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This paper analyzes frameworks for the design of the rules for international trading, assuming that it is possible to have some rule of law. In the Arrow-Debreu benchmark, where there is no economic power and political power is seemingly irrelevant, there is no need for trade agreements - free...
Persistent link: https://www.econbiz.de/10014576561
This paper investigates the effect of foreign presence on the productivity of manufacturing industries in Ghana, using firm level panel data. We examine both labor and total factor productivity (TFP), which we compute using the Levinsohn and Petrin (2003) methodology. We control for a number of...
Persistent link: https://www.econbiz.de/10005621438
The paper intends to review, summarize and discuss various institutional laws refer to mergers and acquisitions (M&A) in India, and thereby recommend fruitful policy guidelines for institutions and managers participating in foreign investment and acquisition deals. Further, we also show the...
Persistent link: https://www.econbiz.de/10011240209
During the last 50 years with unprecedented population growth and urbanization, economic development, particularly in developing countries failed to generate adequate employment and income opportunities in the modern sector, compelling the surplus labour force to generate its own means of...
Persistent link: https://www.econbiz.de/10011259973
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
The resulting economic integration of industrial processes and manufacturing internationalisation lead several authors to argue that world economy is globalised. In this context, the approach to the divestment concept without an social and económical context, does not show a group of associated...
Persistent link: https://www.econbiz.de/10005621263
The plantain is an important agricultural product worldwide. It is the staple food of millions of people, and represents a source of incomes for farmers participating in the international trade. In Colombia, the exportation plantain is chiefly harvested by small-scale farmers. However, they are...
Persistent link: https://www.econbiz.de/10011110428
This research project examined the metaphors of Globalization and trade in the context of current asymmetries … demonstrated in the empirical part of the article. Metaphors on Globalization and trade were extracted from face-to-face interviews … force in making trade “speakable” and by doing so providing the one particular view on Globalization that hardly leaves any …
Persistent link: https://www.econbiz.de/10011258017
We exploit a natural experiment to study the extent to which popular attitudes toward trade are driven by economic fundamentals. In 2007, Costa Rica put a free trade agreement (FTA) to a national referendum. With a single question on the ballot, 59% of Costa Rican adult citizens cast a vote on...
Persistent link: https://www.econbiz.de/10013210086
In 2005 China provided duty-free access to 190 items from 25 least developed sub-Saharan African (SSA) countries. Three years later duty-free access was extended to 454 items from 31 SSA LDCs. We find no evidence that China's preferential market access program for the least developed sub-Saharan...
Persistent link: https://www.econbiz.de/10010884140