Showing 1 - 10 of 46
Persistent link: https://www.econbiz.de/10001453047
While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a)...
Persistent link: https://www.econbiz.de/10010305986
This paper investigates economic and political determinants of protection across the secondary (manufacturing) sector. Economic factors can be summarized by the infant industry argument and we expect industries which are relatively efficient compared to the rest-of-the-world to have low levels...
Persistent link: https://www.econbiz.de/10010334289
negatively by trade, while the Gini statistic is fueled by the falling labour share and increasing financial payments. Using …
Persistent link: https://www.econbiz.de/10010368155
for adverse effects of regulatory heterogeneity on intra-EU trade in the pre-harmonization period, which questions the …
Persistent link: https://www.econbiz.de/10012099543
of trade flows in environmental goods (EG) on total CO2 and SO2 emissions. Our system-GMM estimations reveal positive … recurrently found to face increased pollution (in particular CO2 emissions) due to direct scale-composition effects of trade in …-induced effects. We show that the direct, indirect and total effects of trade in EGs depend on the country’s net trade status, the EGs …
Persistent link: https://www.econbiz.de/10011816759
the causal connection between lack of exposure to commercial trade and proclivity to sudden stops. On the theoretical … front, the paper shows how exposure to trade raises the creditworthiness of countries and reduces the probability of sudden … trade increases the likelihood of default. A sudden stop takes place when the borrowers reject the amount that lenders want …
Persistent link: https://www.econbiz.de/10010278261
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in … problem that trade is endogenous. Using the gravity instrument for trade openness, which is constructed from geographical … determinants of bilateral trade, this paper finds that openness indeed makes countries less vulnerable, both to severe sudden stops …
Persistent link: https://www.econbiz.de/10010278282
This paper shows how to combine microeconometric evidence on the effects of environmental policy with a macroeconomic model, accounting for general equilibrium spillovers that have mostly been ignored in the literature. To this end, we study the effects of a recent US air pollution policy. We...
Persistent link: https://www.econbiz.de/10014577341
We analyze the United Nations commodities trade database (UN comtrade), comprised of international commodities … exchanges in volume and price with monthly resolution. We introduce a trade impact index to quantify the impact, in terms of …
Persistent link: https://www.econbiz.de/10012419716