Economic Development – Page 2

Heterogeneous Effects of Economic Integration Agreements

Posted on 31 October 2018 by Ben Zissimos

By Scott L. Baier (Clemson University), Jeffrey H. Bergstrand (University of Notre Dame), and Matthew W. Clance (University of Pretoria) It is now widely accepted that economic integration agreements (EIAs) and other trade-policy liberalizations contribute to nations’ economic growth and development. EIAs have proliferated among North-North (N-N), North-South (N-S), and South-South (S-S) country-pairs. While such agreements inevitably alter […]

Community-Based Action to Fight Corruption

Posted on 30 September 2018 by Ben Zissimos

By Avinash Dixit (Princeton University) How should a country fight corruption? Most people would answer that the government should make and enforce strong laws against it. But further thinking should show that this approach won’t get far. The politicians who make laws, and the officials who enforce them, all stand to benefit from the prevailing […]

Institutional and Organizational Analysis: Concepts and Applications

Posted on 30 September 2018 by Ben Zissimos

By Eric Alston (University of Colorado Boulder), Lee Alston (Indiana University Bloomington), Bernardo Mueller (University of Brasilia), and Tomas Nonnenmacher (Allegheny College, Pennsylvania) Today, the notion that “institutions matter” is broadly accepted. Scholars have generated a rich literature on the causes and effects of institutions spanning from the micro to the macro level. The pioneering […]

Export Competitiveness of Developing Countries and US Trade Policy

Posted on 29 June 2018 by Ben Zissimos

By Shushanik Hakobyan[1] (International Monetary Fund) With rising US trade protectionism against its major trading partners, the Generalized System of Preferences or GSP, a long-running scheme of tariff exemptions meant to aid exporters in developing countries, may get less attention. While GSP imports account for about one percent of total US imports, they account for about […]

Summary of the 5th InsTED Workshop at Syracuse University

Posted on 30 May 2018 by Ben Zissimos

We would like to thank The Department of Economics and the Maxwell School of Citizenship and Public Affairs, Syracuse University, for hosting and sponsoring the 5th InsTED Workshop. We are also grateful for sponsorship and organizational support from the Moynihan Institute of Global Affairs, as well as sponsorship from the Program for the Advancement of […]

Firm Productivity Differences from Factor Markets: New Evidence from China

Posted on 29 April 2018 by Ben Zissimos

By Wenya Cheng (University of Glasgow) and John Morrow (Birkbeck, University of London) Although firms may face radically different production conditions, this dimension of firm heterogeneity is often overlooked. A number of studies document large and persistent differences in productivity across both countries and firms.[1] However, these differences remain largely ‘some sort of measure of […]

Trade Liberalization and Intergenerational Occupational Mobility in Urban India

Posted on 30 March 2018 by Ben Zissimos

By Reshad N Ahsan (University of Melbourne) and Arpita Chatterjee (University of New South Wales) Economic globalization is currently under threat from a populist political backlash. A common narrative is that this backlash is partly a result of a trade-induced increase in inequality.[1] In our recent research, we show that the same mechanism that causes […]

Growth, Import Dependence, and War

Posted on 25 February 2018 by Ben Zissimos

By Roberto Bonfatti (University of Nottingham) and Kevin Hjortshøj O’Rourke (University of Oxford) World trade has increased tremendously in recent decades, driven by the rise of China and other emerging economies. The reliance of world trade on choke points (such as the Strait of Hormuz, the Malacca Strait and the South China Sea) creates the need for […]

Foreign Investment Boosts Sophistication of Domestic Manufacturing: New Evidence from Turkey

Posted on 21 January 2018 by Ben Zissimos

By Beata Javorcik (University of Oxford), Alessia Lo Turco, (Marche Polytechnic University), Daniela Maggioni (University of Catania) Recently, there has been a renewal of interest in industrial policy across the world. Advanced economies promise to use industrial policy to revive their declining manufacturing, while emerging markets hope that industrial policies will help them upgrade their […]

Trade and Growth with Heterogeneous Firms and Asymmetric Countries

Posted on 30 November 2017 by Ben Zissimos

By Takumi Naito (Vanderbilt University and Waseda University) Trade liberalization encourages more productive firms to start exporting, while it forces more unproductive firms to exit from their domestic markets. The increase in the average productivity because of tougher selection contributes to higher welfare of countries. This idea, captured by the Melitz model of heterogeneous firms, […]