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International Trade Aspects of Competition Policy

Nagaoka, Sadao - 1998

Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...

Persistent link: https://www.econbiz.de/10012472092

Protection for Sale with Imperfect Rent Capturing

Facchini, Giovanni - 2005

Structurally estimating the Grossman and Helpman (1994) model using coverage ratios that include non-tariff barriers leads to biased parameter estimates. We develop a "protection for sale" theoretical framework consistent with the data, by explicitly allowing for non-tariff barriers. Introducing...

Persistent link: https://www.econbiz.de/10012467416

How Law and Institutions Shape Financial Contracts : The Case of Bank Loans

Qian, Jun - 2005

We examine empirically how legal origin, creditor rights, property rights, legal formalism, and financial development affect the design of price and non-price terms of bank loans in almost 60 countries. Our results support the law and finance view that private contracts reflect differences in...

Persistent link: https://www.econbiz.de/10012467635

Externalities and Growth

Klenow, Peter J. - 2004

Externalities play a central role in most theories of economic growth. We argue that international externalities, in particular, are essential for explaining a number of empirical regularities about growth and development. Foremost among these is that many countries appear to share a common long...

Persistent link: https://www.econbiz.de/10012467678

Demographic Changes and International Factor Mobility

Helliwell, John F. - 2004

This paper reviews the extent and policy implications of linkages between demographic changes and international factor mobility. Evidence is found of significant demographic effects on both migration and the current account, but for different reasons neither increased migration nor international...

Persistent link: https://www.econbiz.de/10012467742

Fixed Exchange Rates and Trade

Klein, Michael W. - 2004

exchange rate regimes in trade determination since a significant amount of world trade is conducted between countries with …

Persistent link: https://www.econbiz.de/10012467995

Fooling Ourselves : Evaluating the Globalization and Growth Debate

Hallak, Juan Carlos - 2004

This paper evaluates how much of the economics profession has evaluated the evidence on the relationship between international trade and economic growth. The paper highlights the basic approaches to the trade and growth question that the literature has adopted. The case is made that more...

Persistent link: https://www.econbiz.de/10012468449

Consequences of Constitutions

Persson, Torsten - 2003

The paper presents empirical findings regarding the economic policy consequences of constitutional arrangements, in three different dimensions. First, the data are consistent with several theoretical predictions about the consequences of electoral rules and forms of government for fiscal policy...

Persistent link: https://www.econbiz.de/10012468524

Trade, Growth and the Environment

Copeland, Brian R. - 2003

, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade … hampered by the lack of a common language and also suffered from little recourse to economic theory and empirical evidence. The … international trade. We critically review both theory and empirical work to answer three basic questions. What do we know about the …

Persistent link: https://www.econbiz.de/10012468875

Financial Dependence and Growth Revisited

Fisman, Raymond - 2003

In this note, we revisit an earlier, highly influential paper on Financial Dependence and Growth by Rajan and Zingales (1998), by re-examining their assumptions, and the robustness of their results to alternative theories and interpretations. We first show that they may be implicitly testing...

Persistent link: https://www.econbiz.de/10012469117