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Is there a short-run case for protectionism? : Trade policy and the business cycle
Larch, Mario; Lechthaler, Wolfgang - 2011
Recently, the world economy has seen its greatest down turn since World War II. Although not as bad as during the Great Depression, there was still a worrisome increase in protectionist measures, in an attempt to mitigate the economic downturn. Protectionism can have many different faces. It can...
Persistent link: https://www.econbiz.de/10009162112
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Offshoring and skill-upgrading in French manufacturing : a Heckscher-Ohlin-Melitz view
Carluccio, Juan; Cuñat, Alejandro; Fadinger, Harald; … - 2015
-proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …
Persistent link: https://www.econbiz.de/10011346866
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Comparative advantage in international trade : theory
Ursulescu, Mirela - 1996
Based on the Heckscher-Ohlin-Vanek (H-O-V) theory, the paper develops theoretical models that lead to estimating cross …-industry equations in a proper way, when allowing for departures from some of the strong assumptions of the H-O theory, such as perfect … reformulate the rank hypotheses that allow for direct tests of the H-O-V theory when some of the assumptions of the original …
Persistent link: https://www.econbiz.de/10009696686
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Geography and comparative advantage
Ricci, Luca Antonio - 1996
This paper investigates the relation between agglomeration of economic activity and the pattern of specialization of countries. We develop a model encompassing a Ricardian comparative advantage, increasing returns to scale, product differentiation, monopolistic competition, trade costs, and...
Persistent link: https://www.econbiz.de/10009623423
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Offshoring and skill-upgrading in French manufacturing : a Heckscher-Ohlin-Melitz view
Carluccio, Juan; Cuñat, Alejandro; Fadinger, Harald; … - 2015
- proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …
Persistent link: https://www.econbiz.de/10011491928
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International trade theory and policy : a review of the literature
Sen, Sunanda - 2010
This paper provides a survey of the literature on trade theory, from the classical example of comparative advantage to … verifications and logical critiques. A useful supplement is provided in terms of Staffan Linder's theory of "overlapping demand … trade theory, with strategic trade providing inputs to industrial policy. Issues relating to trade, growth, and development …
Persistent link: https://www.econbiz.de/10008759535
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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2012
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10011452156
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Why 'Buy American' is a Bad Idea but Politicians Still Like It
Larch, Mario - 2010
When the world economy was recently hit by a severe recession, governments all over the world reacted by initiating stimulus packages. Some countries (among them, most notably, China and the US) tried to put special emphasis on their home industries by including “Buy local” clauses into the...
Persistent link: https://www.econbiz.de/10013136880
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World Trade and Endogenous Rule of Law : Size and Pattern Effects
Frensch, Richard - 2018
Recent literature has analyzed three channels through which size and patterns of a country's involvement in international trade may affect the quality of its institutions: openness, the institutional intensity of exports and the natural resources exports. Our contribution is threefold. First, we...
Persistent link: https://www.econbiz.de/10012911048
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Intra-Industry Trade and the Gravity Equation : A Cournot-Ricardo Approach
Song, E. Young - 2017
gravity is not well grounded on theory …
Persistent link: https://www.econbiz.de/10012942392