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to study the impact of economic sanctions on international trade in the mining sector, which includes oil and natural gas …. We demonstrate that the gravity equation is well suited to model bilateral trade in mining and find that sanctions have … been effective in impeding mining trade. Our analysis reveals that complete trade sanctions have reduced bilateral mining …
Persistent link: https://www.econbiz.de/10013246911
-intensive, mining booms cause virtually no upward pressure on manufacturing earnings per worker, and both producers of traded and local … goods benefit from mining booms in terms of employment. In contrast, labour-intensive mining booms drive up local …
Persistent link: https://www.econbiz.de/10012892288
curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable …
Persistent link: https://www.econbiz.de/10014239209
. We study whether and where mining is possible in such countries without raising the risk of civil conflict. We proceed in … (planned and unplanned) mining projects in Sierra Leone. A crucial insight is that new mining projects do not necessarily …
Persistent link: https://www.econbiz.de/10014262694
The general-equilibrium effects of performance-related teacher pay include long-term incentive and teacher-sorting mechanisms that usually elude experimental studies but are captured in cross-country comparisons. Combining country-level performance-pay measures with rich PISA-2003 international...
Persistent link: https://www.econbiz.de/10013139418
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10013116042
influential in recent policy discussions. It notes potentially important features of the real- world environment that the standard …
Persistent link: https://www.econbiz.de/10012833728
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012833734
We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world … outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14% …
Persistent link: https://www.econbiz.de/10012834352
The use of tax havens by multinational corporations (MNCs) has attracted increasing attention and scrutiny in recent years. This paper provides an exposition of the academic literature on this topic. It begins with an overview of the basic facts regarding MNCs' use of havens, which are...
Persistent link: https://www.econbiz.de/10012834357