Showing 1 - 10 of 47
Working with Sen social welfare functions (meaning explicit separability between mean income and income dispersion), we develop a generalized dual approach to tracking household inequality aspects of social welfare in general equilibrium. We highlight how household equity can be examined...
Persistent link: https://www.econbiz.de/10008642890
We study the labor market effects of bilateral exchange rate realignment. We place emphasis on the composition of trade, the role of in- termediates, and the underlying conditions of the labor market. Employment effects hinge on the fraction exported to and imported from the trading partner. A...
Persistent link: https://www.econbiz.de/10011084644
We compare three theoretical explanations for the positive empirical relationship between importer income per capita and traded goods prices. A first explanation is that consumers with higher incomes demand higher quality goods with higher prices. A second explanation is that wealthier people...
Persistent link: https://www.econbiz.de/10011083292
We develop a mixed complementarity programming (MCP) based estimating framework for non-tariff barriers (NTBs) to examine the evolution of market access conditions in the textile and clothing sectors, working with a panel of bilateral trade data on textile and clothing trade, underlying...
Persistent link: https://www.econbiz.de/10005788877
This paper is concerned with rules of origin when intermediate goods are differentiated. An analytical model emphasizes trade patterns and the relative importance of trade in intermediates given trade preferences. Econometric evidence based on intra-OECD trade in motor vehicles and motor vehicle...
Persistent link: https://www.econbiz.de/10005789150
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested in threshold effects, and so emphasize those cases where...
Persistent link: https://www.econbiz.de/10005789157
In this paper we provide a quantitative examination of initiatives for post-Uruguay Round liberalization in ‘traditional’ GATT/WTO market access areas, as a counterpoint to the recent policy literature on newer issues such as the environment, competition policy, and labour standards. We...
Persistent link: https://www.econbiz.de/10005789171
In this paper we demonstrate that intra-industry trade (or FDI) between identical countries could produce the observed deterioration in the relative wages of unskilled workers. This involves a model of North-North integration through either increased trade flows or increased MNE-based...
Persistent link: https://www.econbiz.de/10005791284
In this paper we provide an economic assessment of the Uruguay Round agreements on tariffs, textiles and clothing, and agriculture, highlighting scale economies, imperfect competition, and dynamic linkages between trade, incomes, and investment. We present estimates of the welfare effects of the...
Persistent link: https://www.econbiz.de/10005791471
We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North trade and linkages between trade-based integration and relative wages in an Etiher-type division of labor model. Using this model we identify a formal relationship between international...
Persistent link: https://www.econbiz.de/10005791536