Showing 1 - 10 of 146
Ausgangspunkt dieser Arbeit ist die Behauptung, dass der migrationspolitische Diskurs zu wenig auf die internationale Integration von Gütermärkten Bedacht nimmt. Die Debatte wird weitgehend arbeitsmarktökonomisch geführt, wobei der sogenannte immigration surplus für das Zuwanderungsland und...
Persistent link: https://www.econbiz.de/10010294609
We add to recent evidence on deindustrialization and document a new pattern: increasing industry polarization over time. We assess whether these new features of structural change can be explained by a dynamic open economy model with two primary driving forces, sector-biased productivity growth...
Persistent link: https://www.econbiz.de/10013479471
The movement of goods from origin to destination takes place over multiple modes of transportation. Correspondingly, intermodal terminals play an important role in facilitating transportation over the multimodal network. This paper studies multimodal transport networks and their impact on...
Persistent link: https://www.econbiz.de/10014278187
Linder (1961) conjectured that taste differences could impede trade flows. We extend Krugman (1980) to allow for producers that face taste heterogeneity with volatile demand. Consumers are characterized by different taste over product attributes and idiosyncratic risk. Firms face a portfolio...
Persistent link: https://www.econbiz.de/10014278295
We develop a structural framework to identify the sources of cross-state heterogeneity in response to US tariff changes. We quantify the effects of unilaterally increasing US tariffs by 25 percentage points across sectors. Welfare changes range from −0.8 percent in Oregon to 2.1 percent in...
Persistent link: https://www.econbiz.de/10014480634
This paper suggests spatial models as an alternative to the Armington approach to model bilateral trade. While the use of spatial models has been accepted for decades, they are rarely chosen for such analyses. However, problems inherent in the application of the Armington approach can be...
Persistent link: https://www.econbiz.de/10009302573
This paper adapts the modern workhorse model of quantitative trade theory (Eaton and Kortum, 2002) as a measurement tool to quantify the magnitudes of Switzerland's gains from trade. I find that the importance of single trading partners for Switzerland's welfare is surprisingly small. The reason...
Persistent link: https://www.econbiz.de/10010316937
This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a significant role in the timing of demographic transitions across countries and has thereby been a major determinant of the distribution of world population and a...
Persistent link: https://www.econbiz.de/10010318876
This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a major role in the timing of demographic transitions across countries and has thereby been a significant determinant of the distribution of world population and a...
Persistent link: https://www.econbiz.de/10010318893
Samuelson (1947) stated that a regular equilibrium exhibits the transfer paradox if and only if it is unstable. Gale (1974) and many in the early 1980’s debunked this equivalence by adding extra countries, reaching an anti consensus. We reinterpret Samuelson’s result as identifying the...
Persistent link: https://www.econbiz.de/10010318967