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Implications in Skill-Basied technological Change: International Evidence.

Berman, E.; Bound, J.; Machin, S. - Institute for Economic Development, Department of Economics - 1997

decades. We argue that pervasive skill biased technological change rather than increased trade with the developing world is …

Persistent link: https://www.econbiz.de/10005245466

Hold-up and Sequential Specific Investments.

Smirnov, V.; Wait, A. - Department of Economics, Faculty of Business and Economics - 2001

welfare; it can even prevent trade from occurring. This is a new result: it allows the choice about the timing of investment …

Persistent link: https://www.econbiz.de/10005178480

An Experimental Study of Electronic Bulletin Board Trading for Emission Permits

Cason, T.N.; Gangadharan, L. - Department of Economics, Faculty of Business and Economics - 1997

This paper reports a laboratory experiment that studies several specific features of the Regional Clean Air Incentives Market (RECLAIM), a tradable emission permit program intended to lower the cost of meeting federal air quality standards in the Los Angeles area. It assesses the impact of some...

Persistent link: https://www.econbiz.de/10005458645

Uncertainty AVersion and Technical Barriers to Trade: An Australian Example.

MacLaren, D. - Department of Economics, Faculty of Business and Economics - 1995

Persistent link: https://www.econbiz.de/10005458681

The Development of the Theory of Exchange

Creedy, J. - Department of Economics, Faculty of Business and Economics - 1998

The aim of this paper is to provide an outline of the development of the theory of exchange, concentrating on the less well-known development of the formal model which culminated in the contribution of Edgeworth. The importance of exchange, viewed as the central economic problem for the early...

Persistent link: https://www.econbiz.de/10005574877

A Kaldorian Model of the Trade Cycle.

McDonald, I.M. - Department of Economics, Faculty of Business and Economics - 1996

This paper develops a model of the trade cycle based on the ideas if Nicholas Kaldor. The model is shown to generate an …

Persistent link: https://www.econbiz.de/10005574903

What Can Acount for Fluctuations in the Terms of Trade?

Baxter, M.; Kouparitsas, M.A. - Institute for Economic Development, Department of Economics - 2000

Fluctuations in the terms of trade-the price of a country's exports relative to the price of its imports-are a source … of perennial to policymakers in developing countries and industrialized nations alike. Terms of trade growth is extremely … fluctuations in the terms of trade. We decompose a country's terms of trade volatility into a component stemming from differences …

Persistent link: https://www.econbiz.de/10005630912

Trade in Capital Goods.

Eaton, J.; Kortum, S. - Institute for Economic Development, Department of Economics - 2000

Innovative activity is highly concentrated in a handful of advanced countries. These same countries are also the major exporters of capital goods to the rest of the world. We develop a model of trsde in capital goods to assess its role spreading the benefits of technological advances.

Persistent link: https://www.econbiz.de/10005478435

Technology, Trade and Growth: A Unified Framework.

Eaton, J.; Kortum, S. - Institute for Economic Development, Department of Economics - 2001

Our recent work examines the links among innovations, technology, trade, and growth. One strand focuses on research … activity, technology diffusion, and growth. The other examines technology and trade. In this paper we exploit the common … treatment of technology in these two strands to provide a parsimonious model of innovation, growth and trade. …

Persistent link: https://www.econbiz.de/10005663804