Showing 1 - 6 of 6
Despite the fact that importing and exporting are extremely rare firm activities, economists generally devote little attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and non-trading firms, demonstrates how these differences...
Persistent link: https://www.econbiz.de/10005510456
This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...
Persistent link: https://www.econbiz.de/10005016687
This paper develops a general test of factor price equalization that is robust to unobserved regional productivity differences, unobserved region- industry factor quality differences and variation in production technology across industries. We test relative factor price equalization across...
Persistent link: https://www.econbiz.de/10005017180
This paper investigates the determinants of countries' export performance looking in particular at the role of … decomposition, we move on to an econometric analysis of the determinants of export performance. Results include the finding that … to explaining Sub-Saharan Africa's poor export performance. …
Persistent link: https://www.econbiz.de/10005017195
This paper models the relationship between countries' distance from global economic activity, endogenous investments in education, and economic development. Firms in remote locations pay greater trade costs on both exports and intermediate imports, reducing the amount of value added left to...
Persistent link: https://www.econbiz.de/10005670444
A central prediction of a large class of theoretical models is that industry location is not necessarily uniquely determined by fundamentals. In these models, historical accident or expectations determine which of several steady-state locations is selected. Despite the theoretical prominence of...
Persistent link: https://www.econbiz.de/10005670452