The paper presents and estimates a model of the prices of oil and other storable commodities, a model that can be characterized as…
Income per capita in Uganda has doubled in the last 20 years. This remarkable performance has been buoyed by significant aid flows and…
The comparative advantage of a location dictates its industrial structure. Current theoretical models based on this principle do not take a…
Nobody has offered such a comprehensive philosophical approach to trade. Nonetheless, James's approach does not succeed. First, we explore…
The government of Indonesia’s primary development objective is to join the ranks of upper middle-income countries by 2025. If Indonesia…
Professor Taylor and Professor Manzur offer in this volume a selection of published articles by leading scholars which are representative…
International factors, such as the dramatic increase in imports from emerging-market economies, especially China, have been widely blamed…
At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the…
/publications/neighbors-and-evolution-comparative-advantage-nations-evidence-international-knowledge
The literature on knowledge diffusion shows that it decays strongly
with distance. In this paper we document that the probability that
a…
America today continues to confront a competitiveness challenge of too few jobs and too little economic growth. The good news
is there is a…