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Sequeira, Sandra; Djankov, Simeon - London School of Economics (LSE) - 2013

This paper investigates how corruption affects firrm behavior. Firms can engage in two types of corruption when seeking … a public service: cost-reducing "collusive" corruption and cost increasing "coercive" corruption. Using an original and … corruption by adjusting their shipping and sourcing strategies. "Collusive" corruption is associated with higher usage of the …

Persistent link: https://www.econbiz.de/10010745127

Displacing corruption: evidence from a tariff liberalization program

Sequeira, Sandra - London School of Economics (LSE) - 2013

. The reduction in tariff rates was associated with a significant decline (60%) in bribe payments to customs officials for … tariff evasion on imported goods. This is however partially offset by the displacement of corruption into other firms of … of corruption. I then provide suggestive evidence on how these displacement affects can be economically costly given that …

Persistent link: https://www.econbiz.de/10010745888

Tariffs and corruption: evidence from a tariff liberalization program

Sequeira, Sandra - London School of Economics (LSE) - 2013

goods. The reduction in tariff rates was associated with a significant decline (60%) in bribe payments to customs officials … for tariff evasion. This was however partially offset by the displacement of corruption into more coercive forms of bribe … design of trade and anti-corruption policies. …

Persistent link: https://www.econbiz.de/10011071385

The ASEAN Free Trade Agreement: impact on trade flows and external trade barriers

Calvo-Pardo, Hector; Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2009

Using detailed data on trade and tariffs from 1992-2007, we examine how the ASEAN Free Trade Agreement has affected trade with non-members and external tariffs facing non-members. First, we examine the effect of preferential and external tariff reduction on import growth from ASEAN insiders and...

Persistent link: https://www.econbiz.de/10010745301

Regional trade agreements

Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2009

This paper reviews the theoretical and the empirical literature on regionalism. The formation of regional trade agreements has been, by far, the most popular form of reciprocal trade liberalization in the last fifteen years. The discriminatory character of these agreements has raised three main...

Persistent link: https://www.econbiz.de/10010746650

Sequential exporting

Albornoz, Facundo; Calvo-Pardo, Héctor; Corcos, Gregory; … - London School of Economics (LSE) - 2010

Firms need to incur substantial sunk costs to break in foreign markets, yet many give up exporting shortly after their first experience, which typically involves very small sales. Conversely, other new exporters shoot up their foreign sales and expand to new destinations. We investigate a simple...

Persistent link: https://www.econbiz.de/10011071232

Does regionalism affect trade liberalization towards non-members?

Estevadeordal, Antoni; Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2008

liberalization on external liberalization do not arise in customs unions. Overall, our results suggest that concerns about a negative …

Persistent link: https://www.econbiz.de/10011071273

Trade liberalization and heterogeneous firm models: an evaluation using the Canada - US Free Trade Agreement

Breinlich, Holger; Cuñat, Alejandro - London School of Economics (LSE) - 2010

We examine the qualitative and quantitative predictions of a heterogeneous firm model à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We calibrate our model to the pre-trade liberalization stage, simulate the trade liberalization, and compute the...

Persistent link: https://www.econbiz.de/10011071519

Free trade agreements and the consolidation of democracy

Liu, Xuepeng; Ornelas, Emanuel - London School of Economics (LSE) - 2013

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...

Persistent link: https://www.econbiz.de/10010884636

The division of labor, coordination, and the demand for information processing

Michaels, Guy - London School of Economics (LSE) - 2007

Since Adam Smith’s time, the division of labor in production has increased significantly, while information processing has become an important part of work. This paper examines whether the need to coordinate an increasingly complex division of labor has raised the demand for clerical office...

Persistent link: https://www.econbiz.de/10010745003