Download or read book Three Essays on Trade Tasks and Technology written by Eric C. Carlson and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, economists have become increasingly concerned with the economic effects of automation. Robots and artificial intelligence have become fixtures of modern production, transforming the landscape of labor markets and reshaping patterns of international trade. This dissertation explores the economic changes brought about by these new technologies.The first essay provides a theoretical framework for understanding how automation in industrialized countries in the global North affects trade with developing countries in the global South. I show that automation can lead trading partners to change the mix of products they export and import. For example, as the stock of automatable capital increases in the global North, rich countries reshore production of traditionally labor-intensive goods. I also show that, in the context of automation, trade restrictions aimed at protecting labor-intensive industries can backfire. This is because trade restrictions protect domestic industries from foreign competition but do not protect domestic workers from competition with machines. Reducing the scale of production through a reduction in the size of the market exacerbates worker-machine competition which reduces the economic welfare of low-skilled workers.The second essay offers empirical support for the reshoring hypothesis. Using an exposure model, I partition the US into disjoint local labor markets which each differ in terms of exposure to automation. Using demographic data from the Census and American Community Survey, data on occupation characteristics from O*NET, and export data from the Census, I find that local labor markets that were historically more exposed to automation experienced larger increases in export growth relative to their otherwise comparable counterparts with lower levels of automation exposure. While this relationship is economically and statistically significant for horizontal trade movements between the US and other rich countries, the effect is largest for vertical trade between the US and lower-middle income countries like China. This suggests that automation has changed traditional patterns of comparative advantage between economies in the global North and those in the global South.The last essay looks at the effect of automation on the gender wage gap. As in the second essay, the unit of analysis is the local labor market. Using labor market data from the Census and automation data from O*NET, I find suggestive evidence that automation has reduced the wage gap between men and women. However, this effect is primarily relegated to the market for skilled labor. I find that the reduction in the pay differentials by gender is concentrated among workers with college degrees and find little change in the gender wage gap among workers without college degrees.

Download or read book Three Essays in International Trade and Uncertainty written by Richard Edward Baldwin and published by . This book was released on 1986 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Trade Growth and Labor Mobility written by Antonio Spilimbergo and published by . This book was released on 1994 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in International Trade written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: By Thomas Chaney.

Download or read book Three Essays in Technology International Trade and Labor written by William L. Koch and published by . This book was released on 2005 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on International Trade and Fragmentation written by Han Qi and published by . This book was released on 2014 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in International Trade written by Yanling Wang and published by . This book was released on 2003 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Trade and Development written by Tereso S. Tullao and published by . This book was released on 1987 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on International Trade written by Vivek Harsha Dehejia and published by . This book was released on 1995 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in International Trade and Investment written by Ting Gao and published by . This book was released on 1998 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in Financial Markets The Bright Side of Financial Derivatives Options Trading and Firm Innovation written by Iván Blanco and published by Ed. Universidad de Cantabria. This book was released on 2019-02-15 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.

Download or read book Three Essays on Trade and Growth written by Jayme, Jr. (Frederico G.) and published by . This book was released on 2001 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Strategic Aspects of International Trade written by Jee-Hyeong Park and published by . This book was released on 1996 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on International Trade written by Chrysostomos Tabakis and published by . This book was released on 2005 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on International Trade Policy and Political Economy written by Inderjit Kohli and published by . This book was released on 1992 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Trade Technology and Economic Growth written by Luis Rivera-Batiz and published by . This book was released on 1992 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in International Trade written by Christian Hepenstrick and published by . This book was released on 2011 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: