Showing 1 - 10 of 113
We examine the interaction between goods trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service-sector competition and goods trade supported by econometrics involving imports of 22 OECD countries vis-à-vis 69 exporters. Competition...
Persistent link: https://www.econbiz.de/10005181406
manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO …
Persistent link: https://www.econbiz.de/10010540254
-10. These findings contribute to inform the broader debate on the proper regulation of export policy within the multilateral …
Persistent link: https://www.econbiz.de/10010542015
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs …
Persistent link: https://www.econbiz.de/10008534023
In his seminal paper, Rose (2004) concluded from a gravity-type study of bilateral trade that the GATT/WTO does not … zero trade and leaves room for WTO membership to promote trade at the extensive margin of trade. Relying on a Tobit … estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose’s results seem to indicate. …
Persistent link: https://www.econbiz.de/10005181483
We consider duopolists innovating and producing a good subject to network externalities, so that the reservation price of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub-networks, with increased network valuation of the new product....
Persistent link: https://www.econbiz.de/10005765788
This paper gives an account of events, and explains some systematic reasons of the UMTS auction flop in Switzerland. Apart from general market developments, which could not have been anticipated, we argue that auctiondesign which was introduced in England and adopted in Switzerland and elsewhere...
Persistent link: https://www.econbiz.de/10005766272
The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed...
Persistent link: https://www.econbiz.de/10005094495
In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as well as the bidding behaviour in the auction, and provide...
Persistent link: https://www.econbiz.de/10005051587
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010877646