Journal of International Economics

最新文章

• Trade liberalization and intersectoral labor movements AI翻译
  作者：Wacziarg, R; Wallack, JS
  作者单位：Stanford University
  摘要：This paper examines the impact of trade liberalization episodes on movements of labor across sectors. The aim is to assess empirically whether increased trade openness leads to increased structural change and, if so, to what extent. Results for a set of 25 liberalization episodes suggest weakly negative effects of liberalization on the extent of intersectoral labor shifts at the economywide 1-digit level of disaggregation. We do uncover increased sectoral change after liberalization at the 3-d...
• Should the exchange rate be a shock absorber? AI翻译
  作者：Devereux, MB
  作者单位：University of British Columbia
  摘要：This paper examines the welfare case for the exchange rate as a shock absorber, cushioning an economy in face of shocks to world demand for its good. We provide an example in which, although the exchange rate acts perfectly as a shock absorber, stabilizing output around the natural rate, and eliminating the impact of nominal rigidities, it may in fact be better to prevent the exchange rate from adjusting at all. The explanation for this is that, with incomplete international financial markets,...
• Financial crises, liquidity, and the international monetary system AI翻译
  作者：Allen, F
  作者单位：University of Pennsylvania
• Empirical asymmetries in foreign direct investment and taxation AI翻译
  作者：Mutti, J; Grubert, H
  作者单位：Grinnell College; United States Department of the Treasury
  摘要：This paper assesses the sensitivity of the operations of multinational corporations (MNCs) to host country taxation. The empirical analysis is based on two different measures of MNC activity by U.S. majority-owned foreign affiliates: panel data for aggregate real gross product in manufacturing that originates in a given host country and micro data for a single year regarding the likelihood of a firm locating in a given host country. The empirical estimates indicate that investment geared towar...
• The effect of the Internet on international trade AI翻译
  作者：Freund, CL; Weinhold, D
  作者单位：The World Bank; University of London; London School Economics & Political Science
  摘要：We find that the Internet stimulates trade. Evidence from time-series and cross-section regressions shows a significant effect of the Internet on trade in recent years. Our results suggest that a 10 percentage point increase in the growth of web hosts in a country leads to about a 0.2 percentage point increase in export growth. For the average country in our sample, the Internet contributed to about a I percentage point increase in annual export growth from 1997 to 1999. We also find evidence ...
• How good are trade and telephone call traffic in bridging income gaps and TFP gaps? AI翻译
  作者：Wong, WK
  作者单位：National University of Singapore
  摘要：This paper empirically evaluates the relative importance of embodied vs. disembodied idea flows in explaining income gaps and total factor productivity (TFP) gaps. Trade is used as a measure of embodied idea flows and telephone call traffic a measure of disembodied flows. Since both trade and telephone traffic may be endogenous, this paper uses the geographic, linguistic, and colonial components of trade and telephone traffic as instruments to identify their effects on income and TFP. The resu...
• FDI and economic growth: the role of local financial markets AI翻译
  作者：Alfaro, L; Chanda, A; Kalemli-Ozcan, S; Sayek, S
  作者单位：University of Houston System; University of Houston; Harvard University; North Carolina State University; International Monetary Fund
  摘要：In this paper, we examine the various links among foreign direct investment (FDI), financial markets, and economic growth. We explore whether countries with better financial systems can exploit FDI more efficiently. Empirical analysis, using cross-country data between 1975 and 1995, shows that FDI alone plays an ambiguous role in contributing to economic growth. However, countries with well-developed financial markets gain significantly from FDI. The results are robust to different measures of...
• Intra-national versus international trade in the European Union: why do national borders matter? AI翻译
  作者：Chen, N
  作者单位：University of London; London Business School; Universite Libre de Bruxelles; Centre for Economic Policy Research - UK
  摘要：The first objective of this paper is to estimate border effects among European Union countries. In this context, the specification of the gravity equation, together with the choice of the distance measure, are shown to be crucial for assessing the size of the border effect. The second objective is to evaluate the determinants of the cross-commodity variation in national border effects. Contrary to previous findings reported in the literature, we show that trade barriers do provide an explanati...
• Integrating intellectual property rights and development policy AI翻译
  作者：Maskus, KE
  作者单位：University of Colorado System; University of Colorado Boulder
• Economic geography and international inequality AI翻译
  作者：Redding, S; Venables, AJ
  摘要：This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. We provide evidence that the geography of access to markets and sources of supply is statistically significant and quantitatively important in explaining cross-country variation in per capita income. This finding is robust to controlling for a wide range of considerations, including other economic, geographical, social, and...