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Intra-Industry Adjustment to Import Competition: Theory and Application to the German Clothing Industry
Raff, Horst; Wagner, Joachim - CESifo - 2009
This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a fall in output, mark-ups and profits, and the...
Persistent link: https://www.econbiz.de/10008583633
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The Structure of Worker Compensation in Brazil, with a Comparison to France and the United States
Filho, Naércio Aquino Menezes; Muendler, Marc-Andreas; … - CESifo - 2006
We employ a comprehensive matched employer-employee data set for Brazil to analyze wage determinants and compare … selectivity of Brazilian workers into formal employment. The links between firm performance and wage components in Brazil resemble …
Persistent link: https://www.econbiz.de/10005766015
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The Deepening China Brazil Economic Relationship
Whalley, John; Medianu, Dana - CESifo - 2010
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply … international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil …’s largest export market while Brazil’s export share to the US has halved. The number of bilateral cooperation agreements between …
Persistent link: https://www.econbiz.de/10008833874
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The Extensive Margin of Exporting Products: A Firm-level Analysis
Arkolakis, Costas; Muendler, Marc-Andreas - CESifo - 2010
We use a panel of Brazilian exporters, their products, and destination markets to document a set of regularities for multi-product exporters: (i) few top-selling products account for the bulk of a firm’s exports in a market, (ii) the distribution of exporter scope (the number of products per...
Persistent link: https://www.econbiz.de/10008833907
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International Trade, Factor Mobility and the Persistence of Cultural-Institutional Diversity
Belloc, Marianna; Bowles, Samuel - CESifo - 2009
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10005013942
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Capital Importers Pay More for their Imports
Adam, Antonis; Moutos, Thomas - CESifo - 2012
We examine the effects that a country’s net capital flows have on the (border) prices that a country pays for its imports of goods. Using data from 2000 to 2009 for 11 euro area countries we utilize a pricing-to-market specification to study exporters’ pricing behavior to the rest of the...
Persistent link: https://www.econbiz.de/10009645628
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Globalization and the (Mis)Governance of Nations
Blouin, Arthur; Ghosal, Sayantan; Mukand, Sharun - CESifo - 2012
We analyze whether or not the globalization of capital, ‘disciplines’ governments and improves governance. We … demonstrate that globalization affects governance, by increasing a country’s vulnerability to sudden capital flight. This … ‘golden straitjacket’. However, globalization may also ‘overdiscipline’ governments - resulting in a perverse impact on …
Persistent link: https://www.econbiz.de/10009645630
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Financial Integration, Globalization, and Real Activity
Nicolò, Gianni De; Juvenal, Luciana - CESifo - 2012
distinct impact of financial integration and globalization on several dimensions of real activity. We find that: (a) financial … financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … financial integration and globalization indeed foster countries’ growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10009645640
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Globalization, Economic Freedom and Human Rights
Dreher, Axel; Gassebner, Martin; Siemers, Lars-H. R. - CESifo - 2010
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization …-2004 period. According to our results, physical integrity rights significantly and robustly increase with globalization and …
Persistent link: https://www.econbiz.de/10008727302
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Awards as Signals
Frey, Bruno S.; Neckermann, Susanne - CESifo - 2010
Awards are widespread in all countries and are prevalent both in the public sphere and in the private sector. This paper argues, and empirically supports, that awards serve public functions and economists should take them seriously. Using a unique cross-country data set, we suggest that awards...
Persistent link: https://www.econbiz.de/10008727309