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One of the most important predictions made in recent international trade literature based on heterogeneous firms concerns the within-industry job reallocation from firms not involved in international markets to those that are. This paper quantifies the extent of this reallocation using a dataset...
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regions specialized in import-competing industries, both in manufacturing and beyond. Regions specialized in export …-regional variation in initial industry structures and use trade flows of other high-income countries as instruments for regional import … and export exposure. We find that the rise of 'the East' in the world economy caused substantial job losses in German …
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In der koreanischen Wiedervereinigungsdebatte gewinnen wirtschaftliche Aspekte an Bedeutung. Die wirtschaftliche Komplementärität der beiden Teile Koreas wird stärker betont. Für den Norden wird eine graduelle Wirtschaftsreform nach dem chinesichen Modell erwartet. Im Falle einer Absorption...
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