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Trade

2013

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Institution
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Articles 1 - 17 of 17

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Exchange Rate Regimes And Nominal Wage Comovements In A Dynamic Ricardian Model, Yao Tang, Yoshinori Kurokawa, Jiaren Pang Oct 2013

Exchange Rate Regimes And Nominal Wage Comovements In A Dynamic Ricardian Model, Yao Tang, Yoshinori Kurokawa, Jiaren Pang

Economics Department Working Paper Series

We construct a dynamic Ricardian model of trade with money and nominal exchange rate. The model implies that the nominal wages of the trading countries are more likely to exhibit stronger positive comovements when the countries fix their bilateral exchange rates. Panel regression results based on data from OECD countries from 1973 to 2012 suggest that countries in the European Monetary Union (EMU) experienced stronger positive wage comovements with their main trade partners. When we restrict the regression to the subsample of the EMU countries, we find a significant increase in wage comovements after these countries joined the EMU in …

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Joiner, William C., 1933-2009 (Mss 480), Manuscripts & Folklife Archives Oct 2013

Joiner, William C., 1933-2009 (Mss 480), Manuscripts & Folklife Archives

MSS Finding Aids

Finding aid only for Manuscripts Collection 480. Log books kept by William C. Joiner, 1959-1973, while he was master and pilot of tugboats on the Green and Barren Rivers in Kentucky, his operator’s license, navigation charts, and newspaper clippings.

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Do African Immigrants Enhance Their Home Nations’ Trade With Their Hosts?, Roger White, Bedassa Tadesse Oct 2013

Do African Immigrants Enhance Their Home Nations’ Trade With Their Hosts?, Roger White, Bedassa Tadesse

Economics

Employing data on the immigrant stocks of 43 African home countries who reside in 110 host countries and on trade flows between these countries during the year 2005, we examine whether African immigrants exert positive effects on their home countries’ trade with the typical host country. Estimates from Tobit regression models indicate a one percent increase in the number of African immigrants in a given host country increases that country’s exports to and imports from the typical home country by 0.132 percent and 0.259 percent, respectively. Further evaluation of these effects from the perspective of each African home country reveals …

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Bowles, Orlando Charles, 1839-1896 (Mss 455), Manuscripts & Folklife Archives Apr 2013

Bowles, Orlando Charles, 1839-1896 (Mss 455), Manuscripts & Folklife Archives

MSS Finding Aids

Finding aid only for Manuscripts Collection 455. Correspondence, accounts, land surveys, and miscellaneous business and legal papers of Orlando C. Bowles, a Civil War veteran, lawyer, farmer, and timber trader of Pike County, Kentucky. Includes some material relating to the Cecil family of Floyd and Pike counties.

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Go West Young Man: Self-Selection And Endogenous Property Rights, Taylor Jaworski, Bart J. Wilson Apr 2013

Go West Young Man: Self-Selection And Endogenous Property Rights, Taylor Jaworski, Bart J. Wilson

Economics Faculty Articles and Research

If, as Hume argues, property is a self-referring custom of a group of people, then property rights depend on how that group forms and orders itself. In this article we investigate how people construct a convention for property in an experiment in which groups of self-selected individuals can migrate between three geographically separate regions. To test a hypothesis of Demsetz's, we vary across two treatments the external benefits of migrating. We find that self-selection has a powerful effect on establishing conventions of property and begetting increases in wealth through exchange and specialization. We also find support for the Demsetz hypothesis.

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Mission Accomplished: A Reply To Reuveny And Keshk, Cullen F. Goenner Feb 2013

Mission Accomplished: A Reply To Reuveny And Keshk, Cullen F. Goenner

Economics & Finance Faculty Publications

Reuveny and Keshk (“Reconsidering trade and conflict simultaneity: The risk of emphasizing technique over substance,” this issue, 2013) argue that the econometric techniques used by Goenner (Conflict Management and Peace Science 28(5): 459–477, 2011) to test and control for endogeneity when estimating the relationship between trade and conflict lack substance. Both sets of authors propose the use of instrumental variable methods, which are known by econometricians to be the natural remedy for estimation with potentially endogenous regressors. Where Goenner (2011) and Reuveny and Keshk (2013) agree is that theory should guide variable selection and the model’s specification. Yet they …

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Trade Liberalisation, Labour Productivity Growth And Skilled Labour Complement: Evidence From The Thai Manufacturing Sector, Piyapong Sangkaew, Kankesu Jayanthakumaran Jan 2013

Trade Liberalisation, Labour Productivity Growth And Skilled Labour Complement: Evidence From The Thai Manufacturing Sector, Piyapong Sangkaew, Kankesu Jayanthakumaran

Faculty of Business - Papers (Archive)

Trade liberalisation in Thailand raised two wider questions regarding the labour market-one with regards to the link with labour productivity and the other the link with skilled workers. This outcome provides a link between (1) trade liberalisation and labour productivity growth, and, (2) skilled employment and labour productivity growth. Trade liberalisation is also correlated with skilled employment. This type of evidence matches conventional explanations for the beneficial allocation of trade liberalisation and demanding skills training for potential future industrial growth.

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Trade Liberalisation And Manufacturing Wage Premiums: Evidence From Thailand, Kankesu Jayanthakumaran, Piyapong Sangkaew, Martin O'Brien Jan 2013

Trade Liberalisation And Manufacturing Wage Premiums: Evidence From Thailand, Kankesu Jayanthakumaran, Piyapong Sangkaew, Martin O'Brien

Faculty of Business - Papers (Archive)

This paper investigates trade related industrial wage premiums. The procedure involves (1) estimating industrial wage premiums and (2) linking those estimated wage premiums to trade related variables. Results reveal that (1) in addition to workers' characteristics, industry characteristics where workers are employed were important in determining the wages for workers, (2) falling output tariffs resulted in increased wage premiums, and (3) an increase in intermediate imports exerted a strong positive influence on wage premiums. Linked employer and employee micro data may provide further insights which are currently not available.

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Monitoring The Impacts Of Trade Agreements On Food Environments, Sharon Friel, Libby Hattersley, W Snowdon, A -M Thow, T Lobstein, D Sanders, S Barquera, S Mohan, C Hawkes, Bridget Kelly, S Kumanyika, M L'Abbe, A Lee, J Ma, J Macmullan, C Monteiro, Bruce Neal, M Rayner, G Sacks, Boyd A. Swinburn, S Vandevijvere, C Walker Jan 2013

Monitoring The Impacts Of Trade Agreements On Food Environments, Sharon Friel, Libby Hattersley, W Snowdon, A -M Thow, T Lobstein, D Sanders, S Barquera, S Mohan, C Hawkes, Bridget Kelly, S Kumanyika, M L'Abbe, A Lee, J Ma, J Macmullan, C Monteiro, Bruce Neal, M Rayner, G Sacks, Boyd A. Swinburn, S Vandevijvere, C Walker

Faculty of Social Sciences - Papers (Archive)

The liberalization of international trade and foreign direct investment through multilateral, regional and bilateral agreements has had profound implications for the structure and nature of food systems, and therefore, for the availability, nutritional quality, accessibility, price and promotion of foods in different locations. Public health attention has only relatively recently turned to the links between trade and investment agreements, diets and health, and there is currently no systematic monitoring of this area. This paper reviews the available evidence on the links between trade agreements, food environments and diets from an obesity and non-communicable disease (NCD) perspective. Based on the key …

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The Merrimack, 12 U.S. 317 (1814): Transatlantic Trade And The Transfer Of Property During The War Of 1812, Jeremy Esperon Jan 2013

The Merrimack, 12 U.S. 317 (1814): Transatlantic Trade And The Transfer Of Property During The War Of 1812, Jeremy Esperon

Legal History Publications

A key prong of American strategy during the War of 1812 was to enlist the aid of privateers – private actors licensed by the government to use force against the enemy. Among the ships American privateers seized during the war pursuant to this strategy was the Merrimack, an American-owned vessel returning from Liverpool, England to Baltimore, Maryland carrying on board a cargo of British goods. Her seizure led to the Supreme Court case The Merrimack, 12 U.S. 317 (1814), a seemingly banal case that in fact is a cautionary tale for merchants of one belligerent nation seeking to …

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One World, Many Pathogens!, Kerry O. Britton, Andrew M. Liebhold Jan 2013

One World, Many Pathogens!, Kerry O. Britton, Andrew M. Liebhold

USDA Forest Service / UNL Faculty Publications

Forest insect and pathogen species are expanding their geographical ranges through international trade at a rate that most pest specialists and ecologists find alarming. While many invaders are relatively innocuous, several species have damaging impacts on agricultural and natural resources. Furthermore, some of these non-native pests have had catastrophic impacts on ecosystem functions when they invade native communities in which they have no prior evolutionary history. Examples include the demise of chestnut trees in North America, major losses of elms in Europe and North America, Jarrah dieback in Australia, and the devastating effects of pine wood nematode in Asia. Predicting …

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Changes In Latitudes Call For Changes In Attitudes: Towards Recognition Of A Global Imperative For Stewardship, Not Exploitation In The Arctic, Taylor Simpson-Wood Jan 2013

Changes In Latitudes Call For Changes In Attitudes: Towards Recognition Of A Global Imperative For Stewardship, Not Exploitation In The Arctic, Taylor Simpson-Wood

Faculty Scholarship

No abstract provided.

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The Nature Of Aggregate And Regional Canada-Us Trade (1990-2011), Steven Globerman, Paul Storer Jan 2013

The Nature Of Aggregate And Regional Canada-Us Trade (1990-2011), Steven Globerman, Paul Storer

Border Policy Research Institute Publications

The impact of post-9/11 border security developments on Canada-U.S. trade has been the focus of much attention in recent years. The available evidence suggests that both U.S. exports and imports with Canada grew more slowly after 9/11 than would otherwise have been the case.

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Washington Connecting To Canada: Flow Of Goods, David L. (David Lindsay) Davidson, Ian Faulds Jan 2013

Washington Connecting To Canada: Flow Of Goods, David L. (David Lindsay) Davidson, Ian Faulds

Border Policy Research Institute Publications

There is a dense web of connections between the state of Washington and its northern neighbor, Canada. This article catalogs the transportation modes that connect the two and then explores the way in which goods flow between Washington and Canada across and through those connections. As seen in the sidebar figure, Canada is the 3rd -ranked destination of Washington’s exports and the largest source (by far) of imports. The conveyance of goods between these trade partners is of vital interest to both, so the methods of conveyance deserve some attention. A future issue of the Border Policy Brief will examine …

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Inspection And Seizure Of Seizure Of "Armed And Equipped" Somali Pirates: Lessons From The British And American Anti-Slavery Squadrons (1808-1860), John I. Winn Jan 2013

Inspection And Seizure Of Seizure Of "Armed And Equipped" Somali Pirates: Lessons From The British And American Anti-Slavery Squadrons (1808-1860), John I. Winn

Seattle University Law Review SUpra

No abstract provided.

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Career Guide: Wholesale And Retail Trade Policy Brief (Wrt), Paulynne J. Castillo, Christopher James R. Cabuay Jan 2013

Career Guide: Wholesale And Retail Trade Policy Brief (Wrt), Paulynne J. Castillo, Christopher James R. Cabuay

Angelo King Institute for Economic and Business Studies (AKI)

The WRT industry is a leading employer in the Philippines, with an annual average of 18-19% of total Philippine employment from 2006-2010. It contributed an average of 16.85% annually to the country’s gross domestic product, 2006- 2009. The wholesale subsector’s share was an average of 3.98% annually, while the retail subsector’s was an average of 12.87% annually. WRT is poised to continuously support the country’s bid to sustain economic growth and be a dominant force in the labor market.

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Mapping The Law Of Wto Accession, Steve Charnovitz Jan 2013

Mapping The Law Of Wto Accession, Steve Charnovitz

GW Law Faculty Publications & Other Works

The member countries of the World Trade Organization (WTO) joined either as original members or through the Article XII accession process. To date, over 20 members have joined through accession including most notably China in 2001. Recently, Vietnam completed its accession negotiations and Russia made do so sometime in 2007. Governments joining the WTO through accession have to abide by WTO rules, as all members do, but applicant governments are also often asked to accept individualized rules tailored for them through negotiations. These special rules have not received extensive examination in previous scholarship. The purpose of this article is to …

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