Do Endowments Predict The Location Of Production

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Do Endowments Predict the Location of Production?

Author : Jeffrey Ian Bernstein
Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Do Endowments Predict the Location of Production? by : Jeffrey Ian Bernstein

Download or read book Do Endowments Predict the Location of Production? written by Jeffrey Ian Bernstein and published by . This book was released on 1998 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the relationship between factor endowments and production patterns using international and Japanese regional data, we provide the first empirical confirmation of Ethier's correlation approach to the Rybczynski theorem. Moreover, we find evidence of substantial production indeterminacy. Prediction errors are six to thirty times larger for goods traded relatively freely. A compelling explanation of this phenomenon is the existence of more goods than factors in the presence of trade costs. This result implies that regressions of trade or output on endowments have weak theoretical foundations. Furthermore, since errors are largest in data sets where trade costs are small, we explain why the common methodology of imputing trade barriers from regression residuals often leads to backwards results.

Spatial Location of Firms and Industries

Author : Miroslav N. Jovanović
Publisher : Nova Publishers
ISBN 13 : 9781594546129
Total Pages : 106 pages
Book Rating : 4.5/5 (461 download)

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Book Synopsis Spatial Location of Firms and Industries by : Miroslav N. Jovanović

Download or read book Spatial Location of Firms and Industries written by Miroslav N. Jovanović and published by Nova Publishers. This book was released on 2006 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where economic activity will locate in the future is one of the most important questions in economics. 'Global' competitiveness often depends on highly concentrated 'local' knowledge, capabilities and common tacit codes of behaviour, which can be found in a geographical concentration (cluster) of firms.

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 674 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

China's Growing Role in World Trade

Author : Robert C. Feenstra
Publisher : University of Chicago Press
ISBN 13 : 0226239721
Total Pages : 603 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis China's Growing Role in World Trade by : Robert C. Feenstra

Download or read book China's Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Neoliberalism 2.0: Regulating and Financing Globalizing Markets

Author : L. Nijs
Publisher : Springer
ISBN 13 : 1137535563
Total Pages : 317 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Neoliberalism 2.0: Regulating and Financing Globalizing Markets by : L. Nijs

Download or read book Neoliberalism 2.0: Regulating and Financing Globalizing Markets written by L. Nijs and published by Springer. This book was released on 2016-01-26 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's increasingly globalized environment, many economic fundamentals need to be reconsidered in order to regain stability in the global marketplace. One such consideration is the failing dynamics of the international tax infrastructure. Neoliberalism 2.0 brings a 21st century assessment of the Pigovian taxes, considering a completely new calibration of the international tax systems, inspired by the historically developed Pigovian tax model. The book considers the impact neoliberalism had and will have on regulatory infrastructure, democracy in an era of globalization and reduced legitimation of the national state. The Pigovian model brings home the often forgotten relationship between taxation (as a part of the regulatory sphere), macro-economics, and the political-philosophical context in which law and economics emerge. The model also takes into account the phenomena of globalization and financialization and is tested using the financial sector as an example. This book addresses the many challenges a Pigovian shift would imply for the sovereign and its national economies. Neoliberalism 2.0 demonstrates the ability to design a paradigm-changing alternative to the current tax infrastructure, while taking into account a low economic growth environment of the future, the implications of globalization and the changing relationship between citizens and their state.

Benchmarking Structural Transformation Across the World

Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 1484359666
Total Pages : 44 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Benchmarking Structural Transformation Across the World by : Ms.Era Dabla-Norris

Download or read book Benchmarking Structural Transformation Across the World written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2013-07-31 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture, manufacturing and services) for a panel of 168 countries over the period 1970-2010. The analysis points to large differences in sector shares both across and within regions as well as for countries at similar levels of economic development. Using both linear and quantile regression methods, it finds that a large proportion of the cross-country variation in sector shares can be accounted for by country characteristics, such as real GDP per capita, demographic structure, and population size. It also finds that policy and insitutional variables, such as product market reforms, openness to trade, human and physical capital, and finance improve the baseline model’s ability to account for the variation in sectoral shares across countries.

The Economics of International Integration

Author : Miroslav N. Jovanović
Publisher : Edward Elgar Publishing
ISBN 13 : 1845428935
Total Pages : 919 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis The Economics of International Integration by : Miroslav N. Jovanović

Download or read book The Economics of International Integration written by Miroslav N. Jovanović and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 919 pages. Available in PDF, EPUB and Kindle. Book excerpt: International economic integration has played a significant part in economic policy decisions for most countries and regions throughout the world over decades. This text looks at why the success of integration schemes has been so variable and what the prospects are for integration in the future.

Factor Endowments and Industrial Structure

Author : Trevor A. Reeve
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Factor Endowments and Industrial Structure by : Trevor A. Reeve

Download or read book Factor Endowments and Industrial Structure written by Trevor A. Reeve and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of International Trade

Author : E. Kwan Choi
Publisher : Wiley-Blackwell
ISBN 13 : 1405142421
Total Pages : 576 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis Handbook of International Trade by : E. Kwan Choi

Download or read book Handbook of International Trade written by E. Kwan Choi and published by Wiley-Blackwell. This book was released on 2008-04-15 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook is a detailed exploration of the theories, policies, and issues stemming from the field of International Trade. Written by specialists in the field, the chapters focus on four important areas: factor proportions theory, trade policy, investment, and new trade theory. The extensive analysis covers such topics as the Heckscher-Ohlin Trade Model and the Stolper-Samuelson Price Link, as well as wages, antidumping, and political economics. Explores the theories, policies and issues stemming from the field of International Trade. Focuses on factor proportions theory, trade policy, investment, and new trade theory. Includes analyses of the Heckscher-Ohlin Trade Model and the Stolper-Samuelson Price link.

The Economics of European Integration

Author : Miroslav N. Jovanovi_
Publisher : Edward Elgar Publishing
ISBN 13 : 0857933981
Total Pages : 1057 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis The Economics of European Integration by : Miroslav N. Jovanovi_

Download or read book The Economics of European Integration written by Miroslav N. Jovanovi_ and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 1057 pages. Available in PDF, EPUB and Kindle. Book excerpt: Acclaim for the first edition: ÔThe book is essential for students in European studies, international economics and business or international relations at both graduate and postgraduate level.Õ Ð Ricardo Pinheiro-Alves, The Times Higher Education Supplement Thoroughly revised and updated, the second edition of this highly acclaimed textbook will be required reading for graduate and undergraduate students on a wide range of courses including: European economics, economic policy, European integration, European studies and international relations. Exploring the EU at an important turning point and during uncertain and turbulent times, the text will also prove an invaluable reference tool for academics and policy makers concerned with any facet of European integration. Comprehensive and accessible, this far-reaching text: ¥ provides in-depth, state-of-the-art analysis of the origins, achievements and prospects of principal EU economic policies ¥ covers all EU member countries as well as candidate countries ¥ sets scenarios for future EU policy and organisational evolution ¥ prescribes possible paths and directions for the EU, not only for economic policies but also for organisational structure; ¥ features supplementary data via a companion website. Topics explored in detail include: EU budget, competition policy, Common Agricultural Policy, fiscal integration, monetary integration, industrial policy in manufacturing and services, trade policy and international economic cooperation, regional policy, social policy, mobility of labour, energy policy, transport policy, environment policy and enlargement.

The Stolper-Samuelson Theorem

Author : Alan V. Deardorff
Publisher : University of Michigan Press
ISBN 13 : 9780472105335
Total Pages : 408 pages
Book Rating : 4.1/5 (53 download)

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Book Synopsis The Stolper-Samuelson Theorem by : Alan V. Deardorff

Download or read book The Stolper-Samuelson Theorem written by Alan V. Deardorff and published by University of Michigan Press. This book was released on 1994 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collects the original Stolper-Samuelson article and most significant later contributions that interpret, extend, and test the basic result

Contemporary Issues in Urban and Regional Economics

Author : Lawrence Yee
Publisher : Nova Publishers
ISBN 13 : 9781594543036
Total Pages : 200 pages
Book Rating : 4.5/5 (43 download)

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Book Synopsis Contemporary Issues in Urban and Regional Economics by : Lawrence Yee

Download or read book Contemporary Issues in Urban and Regional Economics written by Lawrence Yee and published by Nova Publishers. This book was released on 2005 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: If all politics are local, then all economics are regional and local. Globalisation, for all its mystery and so-called inevitability, has its foundations and bloodlines in urban and regional economics. The economic impacts of poverty, housing, transportation, education, and crime are included. This new book includes within its scope: multiplier and impact analysis, input-output models, growth theory, migration, urban and regional labour markets, urban and regional public policy, regional devolution, small firms policy, and foreign direct investment.

Trade, Investment, Migration and Labour Market Adjustment

Author : D. Greenaway
Publisher : Springer
ISBN 13 : 1403920184
Total Pages : 256 pages
Book Rating : 4.4/5 (39 download)

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Book Synopsis Trade, Investment, Migration and Labour Market Adjustment by : D. Greenaway

Download or read book Trade, Investment, Migration and Labour Market Adjustment written by D. Greenaway and published by Springer. This book was released on 2002-09-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and the growing integration of national markets have had profound effects on the operation of markets, not least labour markets. In this book, a range of leading commentators on globalization and labour markets present original contribution on the interaction between these two areas. This book assesses the impact of globalization on trade, cross-border investment and migration from both a theoretical and econometric standpoint and discusses the possible applications of this analysis for both industrialized and developing countries.

Spatial Inequality and Development

Author : S. M. Ravi Kanbur
Publisher : Oxford University Press, USA
ISBN 13 : 0199278636
Total Pages : 435 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Spatial Inequality and Development by : S. M. Ravi Kanbur

Download or read book Spatial Inequality and Development written by S. M. Ravi Kanbur and published by Oxford University Press, USA. This book was released on 2005 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is an introduction to spatial and regional inequality. Drawing on data from 25 countries from around the world, it examines the questions: What exactly is spatial inequality? Why does it matter? And what should be the policy response to it?"--Provided by publisher.

International Trade Issues

Author : Robert V. Weeks
Publisher : Nova Publishers
ISBN 13 : 9781594546211
Total Pages : 296 pages
Book Rating : 4.5/5 (462 download)

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Book Synopsis International Trade Issues by : Robert V. Weeks

Download or read book International Trade Issues written by Robert V. Weeks and published by Nova Publishers. This book was released on 2006 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: While some may dispute that economics is the driving force behind much of history, nobody can argue that trade is not a significant factor in international relations. This book assembles a collection of articles examining some of the divisive issues in the international trade arena. It serves as a tool for understanding the economic subjects.

Spatial Dimensions of Trade Liberalization and Economic Convergence

Author : Patricio Aroca
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4./5 ( download)

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Book Synopsis Spatial Dimensions of Trade Liberalization and Economic Convergence by : Patricio Aroca

Download or read book Spatial Dimensions of Trade Liberalization and Economic Convergence written by Patricio Aroca and published by World Bank Publications. This book was released on 2005 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the spatial dimension of growth in Mexico over the past three decades. The literature on regional economic growth shows a decrease in regional dispersion from 1970 to 1985, and a sharp increase afterward coinciding with the trade liberalization of the Mexican economy. Using spatial econometric, tools the authors analyze how the process of convergence/divergence has mapped spatially and whether it makes sense to talk about spatial regions in Mexico. Although the rich North-poor South dichotomy has dominated this phenomenon, interesting patterns emerge. Namely the distribution of growth after Mexico's post-liberalization seems to be much less associated with distance to the United States than the authors had initially expected.

Do Factor Endowments Matter for North-north Trade?

Author : Donald R. Davis
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Do Factor Endowments Matter for North-north Trade? by : Donald R. Davis

Download or read book Do Factor Endowments Matter for North-north Trade? written by Donald R. Davis and published by . This book was released on 2001 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dominant paradigm of world trade patterns posits two principal features. Trade between North and South arises due to traditional comparative advantage, largely determined by differences in endowment patterns. Trade within the North, much of it intra-industry trade, is based on economies of scale and product differentiation. The paradigm specifically denies an important role for endowment differences in determining North-North trade. This paper provides the first sound empirical examination of this question. We demonstrate that trade in factor services among countries of the North is systematically related to endowment differences and large in economic magnitude. Intra-industry trade, rather than being a puzzle for a factor endowments theory, is instead the conduit for a great deal of this factor service trade.