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Comparative Advantage, the Rank-size Rule, and Zipf's Law
Hinloopen, Jeroen; Marrewijk, Charles van - Tinbergen Instituut - 2006
Using a comprehensive international trade data set we investigate empirical regularities (known as Zipf’s Law or the …
Persistent link: https://www.econbiz.de/10011256576
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Formula Approaches for Market Access Negotiations
Francois, Joseph; Martin, Will - Tinbergen Instituut - 2002
they willmove towards free trade, while providing some flexibility for trading offreductions in peak tariffs against …
Persistent link: https://www.econbiz.de/10011256896
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Private Interests and Government Policy in a Global World
Jones, Ronald W. - Tinbergen Instituut - 2000
Today’s global world is characterized not only by a high volume ofinternational trade and foreign investment relativeto … national income, but also by a changed composition of that tradetowards a greater fraction of trade in inputs andcapital goods …
Persistent link: https://www.econbiz.de/10011256924
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Preferential Trade Arrangements, Induced Investment, and National Income in a Heckscher-Ohlin-Ramsey Model
Francois, Joseph; Rombout, M. - Tinbergen Instituut - 2000
. This framework is used to explore the long-run generalequilibrium effects of regional integration(preferential trade … in trade, and the implicationsfor changes in long-run (steady-state)national income. The importance of relative country …
Persistent link: https://www.econbiz.de/10011257103
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Middlemen: A Directed Search Equilibrium Approach
Watanabe, Makoto - Tinbergen Instituut - 2012
This paper studies an intermediated market operated by middlemen with high inventory holdings. I present a directed search model in which middlemen are less likely to experience a stockout because they have the advantage of inventory capacity, relative to other sellers. The model explains why...
Persistent link: https://www.econbiz.de/10011255953
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Zipf's Law for Integrated Economies
Bowen, Harry P.; Munandar, Haris; Viaene, Jean-Marie - Tinbergen Instituut - 2005
We first demonstrate that, within a fully integrated economy (FIE) in which there is free mobility of goods and factors, each FIE member's share of total FIE output will equal its shares of the total FIE stock of each productive factor. This equal-share property implies that, if economic...
Persistent link: https://www.econbiz.de/10011256567
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Tax Rates as Strategic Substitutes
Mooij, Ruud A. de; Vrijburg, Hendrik - Tinbergen Instituut - 2012
This paper analytically derives the conditions under which the slope of the tax reaction function is negative in a classical tax competition model. If countries maximize welfare, we show that a negative slope (reflecting strategic substitutability) occurs under relatively mild conditions....
Persistent link: https://www.econbiz.de/10011256822
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Product Heterogeneity, Intangible Barriers and Distance Decay: The Effect of Multiple Dimensions of Distance on Trade across Different Product Categories
Lankhuizen, Maureen B.M.; Graaff, Thomas de; Groot, … - Tinbergen Instituut - 2012
We empirically examine the heterogeneity in the effects of multiple dimensions of distance on trade across detailed … product groups. Using finite mixture modeling on bilateral trade data at the 3-digit SITC level, we endogenously group product … the gravity equation. We find that institutional distance, whether countries belong to the same trade block and especially …
Persistent link: https://www.econbiz.de/10011256864
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Sovereigns, Upstream Capital Flows and Global Imbalances
Alfaro, Laura; Kalemli-Ozcan, Sebnem; Volosovych, Vadym - Tinbergen Instituut - 2011
We decompose capital flows--both debt and equity--into public and private components and study their relationship with productivity growth. This exercise reveals that international capital flows are mainly shaped by government decisions and sovereign to sovereign transactions. Specifically, we...
Persistent link: https://www.econbiz.de/10011256957
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On the Extent of Economic Integration: A Comparison of EU Countries and US States
Bowen, Harry P.; Munandar, Haris; Viaene, Jean-Marie - Tinbergen Instituut - 2010
low trade barriers and with productive factors at least notionally mobile across E.U. countries, is the belief that U …
Persistent link: https://www.econbiz.de/10011257234