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Political Regime Change, Economic Reform and Growth Accelerations
Jong-A-Pin, Richard; Haan, Jakob de - CESifo - 2007
Using an improved definition and indicator of growth accelerations, we examine whether political regimes, regime changes, and economic reform are related to growth accelerations. Our results show that economic growth accelerations are preceded by economic reforms. Furthermore, we find that...
Persistent link: https://www.econbiz.de/10005406021
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Deregulation, Entry of Foreign Banks and Bank Efficiency in Australia
Sturm, Jan-Egbert; Williams, Barry - CESifo - 2002
This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency … seems to have increased post-deregulation and the competition resulting from diversity in bank types was important to prompt …
Persistent link: https://www.econbiz.de/10005766073
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A Look Upstream: Electricity Market Restructuring, Risk, Procurement Contracts and Efficiency
Maria, Corrado Di; Lange, Ian A.; Lazarova, Emiliya - CESifo - 2014
This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … plants. On the other hand, we also find that transaction costs may have increased as a consequence of deregulation. …
Persistent link: https://www.econbiz.de/10011099762
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Economic and Political Liberalizations
Giavazzi, Francesco; Tabellini, Guido - CESifo - 2004
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10005766014
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Walk the Line: Conflict, State Capacity and the Political Dynamics of Reform
Jain, Sanjay; Majumdar, Sumon; Mukand, Sharun - CESifo - 2014
This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform’s initial success having a negative impact...
Persistent link: https://www.econbiz.de/10010743449
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Tariff Liberalization and Trade Integration of Emerging Countries
Disdier, Anne-Célia; Fontagné, Lionel Gérard; … - CESifo - 2013
We investigate how tariff liberalization has affected exporting in emerging countries. We use a highly disaggregated bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round and episodes of bilateral liberalization. Our...
Persistent link: https://www.econbiz.de/10010877681
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Union Wage Setting and International Trade
Egger, Hartmut; Etzel, Daniel - CESifo - 2012
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10010877792
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Free Trade Agreements and the Consolidation of Democracy
Liu, Xuepeng; Ornelas, Emanuel - CESifo - 2013
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...
Persistent link: https://www.econbiz.de/10010877928
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Comparative Advantage and Skill-Specific Unemployment
Larch, Mario; Lechthaler, Wolfgang - CESifo - 2009
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment effects of trade liberalization. We show that the...
Persistent link: https://www.econbiz.de/10005013939
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Global Gains from Trade Liberalization
Fan, Haichao; Lai, Edwin L.-C.; Qi, Han Steffan - CESifo - 2012
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a simple user-friendly formula to calculate the global...
Persistent link: https://www.econbiz.de/10010540252