Similar Search Results

How Do Industries and Firms Respond to Changes in Local Labor Supply?

Dustmann, Christian - 2012

In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...

Persistent link: https://www.econbiz.de/10013112767

Endogenous Markup, Per Capita Income and Population Size In the Gravity Equation

Suwanprasert, Wisarut - 2016

In this paper, I explore the impact of per capita income and population size on markups and bilateral trade flows in a random search framework. The intuition is that, when a firm randomly meets a consumer, only that consumer's income matters to the firm's pricing strategy;the size of the...

Persistent link: https://www.econbiz.de/10013001604

On the heterogeneous trade and welfare effects of GATT/WTO membership

Felbermayr, Gabriel; Larch, Mario; Yalçin, Erdal; … - 2022

We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member countries is...

Persistent link: https://www.econbiz.de/10013162399

Quality Heterogeneity and Global Economic Growth

Dinopoulos, Elias - 2010

This paper develops a fully-endogenous, variety-expansion growth model with firm-specific quality heterogeneity, limit pricing, and an endogenous distribution of markups. Trade induces only firms with high-quality products to export, whereas firms with low-quality products serve only the...

Persistent link: https://www.econbiz.de/10013152545

Propagation of Crises Across Countries : Trade Roots of Contagion Effects

Cukrowski, Jacek - 2009

The paper provides an explanation of the mechanisms underlying trade roots of the contagion effects emanating from the recent turmoils. It is argued that under demand uncertainty risk averse behavior of firms provides a basis for international trade. The paper shows by means of a simple...

Persistent link: https://www.econbiz.de/10013153132

Infant Industry Protection and Industrial Dynamics

Ederington, Josh - 2009

A perennial case for industrial policy is based on the protection of young or emerging industries. Despite a natural association with concepts of life cycles, industrial policy has not been analyzed in the context of an industry life-cycle model. In particular, an important life-cycle...

Persistent link: https://www.econbiz.de/10013154853

An Evaluation of David Ricardo's Theory of Comparative Costs : Direct and Indirect Critiques

Bouare, Oumar - 2008

Following Smith's advocacy of free trade and competition, David Ricardo attempts to strengthen his theory of absolute …. To do so, Ricardo introduces to the economics literature a theory of comparative cost advantage which includes countries … same scale of production for two different commodities. Second, it is argued that his theory is incomplete because it is …

Persistent link: https://www.econbiz.de/10012722417

Multinationals, Tax Holidays, and Technology Transfer

Miyagiwa, Kaz - 2008

Host country governments often grant investment incentives to foreign firms locating in their territories. We show that such preferential treatment of foreign firms can facilitate transfer of foreign technology, induce entry by the local firm, and increase host country welfare. However, this...

Persistent link: https://www.econbiz.de/10012723628

Corruption and Trade in General Equilibrium

Marjit, Sugata - 2008

We use the HOSV model of trade to find out a link between corruption and the pattern of trade, not just its effect on the volume of trade. We prove that greater corruption in labor-abundant countries will restrict the volume of world trade while corrupt capital-abundant countries promote trade....

Persistent link: https://www.econbiz.de/10012724541

The Home Market, Trade, and Industrial Structure

Davis, Donald R. - 2006

Does national market size matter for industrial structure? This has been suggested by theoretical work on quot;home marketquot;effects, as in Krugman (1980, 1995). In this paper, I show that what previously was regarded as an assumption of convenience transport costs only for the differentiated...

Persistent link: https://www.econbiz.de/10012732632