Endogenous Trade Bloc Formation in an Asymmetric World
... observed popularity of free trade areas and the theoretical primacy of customs unions. This paper uses a perfectly competitive, pure exchange, general equilibrium model to investigate the impact of changes in the world endowment distribution and the structure of preferences on coalition formation. T ...
... observed popularity of free trade areas and the theoretical primacy of customs unions. This paper uses a perfectly competitive, pure exchange, general equilibrium model to investigate the impact of changes in the world endowment distribution and the structure of preferences on coalition formation. T ...
Challenging Globalization – The Contemporary Sociological Debate
... ubiquity and multidimensionality stems the obscurity of its meaning. Usually when something is present everywhere it multiplies in numerous images, so that it can be grasped with difficulty in its true meaning. The best way to make globalization reveal its many “faces” is to challenge it, that is, t ...
... ubiquity and multidimensionality stems the obscurity of its meaning. Usually when something is present everywhere it multiplies in numerous images, so that it can be grasped with difficulty in its true meaning. The best way to make globalization reveal its many “faces” is to challenge it, that is, t ...
Chapter 5
... If the country is small part of the world economy, its tariff (or subsidy) policies will not have much effect on world relative supply and demand, and thus on the terms of trade. But for large countries, a tariff rate that maximizes national welfare at the expense of foreign countries may exist. ...
... If the country is small part of the world economy, its tariff (or subsidy) policies will not have much effect on world relative supply and demand, and thus on the terms of trade. But for large countries, a tariff rate that maximizes national welfare at the expense of foreign countries may exist. ...
Chapter 5 PPT
... If the country is small part of the world economy, its tariff (or subsidy) policies will not have much effect on world relative supply and demand, and thus on the terms of trade. But for large countries, a tariff rate that maximizes national welfare at the expense of foreign countries may exist. ...
... If the country is small part of the world economy, its tariff (or subsidy) policies will not have much effect on world relative supply and demand, and thus on the terms of trade. But for large countries, a tariff rate that maximizes national welfare at the expense of foreign countries may exist. ...
krugman_PPT_c05
... If the country is small part of the world economy, its tariff (or subsidy) policies will not have much effect on world relative supply and demand, and thus on the terms of trade. But for large countries, a tariff rate that maximizes national welfare at the expense of foreign countries may exist. ...
... If the country is small part of the world economy, its tariff (or subsidy) policies will not have much effect on world relative supply and demand, and thus on the terms of trade. But for large countries, a tariff rate that maximizes national welfare at the expense of foreign countries may exist. ...
Trade Liberalisation and Labour Demand Elasticities
... their most efficient use. Trade liberalisation facilitates economic growth rate, resulting in higher income and improved standard of living through two channels. Firstly, there is direct impact that operates through dynamic advantages including higher capacity utilisation and more efficient investme ...
... their most efficient use. Trade liberalisation facilitates economic growth rate, resulting in higher income and improved standard of living through two channels. Firstly, there is direct impact that operates through dynamic advantages including higher capacity utilisation and more efficient investme ...
- Brookings Institution
... The result of the set of initiatives adopted in 1995 is not obvious, but in general, its net impact on the propensity of Brazil-based companies to export has proved positive. In particular, the progress made in tax exemption for exports and the consolidation of financing mechanisms created during th ...
... The result of the set of initiatives adopted in 1995 is not obvious, but in general, its net impact on the propensity of Brazil-based companies to export has proved positive. In particular, the progress made in tax exemption for exports and the consolidation of financing mechanisms created during th ...
International Trade Effects of Regional Economic Integration In Africa
... owing to changing patterns of tariffs.30 Besides these effects, however, there are also a variety of potential dynamic effects. These may be felt more gradually, but will be longer lasting and, in some cases, continued. These are competition effect, investment effect, economies of scale, capital for ...
... owing to changing patterns of tariffs.30 Besides these effects, however, there are also a variety of potential dynamic effects. These may be felt more gradually, but will be longer lasting and, in some cases, continued. These are competition effect, investment effect, economies of scale, capital for ...
On the Measurement of Product Variety in Trade
... 1982, Japan produced 53 percent more export variety than South Korea. The Japanese advantage over Korea deteriorates over time such that in 1995, Japan only produced 18 percent more variety than Korea. On the other hand, the first bar series shows that, over the same period of time, the underlying p ...
... 1982, Japan produced 53 percent more export variety than South Korea. The Japanese advantage over Korea deteriorates over time such that in 1995, Japan only produced 18 percent more variety than Korea. On the other hand, the first bar series shows that, over the same period of time, the underlying p ...
The Penalties of Inefficient Infrastructure
... economy at very low levels of effectiveness. While there are a number of studies on public infrastructure as a whole, the issue of the effectiveness of these networks has not received a lot of attention in the literature.1 One notable exception is a paper by Hulten (1996). Using the World Bank’s dat ...
... economy at very low levels of effectiveness. While there are a number of studies on public infrastructure as a whole, the issue of the effectiveness of these networks has not received a lot of attention in the literature.1 One notable exception is a paper by Hulten (1996). Using the World Bank’s dat ...
Dudley, Charlotte - Workspace
... can benefit trade at a low cost (the exception being within the EU). This demonstrates that when there is an option for trade, most countries will opt for measures which benefit trade ahead of environmental concerns. The WTO was set up by and for developed countries, and has evolved to include devel ...
... can benefit trade at a low cost (the exception being within the EU). This demonstrates that when there is an option for trade, most countries will opt for measures which benefit trade ahead of environmental concerns. The WTO was set up by and for developed countries, and has evolved to include devel ...
Full text - Paris School of Economics
... corporate tax is an essential question. The corporate income tax raises sizable revenue, and it has important interactions with the personal income tax system. Corporate taxes fall on both domestic and multinational actors that can respond to taxation along a multitude of behavioral margins that fre ...
... corporate tax is an essential question. The corporate income tax raises sizable revenue, and it has important interactions with the personal income tax system. Corporate taxes fall on both domestic and multinational actors that can respond to taxation along a multitude of behavioral margins that fre ...
Currency Union and Foreign Direct Investment Inflow: Evidence from
... the US). Such is common for countries in a trade bloc like EU. The resultant effect is the diversification of the bloc’s export. In low-income nations within a bloc, labour is normally cheap and therefore, FDI seek to establish an export platform in these nations to take advantage of the enlarged ma ...
... the US). Such is common for countries in a trade bloc like EU. The resultant effect is the diversification of the bloc’s export. In low-income nations within a bloc, labour is normally cheap and therefore, FDI seek to establish an export platform in these nations to take advantage of the enlarged ma ...
PDF
... flows of goods to free flows of capital. Trade and investment integration of rubber product is considered as one of the important factors in the ASEAN’s comprehensive economic integration stages. GENERAL HYPOTHESIS As stated by the United Nations Conference on Trade and Development (UNCTAD):6 Natura ...
... flows of goods to free flows of capital. Trade and investment integration of rubber product is considered as one of the important factors in the ASEAN’s comprehensive economic integration stages. GENERAL HYPOTHESIS As stated by the United Nations Conference on Trade and Development (UNCTAD):6 Natura ...
PUBLIC PROCUREMENT IN THE CARIBBEAN
... “green” government procurement in developing countries due to very limited resources in developing and the potentially greater impact of “green” procurement in developing countries than in developed countries. This paper is really a case study on China that traces the development of the green govern ...
... “green” government procurement in developing countries due to very limited resources in developing and the potentially greater impact of “green” procurement in developing countries than in developed countries. This paper is really a case study on China that traces the development of the green govern ...
theory of international trade
... employment of factors of production, then this excess capacity must usually be used up before the comparative advantage reasoning can be applied. Constant opportunity costs - a more realistic treatment of opportunity costs the reasoning is broadly the same, but specialization of production can only ...
... employment of factors of production, then this excess capacity must usually be used up before the comparative advantage reasoning can be applied. Constant opportunity costs - a more realistic treatment of opportunity costs the reasoning is broadly the same, but specialization of production can only ...
AGGREGATE DEMAND, AGGREGATE SUPPLY, AND MODERN
... The World Trade Organization is an international organization committed to reducing trade barriers. Free trade associations, such as the European Union, help trade by reducing barriers to trade ...
... The World Trade Organization is an international organization committed to reducing trade barriers. Free trade associations, such as the European Union, help trade by reducing barriers to trade ...
Conceptualising Globalisation in the school
... React sceptically about the causes, effects, scope or benefits of globalisation. There are two types of sceptics. Globalisation sceptics may either be sceptical about whether globalisation is happening at all, or they may be sceptical about the benefits of globalisation. For some commentators, globa ...
... React sceptically about the causes, effects, scope or benefits of globalisation. There are two types of sceptics. Globalisation sceptics may either be sceptical about whether globalisation is happening at all, or they may be sceptical about the benefits of globalisation. For some commentators, globa ...
THREE ESSAYS ON INTERNATIONAL TRADE By Yih
... In this paper, the assumption that all goods are tradable is relaxed. I incorporate nontraded goods in a monopolistic competition model. This model tries to provide an explanation of why the real volume of trade is much lower than predicted. The intuition is quite simple. It is because the countries ...
... In this paper, the assumption that all goods are tradable is relaxed. I incorporate nontraded goods in a monopolistic competition model. This model tries to provide an explanation of why the real volume of trade is much lower than predicted. The intuition is quite simple. It is because the countries ...
COUNTRY AND REGIONAL PERSPECTIVES
... 5.5 percent in February, 1.2 percentage points below its level of a year ago (Figure 2.2). Overall, nonresidential investment has supported growth, although lower oil prices have had a negative impact on energy sector investment. Despite the recovery, there is little evidence of meaningful price and ...
... 5.5 percent in February, 1.2 percentage points below its level of a year ago (Figure 2.2). Overall, nonresidential investment has supported growth, although lower oil prices have had a negative impact on energy sector investment. Despite the recovery, there is little evidence of meaningful price and ...
Synchronizing economic integration and security agendas in Southeast Asia: (Add subtitle)
... per year2). The illegal trade of people, drugs, wildlife, and counterfeits has a destabilizing effect by generating money for criminal and non-state groupsthat is laundered into the legitimate economy. It distorts the regional economy, victimizes individuals and hurts the broader community of people ...
... per year2). The illegal trade of people, drugs, wildlife, and counterfeits has a destabilizing effect by generating money for criminal and non-state groupsthat is laundered into the legitimate economy. It distorts the regional economy, victimizes individuals and hurts the broader community of people ...
NBER WORKING PAPER SERIES TECHNOLOGY CAPITAL AND THE U.S. CURRENT ACCOUNT
... United States were negligible and did not begin to rise significantly until the late 1970s. If foreign companies make large expensed investments in plant-specific intangible capital when setting up operations, profits of foreign affiliates will appear low relative to those of domestic companies.2 T ...
... United States were negligible and did not begin to rise significantly until the late 1970s. If foreign companies make large expensed investments in plant-specific intangible capital when setting up operations, profits of foreign affiliates will appear low relative to those of domestic companies.2 T ...
Millennium Challenge Corporation
... MCC has to date committed $3.39 billion -- just over $2.98 billion to 11 Compacts and nearly $310 to 13 threshold programs. MCC expects to commit substantially more in the next year to a robust pipeline of proposals ...
... MCC has to date committed $3.39 billion -- just over $2.98 billion to 11 Compacts and nearly $310 to 13 threshold programs. MCC expects to commit substantially more in the next year to a robust pipeline of proposals ...
DownloadPDF - 211.5 KB
... things being equal, countries exporting in more dynamic geographic and product markets will see their EMS grow. However, as discussed later, this factor can be taken as exogenous, at least in the short run. The available empirical evidence nonetheless shows that the two aforementioned traditional fa ...
... things being equal, countries exporting in more dynamic geographic and product markets will see their EMS grow. However, as discussed later, this factor can be taken as exogenous, at least in the short run. The available empirical evidence nonetheless shows that the two aforementioned traditional fa ...