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On Types of Trade, Adjustment of Labor, and Welfare Gains During Asymmetric Liberalizations
| Content Provider | Semantic Scholar |
|---|---|
| Author | Kandogan, Yener |
| Copyright Year | 2004 |
| Abstract | This paper modifies the two-industry, two-country Heckscher-Ohlin model with intermediate goods to decompose trade into its horizontal and vertical intra-industry, as well as inter-industry parts. Acknowledging that liberalization affects each type of trade differently, and that changes in each imply labor adjustment of different magnitudes, the paper analyzes the effects of widely observed asymmetries in liberalization policies. The paper concludes with the implications of the model for the liberalization between the East and the West through the Europe Agreements. |
| Starting Page | 51 |
| Ending Page | 70 |
| Page Count | 20 |
| File Format | PDF HTM / HTML |
| DOI | 10.2139/ssrn.404661 |
| Volume Number | 40 |
| Alternate Webpage(s) | https://deepblue.lib.umich.edu/bitstream/handle/2027.42/39954/wp568.pdf;jsessionid=D1247BDFCCAC12F43B6A6EA68424AEF8?sequence=3 |
| Alternate Webpage(s) | https://doi.org/10.2139/ssrn.404661 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |