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A Factor Augmentation Formulation of the Value of International Trade

Bernhofen, Daniel M. - 2012

employments in 19th-century Japan permits us to apply this approach to answer the following counterfactual: What factor … 1865-1876? Over the entire period, we find that trade was revealed to be equivalent to a 5.5% increase in Japan's female …

Persistent link: https://www.econbiz.de/10013104255

A factor augmentation formulation of the value of international trade

Bernhofen, Daniel M.; Brown, John Christopher - 2012

Persistent link: https://www.econbiz.de/10009570570

Market potential and the rise of US productivity leadership

Liu, Dan; Meissner, Christopher M. - In: Journal of international economics 96 (2015) 1, pp. 72-87

Persistent link: https://www.econbiz.de/10011387641

Robots, tasks and trade

Artuc, Erhan; Bastos, Paulo; Rijkers, Bob - 2018

This paper examines the effects of robotization on trade patterns, wages and welfare. It develops a Ricardian model with two-stage production and trade in intermediate and final goods in which robots can take over some tasks previously performed by humans in a subset of industries. An increase...

Persistent link: https://www.econbiz.de/10012002631

Do what you know and leave the rest to the experts : quantifying the gains from efficient trade

Larch, Mario; Meinen, Philipp; Nagengast, Arne J.; … - 2025

We develop and test a theory of efficient international trade. Efficiency gains arise through lower trade costs faced by ‘trade specialists’, whose superiority over ‘common traders’ manifests itself through lower trade costs. To test our theory, we construct and deploy a novel dataset...

Persistent link: https://www.econbiz.de/10015414141

Do what you know and leave the rest to the experts : quantifying the gains from efficient trade

Larch, Mario; Meinen, Philipp; Nagengast, Arne J.; … - 2025

We develop and test a theory of efficient international trade. Efficiency gains arise through lower trade costs faced by 'trade specialists', whose superiority over 'common traders' manifests itself through lower trade costs. To test our theory, we construct and deploy a novel dataset based on...

Persistent link: https://www.econbiz.de/10015413538