Gravity with Gravitas: A Solution to the Border Puzzle Author(s
... (1998) says it is an unexpected result, even more surprising than Daniel Trefler's (1995) "mystery of the missing trade." A rapidly growing literature is aimed at measuring and understanding trade border effects.3 So far none of the subsequent research has explained McCallum's finding. We solve the ...
... (1998) says it is an unexpected result, even more surprising than Daniel Trefler's (1995) "mystery of the missing trade." A rapidly growing literature is aimed at measuring and understanding trade border effects.3 So far none of the subsequent research has explained McCallum's finding. We solve the ...
A Selective Review of Recent Quantitative Empirical Research in
... Review school; research on institutional changes in the social structures of accumulation approach; research on consumption norms and behavior. But even this list is not exhaustive. The rest of the paper is divided into two parts. The first part reviews, in section 2, a topic of empirical research t ...
... Review school; research on institutional changes in the social structures of accumulation approach; research on consumption norms and behavior. But even this list is not exhaustive. The rest of the paper is divided into two parts. The first part reviews, in section 2, a topic of empirical research t ...
Production Possibilities (cont.)
... • Producers may choose different amounts of factors of production used to make cloth or food. • Their choice depends on the wage, w, paid to labor and the rental rate, r, paid when renting capital. • As the wage w increases relative to the rental rate r, producers use less labor and more capital in ...
... • Producers may choose different amounts of factors of production used to make cloth or food. • Their choice depends on the wage, w, paid to labor and the rental rate, r, paid when renting capital. • As the wage w increases relative to the rental rate r, producers use less labor and more capital in ...
aamir - Gross national happiness
... • Trade-openness route is a very important mechanism to enhance the level of happiness of poor individuals in world because it not only tend to improve the incomes but also provide some additional resources in order to overcome the issue of poverty and hence raise the utility level [Winters, (2000); ...
... • Trade-openness route is a very important mechanism to enhance the level of happiness of poor individuals in world because it not only tend to improve the incomes but also provide some additional resources in order to overcome the issue of poverty and hence raise the utility level [Winters, (2000); ...
Reading 1
... We treat the acquisition of employment skills as a supply-side concern, and thus arguably within the ambit of technological innovation, since physical capital, labour, and knowledge are currently considered the most important factors in production and service. Labour skills and know-how can have a p ...
... We treat the acquisition of employment skills as a supply-side concern, and thus arguably within the ambit of technological innovation, since physical capital, labour, and knowledge are currently considered the most important factors in production and service. Labour skills and know-how can have a p ...
PDF
... the globalization level ranging from regional to global cooperation; the degree of government intervention varying from low to high regulation. The scenarios are described by the following storylines Global Economy (A1). In the Global Economy scenario trade bares are removed and trade is fully liber ...
... the globalization level ranging from regional to global cooperation; the degree of government intervention varying from low to high regulation. The scenarios are described by the following storylines Global Economy (A1). In the Global Economy scenario trade bares are removed and trade is fully liber ...
The Triffin Dilemma and the Saver`s Curse - Economics
... on its foreign assets is if it imported foreign capital through a current account deficit, as basic neoclassical theory suggests it should do given its high growth rate (see Gourinchas and Jeanne (2007)). So there seems indeed to be a dilemma for periphery countries between accumulating large amount ...
... on its foreign assets is if it imported foreign capital through a current account deficit, as basic neoclassical theory suggests it should do given its high growth rate (see Gourinchas and Jeanne (2007)). So there seems indeed to be a dilemma for periphery countries between accumulating large amount ...
krugman_PPT_c05
... Import Tariffs and Distribution of Income Across Countries (cont.) • When the domestic country imposes an import tariff, the terms of trade increases and the welfare of the country may increase. • The magnitude of this effect depends on the size of the domestic country relative to the world economy ...
... Import Tariffs and Distribution of Income Across Countries (cont.) • When the domestic country imposes an import tariff, the terms of trade increases and the welfare of the country may increase. • The magnitude of this effect depends on the size of the domestic country relative to the world economy ...
Chapter 5 PPT
... Import Tariffs and Distribution of Income Across Countries (cont.) • When the domestic country imposes an import tariff, the terms of trade increases and the welfare of the country may increase. • The magnitude of this effect depends on the size of the domestic country relative to the world economy ...
... Import Tariffs and Distribution of Income Across Countries (cont.) • When the domestic country imposes an import tariff, the terms of trade increases and the welfare of the country may increase. • The magnitude of this effect depends on the size of the domestic country relative to the world economy ...
Luhmann Reconsidered: Steps Towards an Empirical
... versions of Parsonianism, particularly Luhmann and Habermas, were to be repudiated despite the sophistication and importance of these authors.” However, Giddens focused on explaining action; social structure was black-boxed in his “structuration theory” as a “duality” which precedes action as “rules ...
... versions of Parsonianism, particularly Luhmann and Habermas, were to be repudiated despite the sophistication and importance of these authors.” However, Giddens focused on explaining action; social structure was black-boxed in his “structuration theory” as a “duality” which precedes action as “rules ...
Chapter 5
... Import Tariffs and Distribution of Income Across Countries (cont.) • When the domestic country imposes an import tariff, the terms of trade increases and the welfare of the country may increase. • The magnitude of this effect depends on the size of the domestic country relative to the world economy ...
... Import Tariffs and Distribution of Income Across Countries (cont.) • When the domestic country imposes an import tariff, the terms of trade increases and the welfare of the country may increase. • The magnitude of this effect depends on the size of the domestic country relative to the world economy ...
Some Observations on the Convergence Experience of Turkey Murat ÜNGÖR
... aims to bring about a better understanding of the convergence experience of Turkey. We explore some aspects of the convergence process of Turkey and provide some international comparisons tracking the changes in both nominal and real per capita income figures. With respect to the per capita income, ...
... aims to bring about a better understanding of the convergence experience of Turkey. We explore some aspects of the convergence process of Turkey and provide some international comparisons tracking the changes in both nominal and real per capita income figures. With respect to the per capita income, ...
The substantive economy of money - Hal-SHS
... i. e. theatre, trials, politics and the contemplation of good, prohibits any type of effective economic accumulation. A contrario, the free display of pecuniary activity is contradictory to the “natural” order of the City which is based on three principles, self-sufficiency, community (resting on th ...
... i. e. theatre, trials, politics and the contemplation of good, prohibits any type of effective economic accumulation. A contrario, the free display of pecuniary activity is contradictory to the “natural” order of the City which is based on three principles, self-sufficiency, community (resting on th ...
Munshi(209).pdf
... In this paper, we further explore how increased trade and capital flows affect interoccupational wage inequality across countries by using OWW data for 52 developed and developing countries covering the entire OWW period, i.e., 1983-2003. Compared to previous studies, we cover a relatively recent pe ...
... In this paper, we further explore how increased trade and capital flows affect interoccupational wage inequality across countries by using OWW data for 52 developed and developing countries covering the entire OWW period, i.e., 1983-2003. Compared to previous studies, we cover a relatively recent pe ...
Innovation Studies
... Conclusion (continued) - The ‘scholarly’ status of the field - To what extent is the specialty critical – as opposed to the social studies of science –, and why doesn’t the specialty engage in scholarly discussions with other sciences like sociology and history, as well as with ‘critical’ researche ...
... Conclusion (continued) - The ‘scholarly’ status of the field - To what extent is the specialty critical – as opposed to the social studies of science –, and why doesn’t the specialty engage in scholarly discussions with other sciences like sociology and history, as well as with ‘critical’ researche ...
NBER WORKING PAPER SERIES MARKET ACCESS, OPENNESS AND GROWTH John Romalis
... such as the quality of institutions using a panel of growth rates. The conclusion of most of the cross-country studies is that countries with lower trade barriers grow faster. Dollar (1992) finds that growth in 95 developing countries over the period 1976-1985 is negatively correlated to two indices ...
... such as the quality of institutions using a panel of growth rates. The conclusion of most of the cross-country studies is that countries with lower trade barriers grow faster. Dollar (1992) finds that growth in 95 developing countries over the period 1976-1985 is negatively correlated to two indices ...
BRIC Power Emerging Countries: Brazil, Russia, India, China and Dell Strategy
... What is BRIC? BRIC - Brazil, Russia, India and China. The term was coined by Jim O'Neill of Goldman Sachs in a 2001 paper entitled "Building Better Global Economic BRICs". It was then prominently used in a Goldman Sachs report from 2003, which speculated that by 2050 these four economies would be w ...
... What is BRIC? BRIC - Brazil, Russia, India and China. The term was coined by Jim O'Neill of Goldman Sachs in a 2001 paper entitled "Building Better Global Economic BRICs". It was then prominently used in a Goldman Sachs report from 2003, which speculated that by 2050 these four economies would be w ...
Sectoral Asymmetries in a Small Open Economy September 2014
... terms of trade. Therefore, any model seeking to explain the role of various shocks in driving business ‡uctuations should ideally incorporate endogenous capacity utilization and terms of trade. It is for this reason that we build on the model of Neumeyer and Perri by adding tradable and nontradable ...
... terms of trade. Therefore, any model seeking to explain the role of various shocks in driving business ‡uctuations should ideally incorporate endogenous capacity utilization and terms of trade. It is for this reason that we build on the model of Neumeyer and Perri by adding tradable and nontradable ...
Amédée or how to get rid of it: social representations... Ivana Markova, University of Stirling
... psychology, to mention some of the most important ones. These traditions and ideas have been transformed and further developed in the present socio-cultural theories of the mind (e.g. Wertsch, 1991; Hermans and Kempen, 1993; co-constructivism (Valsiner, 1998) , dialogism in language (Linell, 1998, R ...
... psychology, to mention some of the most important ones. These traditions and ideas have been transformed and further developed in the present socio-cultural theories of the mind (e.g. Wertsch, 1991; Hermans and Kempen, 1993; co-constructivism (Valsiner, 1998) , dialogism in language (Linell, 1998, R ...
