Showing 1 - 10 of 36
Mankiw, Romer and Weil [1992] found that, by adding a measure of school enrolment to capital and labour, a cross-country regression displays income convergence. However, their assumption that this derives from an augmented Solow model requires implausible differences in educational productivity...
Persistent link: https://www.econbiz.de/10010836177
Persistent link: https://www.econbiz.de/10005251272
We investigate the imposition of a horizontal technical barrier to trade (HTBT) in a symmetric, cross-hauling duopoly. Tariffs and subsidies are ruled out, but, in the absence of a mutual recognition agreement, it is possible for governments to impose HTBTs, so long as firms apply different...
Persistent link: https://www.econbiz.de/10010546932
We investigate the imposition of a horizontal technical barrier to trade (HTBT) in a symmetric, cross-hauling duopoly. Tariffs and subsidies are ruled out, but, in the absence of a mutual recognition agreement, it is possible for governments to impose HTBTs, so long as firms apply different...
Persistent link: https://www.econbiz.de/10010610799
Persistent link: https://www.econbiz.de/10010701049
Persistent link: https://www.econbiz.de/10010165177
This paper focuses on the causes of increased wage inequality in OECD countries in recent years and its decomposition into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and wages literature. It argues that the length of...
Persistent link: https://www.econbiz.de/10009447278
This paper investigates the deeper integration of the new EU accession states into the Single Market. Building on the assumption that observed trade patterns can be taken to reveal trading costs between members and non-members of a bloc, I develop a model-consistent Dixit-Stiglitz general...
Persistent link: https://www.econbiz.de/10005505439
To explore the mixed economic results and huge distributional changes experienced by post-Soviet economies, I set up a series of theoretical and numerical simulation models using an approach based upon heterogeneous firms, where 'reform' means closure of inefficient capacity. In the presence of...
Persistent link: https://www.econbiz.de/10005482840
Abstract Using a new set of measures of concentration of trade, I suggest that the opening up of trade to date has been greatly exaggerated. At least judging on the basis of trade concentration, agriculture and service sectors should barely be seen as globalized at all. Contrary to other, recent...
Persistent link: https://www.econbiz.de/10005495703