Showing 1 - 10 of 273
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …
Persistent link: https://www.econbiz.de/10010281799
We quantify the effect of container technology on transport costs and trade by estimating the modal choice between … containerization and breakbulk shipping using micro-level trade data. The model is motivated by novel facts that relate container usage … trade increase since its inception: a quantitative exercise suggests that Turkish and U.S. maritime exports would have been …
Persistent link: https://www.econbiz.de/10011615866
attitudes towards globalization barriers (trade and immigration) and how important these attitudes are in how people vote. In … more traditional electoral issues, such as trade barriers, work. Focusing on the anti-globalization Swedish Democrats, we … line with the existing results in the literature, we find that more educated and richer voters support freer trade and more …
Persistent link: https://www.econbiz.de/10012657942
agricultural sector on international markets. We show that at the symmetric equilibrium under free trade, restrictions on … when agriculture becomes more specialized. We show in a Ricardian two-country trade setup that production specialization is … incomplete under free trade because of the decrease in land productivity. Pesticides allow farmers to reduce these biodiversity …
Persistent link: https://www.econbiz.de/10011307077
We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a...
Persistent link: https://www.econbiz.de/10010277367
This paper analyses the determinants of short-term inflation expectations based on surveys of professionals, using dynamic cross-country panel estimation for a large number of 34 OECD economies. We find that food consumer price inflation and depreciations of the domestic exchange rate have...
Persistent link: https://www.econbiz.de/10013177519
We study how precipitation has affected food consumer price inflation (CPI), using dynamic panel estimation of food CPI Phillips curves across countries for 34 OECD member and candidate economies from 1985 to 2010 augmented with climate variables. We allow for nonlinear effects of precipitation...
Persistent link: https://www.econbiz.de/10013427747
This paper studies exchange rate pass-through to food and energy consumer price inflation and its dependence on the inflation environment using cross-country panel estimation of Phillips curves. It considers a large panel of OECD member and candidate economies with quarterly data from 1994 to...
Persistent link: https://www.econbiz.de/10014290074
Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For instance, 40% of U.S. grain is now used for energy and this share is expected to rise significantly under the current Renewable Fuels Mandate. This paper examines the...
Persistent link: https://www.econbiz.de/10010283922
consequence of heightened informational frictions and information discovery in more globalized and financialized commodity markets. …
Persistent link: https://www.econbiz.de/10012141027