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International Specialization and the Return to Capital
Batista, Catia - 2010
How does factor accumulation affect the pattern of international specialization and returns to capital? We provide a new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976-2000. We confirm the Heckscher-Ohlin prediction that, with...
Persistent link: https://www.econbiz.de/10013148352
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Trade Imbalances, International Investment, and a Limitation of Lerner's Symmetry Theorem
Blanchard, Emily J. - 2005
This paper sounds a caution to international trade economists, demonstrating that the equilibrium trade imbalances implied by most models of international investment disturb the symmetry between import tariffs and export taxes found by Lerner (1936). When trade is unbalanced, Lerner's...
Persistent link: https://www.econbiz.de/10014063448
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Essays on Offshoring, Wage Inequality and Innovation
Benz, Sebastian - ifo Leibniz-Institut für Wirtschaftsforschung an der …
. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …
Persistent link: https://www.econbiz.de/10010889981
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The global welfare impact of China : trade integration and technological change
Di Giovanni, Julian; Levchenko, Andrei A.; Zhang, Jing - 2013
This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a "balanced" one in which China's productivity grows at...
Persistent link: https://www.econbiz.de/10009788687
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The Global Welfare Impact of China : Trade Integration and Technological Change
di Giovanni, Julian - 2013
This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a "balanced" one in which China's productivity grows at...
Persistent link: https://www.econbiz.de/10013076650
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Market-dependent production set
Egbert, Henrik; Naqvi, Nadeem - 2011
theory, exogenous changes in technology or primary-factor supplies alter equilibrium prices; however, government …
Persistent link: https://www.econbiz.de/10010286432
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Evolution of standards and innovation
Aoki, Reiko; Arai, Yasuhiro - 2014
Persistent link: https://www.econbiz.de/10010354607
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Quadratic costs, innovation and welfare : the role of technology
Marjit, Sugata; Mishra, Suryaprakash - 2020
In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …
Persistent link: https://www.econbiz.de/10012263851
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Effects of technological progress on vertical product differentiation and welfare
Bauner, Christoph; Lavoie, Nathalie; Rojas, Christian - In: European review of agricultural economics : ERAE 44 (2017) 1, pp. 67-97
Persistent link: https://www.econbiz.de/10011739271
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Mirage on the horizon : geoengineering and carbon taxation without commitment
Acemoglu, Daron; Rafey, Will - 2018
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10011820231