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Environmental Impacts of a North American Free Trade Agreement
Grossman, Gene; Krueger, Alan B - C.E.P.R. Discussion Papers - 1992
evidence to assess the relative magnitudes of these three effects as they apply to further trade liberalization in Mexico. We … study the determinants of the industry pattern of US imports from Mexico and of value added by Mexico's maquiladora sector … effect of a North American Free Trade Agreement (NAFTA) on pollution in Mexico. …
Persistent link: https://www.econbiz.de/10005791657
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Common Agency and Coordination: General Theory and Application to Tax Policy
Dixit, Avinash K; Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 1996
We develop a model of common agency with complete information and general preferences with non-transferable utility, and prove that the principals’ Nash equilibrium in truthful strategies implements an efficient action. We apply this theory to construct a positive model of public finance,...
Persistent link: https://www.econbiz.de/10005136565
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Economic and Politico-Economic Equivalence
Gonzalez-Eiras, Martin; Niepelt, Dirk - C.E.P.R. Discussion Papers - 2012
We extend "economic equivalence" results, like the Ricardian equivalence proposition, to the political sphere where policy is chosen sequentially. We derive conditions under which a policy regime (summarizing admissible policy choices in every period) and a state are "politico-economically...
Persistent link: https://www.econbiz.de/10011083537
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Optimal Taxation with Rent-Seeking
Rothschild, Casey; Scheuer, Florian - C.E.P.R. Discussion Papers - 2014
We develop a framework for optimal taxation when agents can earn their income both in traditional activities, where private and social products coincide, and in rent-seeking activities, where private returns exceed social returns either because they involve the capture of pre-existing rents or...
Persistent link: https://www.econbiz.de/10011084719
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The Choice and Timing of Foreign Market Entry under Uncertainty
Pennings, Enrico; Sleuwaegen, Leo - C.E.P.R. Discussion Papers - 2000
This paper sheds new light on why timing and entry mode should be considered simultaneously. We derive the profit levels at which it is optimal to switch from exporting to setting up a wholly owned subsidiary, creating a joint venture, or licensing production to a local firm. The preferred entry...
Persistent link: https://www.econbiz.de/10005792542
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Customs Union, Tariff Reform and Trade in Differentiated Products
Venables, Anthony J - C.E.P.R. Discussion Papers - 1985
The paper analyses tax and tariff policy for trade between economies which each contain a monopolistically competitive industry producing differentiated products. The consequences of tax changes by a single country are examined, and the general desirability of taxing imports more heavily than...
Persistent link: https://www.econbiz.de/10005662246
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Evaluating Tax Policy for Location Decisions
Devereux, Michael P.; Griffith, Rachel - C.E.P.R. Discussion Papers - 2002
We consider the impact of taxation when investors face a discrete choice between two or more mutually exclusive projects; in particular we consider the location choice of multinationals. Such choices depend on an effective average tax rate. We propose a precise measure of this rate, which is...
Persistent link: https://www.econbiz.de/10005791911
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Minimum Wages and Earnings Inequality in Urban Mexico
Bosch, Mariano; Manacorda, Marco - C.E.P.R. Discussion Papers - 2010
This paper analyzes the contribution of the minimum wage to the well documented rise in earnings inequality in Mexico …
Persistent link: https://www.econbiz.de/10008527529
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Globalization, De-Industrialization and Mexican Exceptionalism 1750-1879
Galvarriato, Aurora Gómez; Gonzales, Rafael Dobado; … - C.E.P.R. Discussion Papers - 2007
Like the rest of the poor periphery, Mexico had to deal with de-industrialization forces between 1750 and 1913, those … such huge dimensions. Yet, from independence to mid-century Mexico did better on this score than did most countries around …, and to those attributable to domestic forces specific to Mexico. It uses a neo-Ricardian model (with non …
Persistent link: https://www.econbiz.de/10005123574
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The Macroeconomics of the Mexican Crisis: A Simple Two-period Model
Irwin, Gregor; Vines, David - C.E.P.R. Discussion Papers - 1995
government might be tempted to devalue. In Mexico it would also appear that the costs and benefits of maintaining the regime were …
Persistent link: https://www.econbiz.de/10005123925