz.de/10001905623
, growth, and industrialization. It is shown that the counterfactual prediction of new growth theories regarding a positive … process of industrialization, trade policy can influence long-run growth rates even in non-scale growth models. …
Persistent link: https://www.econbiz.de/10011525185
This paper presents a two-sector growth model of international trade that can account for the key features of the postwar world development experience. Two sectors represent the traditional primitive production and the modern sophisticated production. Due to increasing returns in the modern...
Persistent link: https://www.econbiz.de/10005731442
We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between...
Persistent link: https://www.econbiz.de/10010325533
We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or … lowering of trade barriers. -- industrialization ; economic geography ; international trade …
Persistent link: https://www.econbiz.de/10009621748
We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolitic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10003932606
We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10003937283