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The paper uses long-run GDP data for developed countries drawn from Maddison (2003) to generate deviation cycles for the period from 1870 to 2001. The cyclical deviates are examined for their bilateral cross-correlation values in three separate periods, those of the first globalization wave...
Persistent link: https://www.econbiz.de/10005792022
This paper uses a monopolistic competitive framework with many sectors to study the impact of trade liberalization on local and global emissions. We focus on the interplay of the pollution haven effect and the home market effect and show how a large-market advantage can counterbalance a high...
Persistent link: https://www.econbiz.de/10011083622
This paper uses a monopolistic competitive framework with many sectors to study the impact of trade liberalization on local and global emissions. We focus on the interplay of the pollution haven effect and the home market effect and show how a large-market advantage can counterbalance a high...
Persistent link: https://www.econbiz.de/10010638910
This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal … econometric ex-post analysis of a related FTA, the one between the EU and Korea, in force since 2011, to approximate the expected … the Americas, Africa and MENA countries slightly lose. 14% of the welfare gains inside the FTA stem from tariffs, the …
Persistent link: https://www.econbiz.de/10011903006
This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal … econometric ex-post analysis of a related FTA, the one between the EU and Korea, in force since 2011, to approximate the expected … the Americas, Africa and MENA countries slightly lose. 14% of the welfare gains inside the FTA stem from tariffs, the …
Persistent link: https://www.econbiz.de/10012908655
Recent trade models determine the equilibrium distribution of firm-level efficiency endogenously and show that freer trade shifts the distribution towards higher average productivity due to entry and exit of firms. These models ignore the possibility that freer trade also alters the firm-size...
Persistent link: https://www.econbiz.de/10008784903
Persistent link: https://www.econbiz.de/10012122981
Persistent link: https://www.econbiz.de/10012110066
In this study, we argue that the conventional intra-industry trade (IIT) index does not address the quality issue directly and propose a methodology to make full use of unit-price gap information to deduce quality differences between simultaneously exported and imported products. By applying...
Persistent link: https://www.econbiz.de/10011213714
This paper starts out from the observation that the export shares of firms (export to sales ratio) vary greatly among firms, and tend to be systematically related to the firms' capital labour ratios. This observation cannot be explained by the standard heterogeneous firms and trade model by...
Persistent link: https://www.econbiz.de/10009003367