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Innovation and Trade with Heterogeneous Firms

Long, Ngo Van; Raff, Horst; Stähler, Frank - CESifo - 2009

industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ …

Persistent link: https://www.econbiz.de/10008572589

Intra-Industry Adjustment to Import Competition: Theory and Application to the German Clothing Industry

Raff, Horst; Wagner, Joachim - CESifo - 2009

face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …

Persistent link: https://www.econbiz.de/10008583633

Transportation Costs and the Great Divergence

Azarnert, Leonid V. - CESifo - 2014

This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...

Persistent link: https://www.econbiz.de/10010764285

Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study

Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010748306

The Optimal Babel - An Economic Framework for the Analysis of Dynamic Language Rights

Wickström, Bengt-Arne - CESifo - 2010

We analyze various normatively determined distributions of language rights in multilingual settings. A general model for the analysis of language rights over time in a model with overlapping generations is set up. This model is then first used to find efficient allocations of rights in the...

Persistent link: https://www.econbiz.de/10008572524

The Trade and Welfare Effects of Mergers in Space

Egger, Hartmut; Egger, Peter - CESifo - 2008

This paper analyzes the consequences of cross-border mergers in a spatial framework, thereby distinguishing three channels of influence: a price increase due to the elimination of product market competition, an adjustment in plant location which reduces overall transportation cost expenditures,...

Persistent link: https://www.econbiz.de/10005766141

ACE vs. CBIT: Which is Better for Investment and Welfare?

Radulescu, Doina Maria; Stimmelmayr, Michael - CESifo - 2006

This paper analyses the switch to an ACE or to a CBIT type of tax system starting from the present German tax system. We show that in case an ACE type of reform is financed by an increase in the VAT and not in the profit tax, it might be preferred to a CBIT even in the context of an open...

Persistent link: https://www.econbiz.de/10005406307

Natural Volatility, Welfare and Taxation

Posch, Olaf; Wälde, Klaus - CESifo - 2006

volatility. With exogenous sources of fluctuations, a special case of our model, decentralized factor allocation is efficient …. With endogenous fluctuations and growth, decentralized factor allocation is inefficient and (time-invariant) taxes can (de …

Persistent link: https://www.econbiz.de/10005196202

Fiscal Policy and Dutch Disease

Ploeg, Frederick Van der - CESifo - 2011

In this paper we revisit the Dutch disease paying particular attention to the role of specific factors of production and capital stock dynamics. The main insight is that if the natural resource rich windfall is substantial but not large enough for the country to become a rentier, capital goods...

Persistent link: https://www.econbiz.de/10008914280

Coordinating Climate and Trade Policies: Pareto Efficiency and the Role of Border Tax Adjustments

Keen, Michael; Kotsogiannis, Christos - CESifo - 2011

This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distributional...

Persistent link: https://www.econbiz.de/10009147741

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