Showing 1 - 10 of 93
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …
Persistent link: https://www.econbiz.de/10010540254
We discuss metrics of globalization for individual economies as distance measures between fully integrated and trade … be used to construct country globalization metrics reflecting the distance of economies from full global integration due … to trade barriers, barriers to factor flows, barriers to international financial intermediation, solved technological …
Persistent link: https://www.econbiz.de/10005094373
We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a...
Persistent link: https://www.econbiz.de/10009274520
Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For instance, more than 40% of U.S. grain is now used for energy and this share is expected to rise under the current Renewable Fuels Mandate. This paper examines the distributional...
Persistent link: https://www.econbiz.de/10011123798
In the nineties, average firm size decreased, organisations decentralized, and workers preferences shifted from large to small firms. Our model identifies the economic forces behind this trend. Small firms with little capital at risk are subject to risk-shifting. They realize more of their...
Persistent link: https://www.econbiz.de/10005196208
trade with one of several sellers. Sellers who feel shortchanged can engage in counterproductive behavior to punish the … buyer. We find that the same unfavorable terms of trade trigger significantly less punishment if the buyer uses a … competitive auction to determine the terms of trade than if she uses her authority to dictate the same terms directly. Our results …
Persistent link: https://www.econbiz.de/10010781540
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in …
Persistent link: https://www.econbiz.de/10010718529
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10010718532
rates and calories varied with economic development. During the 19th century, black physical activity and net nutrition … expectancy was not likely due to improved nutrition. Physically active farmers had greater BMRs and received more calories per … day than workers in other occupations. Black diets, nutrition, and calories varied by residence, and rural blacks in the …
Persistent link: https://www.econbiz.de/10010877689
expectancy increased at the same time that nutrition decreased, indicating that the most important source of increased life … expectancy was not improved nutrition. Physically active farmers had greater BMRs and received more calories per day than workers … in other occupations. White diets, nutrition, and calories varied by residence, and whites in the rural Deep South …
Persistent link: https://www.econbiz.de/10010877756