Showing 1 - 10 of 37
This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...
Persistent link: https://www.econbiz.de/10004963820
This paper investigates empirically the link between international outsourcing and the skill structure of labour demand in the United Kingdom. It is the first detailed study of this issue for the UK. Outsourcing is calculated using import-use matrices of input-output tables for manufacturing...
Persistent link: https://www.econbiz.de/10004963926
estimate an augmented gravity trade model using maximum likelihood estimation. Besides controlling for standard variables … innovation effects steaming from both importing countries and China. We use a panel dataset representing annual bilateral trade …. We show that trade costs have a negative impact on exports of solar PV components but not WETC. Additionally, we find a …
Persistent link: https://www.econbiz.de/10010603558
The paper compares non-cooperative commodity taxation under the destination and origin principles under a variety of different assumptions about market structure. We consider a model of international duopoly with either quantity or price competition of firms and either segmented or integrated...
Persistent link: https://www.econbiz.de/10005018685
This paper derives a new effect of trade liberalisation on the quality of the environment. We show that in the presence … relative importance of these effects, and hence the overall effect of trade liberalisation on the environment, is affected by … the emission-intensity at the firm level: Aggregate emissions decrease when trade is liberalised if and only if firm …
Persistent link: https://www.econbiz.de/10010896177
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect domestic food prices. Our first results is that export...
Persistent link: https://www.econbiz.de/10010896190
This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an … traditional one with physical capital, such a differential induces a relocation effect which increases with the level of trade … into play. The most significant difference between this world and the traditional one is that, at high levels of trade …
Persistent link: https://www.econbiz.de/10004963612
Recent literature on the workhorse model of intra-industry trade has explored heterogeneous cost structures at the firm … the simplest specifications possible, namely a symmetric two-country intra-industry trade model with fixed export costs …
Persistent link: https://www.econbiz.de/10004963707
This paper presents a simple Chamberlinian agglomeration model which, like the canonical core-periphery (CP) model, contains two agglomerative forces. However, in contrast to that model, the present model is analytically solvable. Moreover, the present model exhibits a 'supercritical pitchfork...
Persistent link: https://www.econbiz.de/10004963901
We analyze non-cooperative commodity taxation in a two-country trade model characterized by monopolistic competition …
Persistent link: https://www.econbiz.de/10004963919