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Export Take-Offs and Acceleration : Unpacking Cross-Sector Linkages in the Evolution of Comparative Advantage
Bahar, Dany - 2019
The transition into non-traditional export activities attracts important policy and academic attention. Using international trade data, we explore how alternative linkages relate to the take-off and acceleration of export industries. Concretely, we run a horse-race among alternative Marshallian...
Persistent link: https://www.econbiz.de/10012892161
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A Closer Look at Revealed Comparative Advantage: Gross-versus Value Added Trade Flows
Brakman, Steven; van Marrewijk, Charles - 2015
added data do not provide the same information. Although gross exports crosses national borders and is the target of trade … the distributions of Revealed Comparative Advantage (RCA) in terms of gross exports and value added for 40 countries. A … Systematic comparison of these distributions shows that the distributions of RCA calculated with gross exports and value added …
Persistent link: https://www.econbiz.de/10010531786
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New Technologies, Global Value Chains, and the Developing Economies
Rodrik, Dani - 2019
Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as …
Persistent link: https://www.econbiz.de/10012892047
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Trade and Credit Reallocation : How Banks Help Shape Comparative Advantage
Keuschnigg, Christian - 2019
Trade and innovation cause structural change. Productive factors must flow from declining to growing industries. Banks play a major role in cutting credit to non-viable firms in downsizing sectors and in providing new credit to finance investment in expanding, innovative sectors. Structural...
Persistent link: https://www.econbiz.de/10012892187
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Urban Specialisation; from Sectoral to Functional
Gervais, Antoine; Markusen, James R.; Venables, Anthony - 2021
The comparative advantage of many cities is based on their efficiency in the production of ‘functions’, e.g., business services such as finance, law, engineering, or similar functions that are used by firms in a wide range of sectors. Firms that use these functions may choose to source them...
Persistent link: https://www.econbiz.de/10013250045
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The Wage Fund Theory and the Gains from Trade in a Dynamic Ricardian Model
Marjit, Sugata; Nakanishi, Noritsugu - 2021
This paper explores the role of wage fund as the basic source of credit, capital or finance in a dynamic Ricardian model, which consists of three classes of agents: the workers, the capitalist, and the producers of goods. We introduce and develop an elaborate dynamic wage fund model in the...
Persistent link: https://www.econbiz.de/10013217358
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Comparative Advantage in (Non-)Routine Production
Archanskaia, Liza - 2020
with respect to the routine intensity of their exports is strongly related to labor market institutions and to cultural …
Persistent link: https://www.econbiz.de/10012836713
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Globalization in the Time of COVID-19
Sforza, Alessandro - 2020
The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral...
Persistent link: https://www.econbiz.de/10012837986
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Immunity-Driven Comparative Advantage and its Palliative Effect on Social Health and Inequality - A Theoretical Perspective
Marjit, Sugata; Das, Gouranga - 2022
We propose a model of “trade” between high income and low-income groups where the rich being scared of the spread of infection hires the poor to engage them in exposure-intensive outdoor activities as workers in the household industry. People who endure hardships and sustain exposure to...
Persistent link: https://www.econbiz.de/10013305658
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A New Ricardian Model of Trade, Growth and Inequality
Marjit, Sugata - 2021
The classical Wage Fund (Capital or Credit) framework is integrated with the simplest text-book version of the Ricardian model of comparative advantage, generating a model that replicates important features of the neo-classical production theory involving capital and labour without neo-classical...
Persistent link: https://www.econbiz.de/10013314959