منابع مشابه
Trade, Finance, Specialization and Synchronization
I investigate the determinants of business cycles synchronization, across regions and over time. I use both international and intranational data to evaluate the linkages between trade in goods, trade in ...nancial assets, specialization and business cycles synchronization in the context of a system of simultaneous equations. In all speci...cations, the results are as follows. (i) Simultaneity i...
متن کاملRelative Factor Abundance and Trade
I develop a factor content of trade prediction for the Heckscher-OhlinVanek model (HOV) that relates bilateral differences in country endowments to bilateral differences in factor contents. The results are striking. In comparisons of North-South factor contents or factor contents of countries with very different endowments (e.g., with very different capital-labor ratios), there is clear support...
متن کاملThe Rise of Vertical Specialization Trade
Vertical specialization (VS) trade, trade in goods that incorporate imported inputs, has grown rapidly since the 1960s. While the share of trade in inputs has not increased, the types of inputs traded have shifted from raw materials to manufactured parts. I argue that declining trade costs are an important explanation for these facts. I present a three stage vertical specialization trade model,...
متن کاملOne Size Fits All? Specialization, Trade and Income Inequality
Previous research has uncovered precious little support for Heckscher-Ohlin trade theory. This paper demonstrates that those efforts focus on an overly restrictive version of the model. Indeed, strong evidence that output is a function of endowments can be found if we recognize that countries with sufficiently disparate endowments specialize in different subsets of goods. This paper develops a ...
متن کاملSpecialization and trade-offs in plant-feeding insects
SPECIALIZATION AND TRADE-OFFS IN PLANT-FEEDING INSECTS SEPTEMBER 2017 DANIEL A. PETERSON, B.A., AMHERST COLLEGE M.S., UNIVERSITY OF WASHINGTON Ph.D., UNIVERSITY OF MASSACHUSETTS AMHERST Directed by: Professor Benjamin B. Normark The immense diversity of life on Earth has been attributed to the partitioning of available resources into ecological niches, but it is not obvious what determines the ...
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ژورنال
عنوان ژورنال: The Energy Journal
سال: 2015
ISSN: 0195-6574
DOI: 10.5547/01956574.36.3.rger