Search Results - subject:"Samuelson"

A Note on Empirical Implementation of the Lens Condition

Bernard, Andrew B. - 2008

Deardorff (Journal of International Economics 36 (1994)167-175) offers an intuitively appealing test for factor price equality (FPE). He demonstrates that FPE is impossible if the set (i.e., lens) of points defined by regional factor abundance vectors does not lie within the set of points...

Persistent link: https://www.econbiz.de/10012774391

How Likely is Factor Price Equalization?

Hansen, Bodil Olai - 2008

The idea of treating factor price equalization as a situation, where the distribution of factors among countries is compatible with an equilibrium in an integrated world economy, has been refined to give the so-called lens condition for factor price equalization. In this paper, we show that the...

Persistent link: https://www.econbiz.de/10012724296

The Trade and Labour Approaches to Wage Inequality

Haskel, Jonathan - 2008

We compare the trade and labour approaches to wage inequality. We first look at the theoretical differences, stressing the different roles ascribed to sector and factor bias, labour supply and the theory of technical change in trade models with endogenous prices. We then briefly review some of...

Persistent link: https://www.econbiz.de/10014043328

Does the Balassa-Samuelson Hypothesis Hold for Asian Countries? An Empirical Analysis Using Panel Data and Cointegration Tests

Drine, Imed; Rault, Christophe - 2008

This paper tests empirically the Balassa-Samuelson (BS) hypothesis using annual data for 6 Asian countries. We apply …

Persistent link: https://www.econbiz.de/10014215658

Trade and Capital Flows : A Financial Frictions Perspective

Antràs, Pol; Caballero, Ricardo J. - 2008

liberalization always decreases the wage-rental in South: an anti-Stolper-Samuelson result …

Persistent link: https://www.econbiz.de/10014219454

Monetary Policy Choices in Emerging Market Economies : The Case of High Productivity Growth

Natalucci, Fabio M.; Ravenna, Federico - 2008

tradable and non-tradable sectors result in an equilibrium appreciation of the real exchange rate - the so-called Balassa-Samuelson … inflation and exchange rate within predetermined numerical targets. We also find that the Balassa-Samuelson effect raises by an …

Persistent link: https://www.econbiz.de/10014214936

Trade as a Wage Disciplining Device

Persyn, Damiaan - 2008

We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...

Persistent link: https://www.econbiz.de/10014215086

A test of the Balassa-Samuelson effect applied to Chinese regional data

Guo, Qian (contributor); Hall, Stephen G. (contributor) - 2008

DEPARTMENT OF ECONOMICS A TEST OF THE BALASSA-SAMUELSON EFFECT APPLIED TO CHINESE REGIONAL DATA …. 08/8 March 2008 1 A Test of the Balassa-Samuelson Effect Applied to Chinese Regional Data By Qian Guo 1 … Tel: 44 (0) 20 7654 1929 Fax: 44 (0) 20 7654 1900 E-mail: shall@niesr.ac.uk 2 A Test of the Balassa-Samuelson …

Persistent link: https://www.econbiz.de/10003753341

Trade as a wage disciplining device

Persyn, Damiaan (contributor) - 2008

Persistent link: https://www.econbiz.de/10003771050

Productivity and exchange rate dynamics : supporting the Harrod-Balassa-Samuelson hypothesis through an 'errors in variables' analysis

Pham Van Ha (contributor); Kompas, Tom (contributor) - 2008

H AUSTRALIAN NATIONAL UNIVERSITY roductivity and Exchange Rate Dynamics: Supporting the Harrod- Balassa-Samuelson … WORKING PAPERS Productivity and Exchange Rate Dynamics: Supporting the Harrod-Balassa-Samuelson Hypothesis through …. Abstract: Standard tests of the Harrod-Balassa-Samuelson (HBS) hypothesis treat productivity levels in and across countries as …

Persistent link: https://www.econbiz.de/10003776044