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The Uruguay Round and Trade in Manufactures and Services. General Equilibrium Simulations of Production, Trade and Welfare Effects of Liberalization
Haaland, Jan I. - C.E.P.R. Discussion Papers - 1994
Using a numerical general equilibrium model we examine the possible production, trade and welfare effects of successful implementation of the Uruguay Round results. The model includes trade in manufactures and (some) services among industrial regions and countries; there is imperfect competition...
Persistent link: https://www.econbiz.de/10005124490
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The Weightless Economy in Economic Development
Quah, Danny - C.E.P.R. Discussion Papers - 1999
Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...
Persistent link: https://www.econbiz.de/10005791375
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Internet Security, Vulnerability Disclosure and Software Provision
Choi, Jay-Pil; Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2005
In this paper, we examine how software vulnerabilities affect firms that license software and consumers that purchase … software. In particular, we model three decisions of the firm: (i) an upfront investment in the quality of the software to … software. We also model two decisions of the consumer: (i) whether to purchase the software; and (ii) whether to apply a patch. …
Persistent link: https://www.econbiz.de/10005792060
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The Determinants of Output Per Contributor in Open Source Projects: An Empirical Examination
Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2004
Using a unique dataset we examine empirically which factors explain output per contributor in open source projects. We find that the output per contributor of open source programmes is much higher when licenses are less restrictive. Further examination suggests that the difference in output per...
Persistent link: https://www.econbiz.de/10005124098
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Matching Demand and Supply in a Weightless Economy: Market-Driven Creativity With and Without IPRs
Quah, Danny - C.E.P.R. Discussion Papers - 2002
Many cultural products have the same non-rival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic – societies tolerate monopolistic inefficiency in intellectual property (IP) protection...
Persistent link: https://www.econbiz.de/10005498130
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International Capital Flows and Aggregate Output
von Hagen, Jürgen; Zhang, Haiping - C.E.P.R. Discussion Papers - 2011
We show in a tractable, multi-country OLG model that cross-country differences in financial development explain three recent empirical patterns of international capital flows. International capital mobility affects output in each country directly through the size of domestic investment as well...
Persistent link: https://www.econbiz.de/10009024481
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Services Reform and Manufacturing Performance: Evidence from India
Arnold, Jens; Javorcik, Beata; Lipscomb, Molly; Mattoo, … - C.E.P.R. Discussion Papers - 2010
Conventional explanations for the post-1991 growth of India’s manufacturing sector focus on goods trade liberalization and industrial de-licensing. We demonstrate the powerful contribution of a neglected factor: India’s policy reforms in services. The link between these reforms and the...
Persistent link: https://www.econbiz.de/10008642887
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Compensation for Indirect Expropriation in International Investment Agreements: Implications of National Treatment and Rights to Invest
Aisbett, Emma; Karp, Larry; McAusland, Carol - Research School of Economics, College of Business and … - 2010
International investment agreements in bilateral treaties or free trade agreements allow investors to bring compensation claims when their investments are hurt by new regulations addressing environmental or other social concerns. Compensation rules such as expropriation clauses in international...
Persistent link: https://www.econbiz.de/10008691142
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Supplier Responses to Wal-Mart's Invasion in Mexico
Iacovone, Leonardo; Javorcik, Beata; Keller, Wolfgang; … - C.E.P.R. Discussion Papers - 2011
This paper examines the effect of Wal-Mart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by firm interviews that suggested substantial heterogeneity across firms in how they responded to Wal-Mart's entry, we develop a dynamic industry model in which firms decide whether...
Persistent link: https://www.econbiz.de/10009275963
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Cross-Border and Foreign-Affiliate Sales of Services: Evidence From German Micro-Data
Kelle, Markus; Kleinert, Jörn; Raff, Horst; Toubal, Farid - C.E.P.R. Discussion Papers - 2012
We merge German balance-of-payments and foreign-affiliate-trade statistics to obtain data about trade in commercial services at the firm level. We use these data to study export market participation and the choice of export mode: cross-border versus foreign-affiliate sales. We find that for...
Persistent link: https://www.econbiz.de/10011083635