Trade Shocks And Factor Adjustment Frictions
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Trade Shocks And Factor Adjustment Frictions
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Author :
language : en
Publisher:
Release Date : 2013
Trade Shocks And Factor Adjustment Frictions written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Trade Adjustment Costs In Developing Countries
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Author : Guido Gustavo Porto
language : en
Publisher: Centre for Economic Policy Research
Release Date : 2010
Trade Adjustment Costs In Developing Countries written by Guido Gustavo Porto and has been published by Centre for Economic Policy Research this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
This book summarizes the state of knowledge in the economic literature on trade and development regarding the costs of adjustment to trade openness and how adjustment takes place in developing countries. The contributions by leading experts look at: *the magnitude of trade adjustment costs in the presence of frictions in factor markets; *the impacts of trade shocks and greater trade openness; *the factors that affect the way trade, especially exports, adjust; *trade adjustment assistance programs in the U.S. and compensation schemes for farmers in the EU. The book will be relevant to academics, students, policy-makers and trade practitioners alike. Too often, policymakers avoid more open trade because they fear the adjustment costs, while proponents of such open trade overlook or dismiss them. This comprehensive set of papers takes these costs seriously and helps us appreciate where both sides go wrong. It provides an extremely useful survey of what we know and what we still need to know if the benefits from trade are to be more widespread within developing countries --Robert Lawrence, Albert L Williams Professor of International Trade Harvard Kennedy School.Trade expansion generates huge potential gains to developing countries, but it may also produce pains to specific socio-economic groups. This volume by world-renowned trade and labour experts offers the first comprehensive assessment of how trade adjustment takes place in developing countries, what its costs are and how policy can help mitigate them. As such it is an important and timely contribution to the debate on the costs and benefits of globalisation for developing countries.A --Andre Sapir, Professor of Economics, Solvay Brussels School of Economics and Management, and former Economic Advisor to the President of the European Commission
Sticky Feet
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Author : Claire H. Hollweg
language : en
Publisher: World Bank Publications
Release Date : 2014-07-03
Sticky Feet written by Claire H. Hollweg and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-03 with Business & Economics categories.
This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.
Trade Adjustment In Asia
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Author : Marc Bacchetta
language : en
Publisher:
Release Date : 2020
Trade Adjustment In Asia written by Marc Bacchetta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
The Political Economy Of Trade Protection
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Author : Anne O. Krueger
language : en
Publisher: University of Chicago Press
Release Date : 2007-12-01
The Political Economy Of Trade Protection written by Anne O. Krueger and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-01 with Business & Economics categories.
This clear, concise summary of the in-depth analyses presented in The Political Economy of American Trade Policy examines the level, form, and evolution of American trade protection. In case studies of trade barriers imposed during the 1980s to help the steel, semiconductor, automobile, lumber, wheat, and textile and apparel industries, the contributors trace the evolution of efforts to obtain protection, protectionist measures, and their results. A chapter assessing the common themes that emerge from the studies concludes that the focus of current trade law is exclusively on the individual protection-seeking industries, with little regard for indirect effects on using industries or for consumers. Reform could usefully take these effects into account. This volume will interest policymakers, business executives, and anyone interested in trade policy formulation and practice.
Search Externalities In Firm To Firm Trade
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Author : John Spray
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-19
Search Externalities In Firm To Firm Trade written by John Spray and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-19 with Business & Economics categories.
I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing decisions and consumer welfare depends on the relative size of search externalities in domestic and international markets. These externalities can be positive if firms share information about potential matches, or negative if the market is congested. Using unique firm-to-firm transaction-level data from Uganda, I document empirical evidence consistent with positive externalities in international markets and negative externalities in domestic markets. I then build a dynamic quantitative version of the model and show that, in Uganda, a 25% reduction in trade costs led to a 3.7% increase in consumer welfare, 12% of which was due to search externalities.
Making Trade An Engine Of Growth For All
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2017-10-04
Making Trade An Engine Of Growth For All written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-04 with Business & Economics categories.
The role of trade in the global economy is at a critical juncture. Increased trade integration helped to drive economic growth in advanced and developing economies in the latter part of the 20th century. Since the early 2000’s, however, a slowdown in the pace of trade reform, a post-crisis uptick in protectionism, and risk of further reversals have been a drag on trade, productivity, and income growth. At the same time, trade is leaving too many individuals and communities behind, notably also in advanced economies. To be sure, job losses in certain sectors or regions in advanced economies have resulted to a large extent from technological changes rather than from trade. But adjustment to trade can bring a human and economic downside that is frequently concentrated, sometimes harsh, and has too often become prolonged. It need not be that way. With the right policies, countries can benefit from the great opportunities that trade brings and lift up those who have been left behind. Those polices ease adjustment to trade, as well as strengthen overall economic flexibility and performance.
China S Integration With The Global Economy
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Author : Chunlai Chen
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-01
China S Integration With The Global Economy written by Chunlai Chen and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Political Science categories.
This comprehensive collection provides a remarkable wealth of information and a timely assessment of China's economic development and integration with the global economy after WTO accession. Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyze many important issues. These hotly debated topics include China's economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand. Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies, as well as researchers in international trade and foreign investment.--Publisher.
Technology Shocks And Aggregate Fluctuations
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Author : Mr.Pau Rabanal
language : en
Publisher: International Monetary Fund
Release Date : 2004-12-01
Technology Shocks And Aggregate Fluctuations written by Mr.Pau Rabanal and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-12-01 with Business & Economics categories.
Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the strong positive comovement between output and labor input measures.
Nafta Review
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Author :
language : en
Publisher:
Release Date : 1992
Nafta Review written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Free trade categories.
