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Potentially Harmful International Cooperation on Global Public Good Provision

Buchholz, Wolfgang; Cornes, Richard C.; Rübbelke, Dirk … - 2021

-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome under supply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract … by analyzing incomplete matching agreements in the context of international climate protection. We analyze their effect …

Persistent link: https://www.econbiz.de/10013315882

A general approach to welfare measurement through national income accounting

Asheim, Geir B.; Buchholz, Wolfgang - 2002

We develop a framework for analyzing national income accounting using a revealed welfare approach that is sufficiently general to cover, e.g., both the standard discounted utilitarian and maximin criteria as special cases. We show that the basic welfare properties of comprehensive national...

Persistent link: https://www.econbiz.de/10011513299

International protection of intellectual property

Grossman, Gene M.; Lai, Edwin L.-C. - 2002

We study the incentives that governments have to protect intellectual property in a trading world economy. We consider a world economy with ongoing innovation in two countries that differ in market size and in their capacities for innovation. We associate the strength of IPR protection with the...

Persistent link: https://www.econbiz.de/10001726845

Public Goods and Public Bads

Buchholz, Wolfgang - 2017

In many empirically relevant situations agents in different groups are affected by the provision of a public characteristic in divergent ways: While for one group it represents a public good, it is a public bad for another group. Applying Cornes' and Hartley's (2007) Aggregative Game Approach,...

Persistent link: https://www.econbiz.de/10012955751

Advantageous Leadership in Public Good Provision : The Case of an Endogenous Contribution Technology

Buchholz, Wolfgang - 2017

From the perspective of standard public good theory the total amount of greenhouse gas mitigation (or public good supply in general) will be lower in a leader-follower game than in a simultaneous Nash game so that strategic leadership is disadvantageous for climate policy. We show that this need...

Persistent link: https://www.econbiz.de/10012960481

Labor Policies and Capital Mobility in Theory and in EMU

Bertola, Giuseppe - 2014

“Race-to-the-bottom” deregulation is to be expected when markets operate across the borders of countries that independently choose and enforce labor policies. Less obviously, in pre-crisis EMU reforms of labor market policies were uneven and related to international imbalances. That pattern...

Persistent link: https://www.econbiz.de/10013048889

Finance, Labour, Capital, and International Integration

Bertola, Giuseppe - 2016

Labour incomes depend on structural as well as politico-economic factors, because labour market policies partially remedy the financial market imperfections that make labour income shocks difficult to insure, and have different implications for labour and capital income. This paper illustrates...

Persistent link: https://www.econbiz.de/10012994277

Task Trade between Similar Countries

Grossman, Gene M.; Rossi-Hansberg, Esteban - 2012

The authors propose a theory of task trade between countries that have similar relative factor endowments and technological capabilities but may differ in size. Firms produce differentiated goods by performing a continuum of tasks, each of which generates local spillovers. Tasks can be performed...

Persistent link: https://www.econbiz.de/10012551314

Income Distribution, Product Quality, and International Trade

Fajgelbaum, Pablo; Grossman, Gene M.; Helpman, Elhanan - 2012

The authors develop a framework for studying trade in horizontally and vertically differentiated products. In their model, consumers with heterogeneous incomes and tastes purchase a homogeneous good and make a discrete choice of quality and variety of a differentiated product. The distribution...

Persistent link: https://www.econbiz.de/10012551341

Characterizing the Sustainability Problem in an Exhaustible Resource Model

Mitra, Tapan; Asheim, Geir B.; Buchholz, Wolfgang; … - 2021

The Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion poses the following sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a complete technological characterization of the...

Persistent link: https://www.econbiz.de/10013315930