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Did US Safeguards Affect Mark-ups of EU Steel Producers?
Vandenbussche, Hylke; Zarnic, Ziga - C.E.P.R. Discussion Papers - 2007
This paper empirically investigates the effects of the US safeguard protection on steel imports in 2002 on the mark …. Using the Roeger methodology, our results show that the protection signifcantly reduced the EU firms' mark-ups. Single … protection resulted in some diverting of the EU steel especially towards China, aggravating the situation on the Chinese steel …
Persistent link: https://www.econbiz.de/10005504206
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Procurement Favouritism and Technology Adoption
Branco, Fernando - C.E.P.R. Discussion Papers - 1999
The design of cost minimizing procurement rules for the selection of contractors among distinct technological groups requires the favouritism of inefficient firms. It is unclear whether these policies provide incentives for inefficient firms to adopt more efficient technologies. In this paper...
Persistent link: https://www.econbiz.de/10005504568
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How Should ‘Protection’ be Evaluated in Art. III GATT Disputes?
Neven, Damien J - C.E.P.R. Discussion Papers - 2000
that protect domestic products. We first observe that the appropriate measure of protection and the level of protection … between domestic and foreign products always lead to substantial protection. Next, we consider a stylized model of trade and … find that the ability to raise price is a robust measure of protection and that protection falls significantly (for a given …
Persistent link: https://www.econbiz.de/10005114478
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A New Approach to Evaluating Trade Policy
Anderson, James E; Neary, J Peter - C.E.P.R. Discussion Papers - 1992
trade protection. The index is a general equilibrium application of the distance function and answers the question: `What …
Persistent link: https://www.econbiz.de/10005792474
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Departure from Free Trade: A Survey
Hillman, Arye L. - C.E.P.R. Discussion Papers - 2003
This Paper surveys the ways in which departures from free trade have been treated in economic analysis. Normative theories linked to classical arguments have shown how departure from free trade can enhance efficiency and increase social welfare. Positive perspectives with links to...
Persistent link: https://www.econbiz.de/10005666913
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Russia's European Economic Integration: Escapism and Realities
Hamilton, Carl B - C.E.P.R. Discussion Papers - 2003
Both Russia and the EU are undertaking significant changes in foreign trade relations. Russia seeks WTO accession and the EU has concluded negotiations enlarging the union with ten new members. Against this background, what economic relationship can EU and Russia develop? The Paper analyses the...
Persistent link: https://www.econbiz.de/10005667019
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India's Trade Policy For Sale: How Much? Who Buys?
Cadot, Olivier; Grether, Jean-Marie; Olarreaga, Marcelo - C.E.P.R. Discussion Papers - 2003
This Paper proposes a new method to test the Grossman-Helpman model of endogenous protection and lobby formation. This … trade protection purposes and calculates equilibrium contributions directly from the model using structural parameter … counter-lobbying from downstream users on endogenous protection. Applied to India, it yields results that are qualitatively …
Persistent link: https://www.econbiz.de/10005661615
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Is the WTO's Article XXIV Bad?
Mrázová, Monika; Vines, David; Zissimos, Ben - C.E.P.R. Discussion Papers - 2009
This paper shows that the WTO's Article XXIV increases the likelihood of free trade, but may worsen world welfare when free trade is not reached and customs unions (CUs) form. We consider a model of many countries. Article XXIV prevents a CU from raising its common external tariff, which makes...
Persistent link: https://www.econbiz.de/10005661757
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Cartels, Contracts and Centralization: The Transition to Futures Trading for Primary Commodities
Haskel, Jonathan - C.E.P.R. Discussion Papers - 1995
Trading in futures markets has grown substantially for many commodities. At the same time the power of many dominant producers has weakened and core prices have tended to fall towards those on the fringe. Existing cartel/fringe models fail to explain the difference between core and fringe prices...
Persistent link: https://www.econbiz.de/10005504245
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The Internal Economics of a University - Evidence from Personnel Data
Haeck, Catherine; Verboven, Frank - C.E.P.R. Discussion Papers - 2010
Based on a rich personnel data set of a large university we find strong evidence for the existence of an internal labor market. First, the lowest academic rank is a strong port of entry and the highest rank is a port of exit. Second, wages do not follow external wage developments, since they...
Persistent link: https://www.econbiz.de/10008468561