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Is the Regulation of the Transport Sector Always Detrimental to Consumers?

Behrens, Kristian; Gaigné, Carl; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2007

The aim of this paper is to qualify the claim that regulating a competitive transport sector is always detrimental to consumers. We show indeed that, although transport deregulation is beneficial to consumers as long as the location of economic activity is fixed, this is no longer true when, in...

Persistent link: https://www.econbiz.de/10005791947

Multinationals' Productivity Advantage: Scale or Technology

Girma, Sourafel; Görg, Holger - C.E.P.R. Discussion Papers - 2006

The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components: the technology and scale effect. The second aim is to analyse the causal relationship between foreign ownership and these two components of productivity growth. We do so by...

Persistent link: https://www.econbiz.de/10005123535

A Bargaining Model of Farrell Inefficiency

Haskel, Jonathan; Sanchis, Amparo - C.E.P.R. Discussion Papers - 1998

An enormous number of empirical papers have estimated technical efficiency, the distance of firms inside a frontier, following the model of Farrell (1957). We propose a theory that explains the distance these empirical papers seek to measure. The theory is based on the idea that workers can...

Persistent link: https://www.econbiz.de/10005661534

Net Energy Expenditure and Energy Demand in the UK

Pearce, David; Westoby, Richard - C.E.P.R. Discussion Papers - 1985

This paper examines alternative methods which have been used to measure aggregate energy consumption over time. It is found that many of the measures which have been widely used in empirical studies are not appropriate for economic analysis. The concept of 'useful energy', popular in engineering...

Persistent link: https://www.econbiz.de/10005281317

The International Financial Integration of China and India

Lane, Philip R.; Schmukler, Sergio - C.E.P.R. Discussion Papers - 2006

Three main features characterize the international financial integration of China and India. First, while only having a … small global share of privately-held external assets and liabilities (with the exception of China’s FDI liabilities), these … “short equity, long debt.” Third, China and India have improved their net external positions over the last decade although …

Persistent link: https://www.econbiz.de/10005662395

China's Great Leap: Forward or Backward? Anatomy of a Central Planning Disaster

An, Mark Yuying; Li, Wei; Yang, Dennis Tao - C.E.P.R. Discussion Papers - 2001

The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China …

Persistent link: https://www.econbiz.de/10005789139

Can Production Subsidies Foster Export Activity? Evidence from Chinese Firm Level Data

Girma, Sourafel; Gong, Yundan; Görg, Holger; Yu, Zhihong - C.E.P.R. Discussion Papers - 2007

Using a unique firm level data set from the Chinese manufacturing sector, this paper analyses the impact of production subsidies on firms’ export performance. It documents robust evidence that production subsidies stimulate export activity, although this effect is conditional on firm...

Persistent link: https://www.econbiz.de/10005789202

The Weightless Economy in Economic Development

Quah, Danny - C.E.P.R. Discussion Papers - 1999

development. Evidence from the failed Industrial Revolution in 14th-century China illustrates the empirical relevance of the …

Persistent link: https://www.econbiz.de/10005791375

From Federalism, Chinese Style, to Privatization, Chinese Style

Yuanzheng, Cao; Qian, Yingyi; Weingast, Barry - C.E.P.R. Discussion Papers - 1998

In 1994, China began a profound reform of its state-owned enterprises (SOE). We first describe and characterize this …

Persistent link: https://www.econbiz.de/10005792177

Provincial Protectionism

Sonin, Konstantin - C.E.P.R. Discussion Papers - 2003

federal centre. The theory is supported by the recent experience of Russia, China, and Argentina. …

Persistent link: https://www.econbiz.de/10005792438