The Experts below are selected from a list of 305007 Experts worldwide ranked by ideXlab platform
Isabelle Mejean - One of the best experts on this subject based on the ideXlab platform.
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low wage Country competition and the quality content of high wage Country exports
Journal of International Economics, 2014Co-Authors: Isabelle MejeanAbstract:We study how competition from Low-Wage countries in international markets affects the quality content of high-wage Country exports. We focus on aggregate quality changes driven by a reallocation of sales from low- to high-quality exporters, within industries. Two alternative indicators are used on firm-level data to measure quality changes. Both lead to similar conclusions. Namely, we show that the mean quality of French exports increased by 10–15% between 1995 and 2005. Quality improvement is significantly more pronounced in markets in which competition from Low-Wage countries has increased the most. This holds true for various specifications including two different identification strategies. The results are consistent with competition from Low-Wage countries leading developed countries to specialize within industries in the production of higher quality goods.
Kazuhiro Yamamoto - One of the best experts on this subject based on the ideXlab platform.
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trade costs wage difference and endogenous growth
Papers in Regional Science, 2012Co-Authors: Akinori Tanaka, Kazuhiro YamamotoAbstract:In this paper, we develop an endogenous growth and international trade model with two countries in which equilibrium wages in the two countries are different between two countries. First, when trade costs are high, the share of manufacturing firms in the large Country increases with a decline in trade costs because of market size. However, the share of firms then decreases with a decline in trade costs when trade costs are low because of wage differences. Finally, all firms agglomerate in the small Country, since production costs in the small Country are low. In this process, the innovation sector shifts its location from the large-market and high-wage Country to the small-market and Low-Wage Country.
Akinori Tanaka - One of the best experts on this subject based on the ideXlab platform.
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trade costs wage difference and endogenous growth
Papers in Regional Science, 2012Co-Authors: Akinori Tanaka, Kazuhiro YamamotoAbstract:In this paper, we develop an endogenous growth and international trade model with two countries in which equilibrium wages in the two countries are different between two countries. First, when trade costs are high, the share of manufacturing firms in the large Country increases with a decline in trade costs because of market size. However, the share of firms then decreases with a decline in trade costs when trade costs are low because of wage differences. Finally, all firms agglomerate in the small Country, since production costs in the small Country are low. In this process, the innovation sector shifts its location from the large-market and high-wage Country to the small-market and Low-Wage Country.
Kwan E Choi - One of the best experts on this subject based on the ideXlab platform.
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trade and the adoption of a universal language
International Review of Economics & Finance, 2002Co-Authors: Kwan E ChoiAbstract:This paper investigates long run consequences of international trade between two economies inhabited by two distinct races using different languages. If wages are not equal in autarky, free trade encourages the workers of the Low-Wage Country to learn the language of the high-wage Country. As the bilingual population increases in the Low-Wage Country, products are increasingly produced in the dominant language version. In the long run the language of the high-wage Country becomes universally adopted.
Zijun Luo - One of the best experts on this subject based on the ideXlab platform.
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tax policies regional trade agreements and foreign direct investment a welfare analysis
Pacific Economic Review, 2016Co-Authors: Charles Braymen, Yangming Chang, Zijun LuoAbstract:In this paper, we develop a partial equilibrium three‐Country model to examine the relationship between regional trade agreements (RTAs) and foreign direct investment (FDI) in an environment with double taxation. Our analysis shows that FDI is welfare‐improving for at least one or both of the two regional countries if wage asymmetry is significantly large. FDI and an RTA are also welfare‐improving for the high‐wage Country and the region if the wage differential is not small. We also examine the role of repatriation taxes in affecting the determination of firm location under an RTA. Our results suggest that the signing of an RTA may induce relocation from the high‐wage Country to the low‐wage Country unless an increase in the repatriation tax rate also occurs.
