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

Raff, Horst; Wagner, Joachim - CESifo - 2009

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a fall in output, mark-ups and profits, and the...

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

Geography vs. Institutions at the Village Level

Grimm, Michael; Klasen, Stephan - CESifo - 2008

There is a well-known debate about the roles of geography versus institutions in explaining the long-term development of countries. These debates have usually been based on cross-country regressions where questions about parameter heterogeneity, unobserved heterogeneity, and endogeneity cannot...

Persistent link: https://www.econbiz.de/10005094269

Climate Change, Rice Crops and Violence. Evidence from Indonesia

Caruso, Raul; Petrarca, Ilaria; Ricciuti, Roberto - CESifo - 2014

between increase in minimum temperature and rice crops is suggested by natural science literature. We use Indonesia as a case …

Persistent link: https://www.econbiz.de/10010747225

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