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The Twin Effects of Globalization - Evidence from a Sample of Indian Manufacturing Firms

Daveri, Francesco; Manasse, Paolo; Serra, Danila - CESifo - 2010

with globalization may be twin to each other. We provide statistical evidence of this so far neglected trade-off for a …

Persistent link: https://www.econbiz.de/10008671733

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

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

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

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

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

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

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

Economic Integration and the Optimal Corporate Tax Structure with Heterogeneous Firms

Bauer, Christian Josef; Davies, Ronald B.; Haufler, Andreas - CESifo - 2011

We study the optimal combination of corporate tax rate and tax base in a model of a small open economy with heterogeneous firms. We show that it is optimal for the small country’s government to effectively subsidize capital inputs by granting a tax allowance in excess of the true costs of...

Persistent link: https://www.econbiz.de/10009293490

A Model of Trade with Ricardian Comparative Advantage and Intra-sectoral Firm Heterogeneity

Fan, Haichao; Lai, Edwin L.-C.; Qi, Han Steffan - CESifo - 2011

In this paper, we merge the heterogenous firm trade model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale,...

Persistent link: https://www.econbiz.de/10009364732