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Inventory Control and Intermediation in Global Supply Chains

Qu, Zhan; Raff, Horst; Schmitt, Nicolas - CESifo - 2015

The paper develops a simple theoretical model of inventory control in global supply chains. It identifies a role for intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable when demand volatility is high. It also...

Persistent link: https://www.econbiz.de/10011210404

Is Medicines Parallel Trade ‘Regulatory Arbitrage’?

Costa-i-Font, Joan - CESifo - 2015

In the European Union, medicines are regulated products subject to both single market (e.g., regional exhaustion of property rights) and country specific health care regulations (e.g., medicines pricing and distribution regulation). This gives rise to parallel trade (PT), a phenomenon that takes...

Persistent link: https://www.econbiz.de/10011274346

The Globalization Paradox Revisited

Schwerhoff, Gregor; Edenhofer, Ottmar - CESifo - 2014

According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital …. Fixed factor taxes have the potential to improve welfare by defusing the globalization trilemma through a reduction in the …

Persistent link: https://www.econbiz.de/10010877683

'Globesity'? The Effects of Globalization on Obesity and Caloric Intake

Costa-i-Font, Joan; Mas, Núria - CESifo - 2014

This study considers the effects of globalization, in its economic and social dimensions, on obesity and caloric intake … globalization and both obesity and caloric intake. A one standard deviation increase in globalization is associated with a 20 … social globalization, and specifically the effects of changes in information flows and social proximity. A one standard …

Persistent link: https://www.econbiz.de/10010948886

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

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

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

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

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

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