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Two identical firms who start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down first-year export levels and biases up first-year export growth rates. For Peruvian...
Persistent link: https://www.econbiz.de/10012702451
Using household and labor force surveys from Cambodia and Sri Lanka, we find large positive wage premiums and a closing of the male-female wage gap during the Multi-Fiber Arrangement (MFA) period, but smaller premiums and a widening wage gap after the end of the MFA. Our results suggest that...
Persistent link: https://www.econbiz.de/10012701994
An oft-cited strategy to advance economic development is to further integrate developing countries into global trade, particularly through global value chains, bolstered by the expansion of female-intensive industries to bring more women into the formal labor force. As a result, a frequent...
Persistent link: https://www.econbiz.de/10013209229
Mexico's experience before and after trade liberalization presents a challenge to neoclassical trade theory. Though labor abundant, it nevertheless exported skill-intensive goods and protected labor-intensive sectors prior to liberalization. Post-liberalization, the relative wage of skilled...
Persistent link: https://www.econbiz.de/10005579919
Deardorff [Journal of International Economics 36 (1994) 167-175] offers an intuitively appealing test for factor price equality (FPE). He demonstrates that FPE is impossible if the set (i.e., lens) of points defined by regional factor abundance vectors does not lie within the set of points...
Persistent link: https://www.econbiz.de/10005830512
<link rid="b4">Courant and Deardorff (1992</link>) show theoretically that an extremely uneven distribution of factors within a country can induce behavior at odds with overall comparative advantage. We demonstrate the importance of this insight for developing countries. We show that Mexican regions exhibit...
Persistent link: https://www.econbiz.de/10008681945
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This paper develops a model of endogenous product selection within industries by firms. The model is motivated by new evidence we present on the prevalence and importance of product changing activity by U.S. manufacturers. Three-fifths of continuing firms alter their product mix within an...
Persistent link: https://www.econbiz.de/10005014682