Fresh food and agricultural products from sub-Saharan Africa meet few tariff barriers because of preferentialmarket access granted to ACP countries through Lomé andCotonou Act. However, non-tariff barriers are still seriousimpediments to trade. This paper focuses more specifically ontechnical...

Using the EU KLEMS dataset we test the capital-skill complementarity hypothesis in a cross-section of sectors in Spain between 1980 and 2005. We analyze three groups of workers, who are classed according to skill level: high, medium and low. Capital assets have been broken down into ICT...

This paper explores the effects of high skilled immigration to a host country with unionized low skilled labor and an unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on low skilled employment, provided that fiscal...

This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to international trade are more volatile. Second, trade is...

Fresh food and agricultural products from sub- Saharan Africa meet few tariff barriers because of preferential market access granted to ACP countries through Lomé and Cotonou Act. However, non-tariff barriers are still serious impediments to trade. This paper focuses more specifically on...

Utilizando la base de datos EU KLEMS, se contrasta la hipótesis de complementariedad entre habilidad y capital en los distintos sectores productivos en España en el periodo 1980-2005. Se analizan tres tipos de trabajadores clasificados según su nivel de habilidad sea alto, medio o bajo. Los...

The paper develops a tractable way to incorporate the micro structure of dual models of international trade into a standard class of dynamic open-economy macro models. In the process, it develops the concept of a dynamic factor price equalization set and an integrated intertemporal equilibrium....

We develop a framework for analyzing “medium-run” departures from balanced growth, and apply it to the economies of continental Europe. A time-varying factor-augmenting production function (mimicking “directed” technical change) with a below-unitary substitution elasticity coupled with...