Itens para a visualização no momento 1-8 of 8

    • Fracking, China and the Global Economy 

      Ferreira, Pedro Cavalcanti; Trejos, Alberto
      2016-05-04
      We develop an intertemporal model of the international economy, where tradeable intermediate goods are produced with capital, labor and hydrocarbons, and used in the production of non-tradeable consumption and investment ...
    • Gains from trade and measured total factor productivity 

      Ferreira, Pedro Cavalcanti; Trejos, Alberto
      2010-05-31
      We develop and calibrate a model where diferences in factor en-dowments lead countries to trade di¤erent goods, so that the existence of international trade changes the sectorial composition of output from one country to ...
    • Measuring the TFP costs of barriers to trade 

      Ferreira, Pedro Cavalcanti; Trejos, Alberto
      2006-06-02
    • On the growth effects of barriers to trade 

      Trejos, Alberto; Ferreira, Pedro Cavalcanti
      1999-09-22
      We study the macroeconomic effects of international trade policy by integrating a Hecksher-Ohlin trade model into an optimal-growth framework. The model predicts that an open economy will have higher factor productivity ...
    • On the long run effects of barriers to trade 

      Ferreira, Pedro Cavalcanti; Trejos, Alberto
      2001-10-17
      We study the macroeconomic effects of international trade policy by integrating a Hecksher-Ohlin trade model into an optimal-growth framework. The model predicts that a more open economy will have higher factor productivity. ...
    • On the output effects of barriers to trade 

      Ferreira, Pedro Cavalcanti; Trejos, Alberto
      2006-11
      We study the macroeconomic effects of international trade policy by integrating a Hecksher-Ohlin trade model into an optimal-growth framework. The model predicts that a more open economy will have higher factor productivity. ...
    • Toward a theory of international currency : a step further 

      Trejos, Alberto
      1995-09-06
      We generalize the two-country, two-currency model of Matsuyama, Kiyotaki and Matsui to resolve two 'shortcomings' in their approach. First, we endogenize prices and excb.ange rates. Second, we introduce monetary policy. ...
    • Trade in intermediate goods and total factor productivity 

      Trejos, Alberto; Ferreira, Pedro Cavalcanti
      2008-05-09
      We develop and calibrate a model where differences in factor endowments lead countries to trade intermediate goods, and gains from trade reflect in total factor productivity. We perform several output and growth decompositions, ...