Showing 1 - 10 of 128
With global specialization and trade, countries make directly but also indirectly use of the environment via traded goods. Based on the theory of comparative advantages, the Heckscher-Ohlin-Vanek approach, we are using the Ecological Footprint as a broad measure of environmental use because its...
Persistent link: https://www.econbiz.de/10011637772
Three features of China's trade patterns suggest that elements beyond factor abundance explain its export performance. The high penetration in world markets of labourintensive products has been accompanied by: (i) a high share in exports of productivityadvanced foreign-owned enterprises (FIEs),...
Persistent link: https://www.econbiz.de/10003793555
Sino‐European trade relations have been controversially discussed mainly, if not only, because of the increasing European Union’s bilateral trade deficit with China. As from the European perspective trade with China becomes more important, the structural adjustment process of the Chinese...
Persistent link: https://www.econbiz.de/10003857744
This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a "balanced" one in which China's productivity grows at...
Persistent link: https://www.econbiz.de/10009788687
Latin American countries have lost competitiveness in world markets in comparison to China over the last two decades. The main purpose of this study is to examine the causes of this development. To this end an augmented Dornbusch-type Ricardianʺ model is estimated using panel data. The...
Persistent link: https://www.econbiz.de/10003735107
The paper represents a new reading of the traditional Ricardian theory of comparative advantages to tackle current challenges of environmental and climate policy. In the style of David Ricardo, it demonstrates that international trade is a positive-sum game in a twogoods, two-countries world...
Persistent link: https://www.econbiz.de/10012438053
Do firms in developing countries shift trade towards developed economies as a result of high economic growth? The matched customs-manufacturing firm data used in this study confront this hypothesized link with empirical evidence. Our analysis reveals a rising low-income country trade share...
Persistent link: https://www.econbiz.de/10010401747
Do firms in developing countries shift trade towards developed economies as a result of high economic growth? The matched customs-manufacturing firm data used in this study confront this hypothesized link with empirical evidence. Our analysis reveals a rising low-income country trade share...
Persistent link: https://www.econbiz.de/10010391833
Using bilateral trade data for 16 service categories, this paper examines the patterns, evolution, and determinants of comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a CA in most services, except in more...
Persistent link: https://www.econbiz.de/10010516646
Persistent link: https://www.econbiz.de/10010520744