Showing 1 - 10 of 155
manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO …. The instruments used include export taxes, price controls, production quotas, and domestic producer and consumer taxes …
Persistent link: https://www.econbiz.de/10010540254
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …, governments respond by imposing export restrictions (subsidies), thus exacerbating the initial shock and soliciting further export …
Persistent link: https://www.econbiz.de/10010542015
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs … formalizes the underlying interaction of risk, fixed export costs and firms’ market entry decisions based on techniques known …
Persistent link: https://www.econbiz.de/10008534023
endogenous, the LNG export benefit can drop by as much as 20-50% relative to the case of exogenous cost. …
Persistent link: https://www.econbiz.de/10011185622
This paper explores the long-run impacts of tax policy in a two-country model of endogenous growth with variable labor supply. We focus on international spillover effects of tax reforms under alternative trade structures. It is shown that if the instantaneous utility function of the...
Persistent link: https://www.econbiz.de/10010877833
This paper deals with a classic development question: how can the process of economic development – transition from stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954) and Rostow (1956) argue that the pace of...
Persistent link: https://www.econbiz.de/10010877851
OPEC members, which lie in the range of 45 to 125 years. For Indonesia, whose share of oil income in GDP has been declining …
Persistent link: https://www.econbiz.de/10010540249
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and …
Persistent link: https://www.econbiz.de/10009224870
Brunnschweiler and Bulte (2008) provide cross-country evidence that the resource curse is a “red herring” once one corrects for endogeneity of resource exports and allows resource abundance affect growth. Their results show that resource exports are no longer significant while the value of...
Persistent link: https://www.econbiz.de/10008596595
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
Persistent link: https://www.econbiz.de/10005765950