Showing 1 - 10 of 27
The purpose of this paper is to investigate the impact of exchange rate volatility on exports among 14 Asia Pacific countries, where various measures to raise the intra-region trade are being implemented. The empirical tests using annual data for the period from 1980 to 2002 detect a significant...
Persistent link: https://www.econbiz.de/10005342350
endogenous foreign direct investment (FDI). The foreign firm chooses whether to export or to undertake FDI. The host country …
Persistent link: https://www.econbiz.de/10005342360
aggregate productivity growth. The dynamism of Asian NIEs (Newly Industrializing Economies) revealed in their export …-level innovation/selection processes of export-oriented economies in Asia over economic fluctuations under intensifying global …
Persistent link: https://www.econbiz.de/10005702697
The organization of production within the multinational corporation (MNC) depends on the relative factor abundance of the home country and the destination country. This proposition is at the heart of the theory of the multinational corporation (MNCs) that Helpman (1984, 1985) and Helpman and...
Persistent link: https://www.econbiz.de/10005130201
variations in innovations that are exogenous to export performance. Our identification strategy takes advantage of a unique micro … innovation behavior, their export share and other relevant control variables, but also whether specific impulses furthered their … credibly exogenous to the firms’ export performance as instruments for the actual innovative activity, we can identify …
Persistent link: https://www.econbiz.de/10005342172
This paper studies empirically the relationship between trade policy and individual income risk and uses the empirical estimates of this relationship to asses the welfare costs of changes in trade policy. The empirical analysis proceeds in two steps. First, longitudinal data on income of Mexican...
Persistent link: https://www.econbiz.de/10005342219
We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of cultural diversity as measured by diversity of countries of birth of city residents. We show that US-born citizens living in metropolitan areas where the share of foreign-born...
Persistent link: https://www.econbiz.de/10005342261
This paper studies optimal monetary policy in a small open economy under flexible prices. The paper’s key innovation is to analyze this question in the context of environments where only a fraction of agents participate in asset market transactions (i.e., asset markets are segmented). In...
Persistent link: https://www.econbiz.de/10005342279
This paper presents a theory of location choice that draws on insights from the incomplete contracts and investment flexibility (real option) literatures. We provide conditions under which human capital is more efficiently created and better utilized within industrial clusters that contain...
Persistent link: https://www.econbiz.de/10005328936
The assumption of internationally identical factor intensity techniques may be one of the major causes of the HOV model's poor performance. To relax this assumption, detailed input-output data are required to compute the factor intensity techniques used in different countries; however, these...
Persistent link: https://www.econbiz.de/10005063671