Showing 1 - 10 of 193
Stringent Technical Barriers to Trade (TBT) are expected to drive exporters out of the markets imposing these hurdles …. However their impact will vary, with some exporters being able to refocus on TBT-free markets. By matching a database of TBT … the complex effects of restrictive TBT measures on the different margins of trade. We show that the negative effect of TBT …
Persistent link: https://www.econbiz.de/10011522531
The formation of regional production networks (RPNs) is one of the most important drivers of growth in East and Southeast Asia. In view of slowdown in growth and even recession in advanced economies as a result of the adverse impact of the global financial crisis of 2008 and the ongoing European...
Persistent link: https://www.econbiz.de/10011388288
manipulation. We show that certification of private information by a third party may not always be in the interest of the principal … if this certification raises the specter of collusion. …
Persistent link: https://www.econbiz.de/10010328839
Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer …-induced certification acts as an inspection device, seller-induced certification as a signalling device. Seller-induced certification … maximizes the certifier's profit and social welfare. This suggests the general principle that certification is, and should be …
Persistent link: https://www.econbiz.de/10010274805
This paper aims to help policy makers identify how standards can contribute to the effective and cost … discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …-saving technologies. This broad perspective enables us to identify interesting economic dimensions of standards, such as their …
Persistent link: https://www.econbiz.de/10010317054
Economists are increasingly turning to the experimental method as a means to estimate causal effects. By using randomization to identify key treatment effects, theories previously viewed as untestable are now scrutinized, efficacy of public policies are now more easily verified, and stakeholders...
Persistent link: https://www.econbiz.de/10010328709
Average Treatment Effects. The tests allow researchers not only to test for selection on either or both of the treated and …
Persistent link: https://www.econbiz.de/10011657113
Substantial academic interest and public policy debate centers on campaign finance reform. Campaign resources can provide benefits to constituencies if candidates use them to fund the distribution of useful information. On the other hand, voters can potentially be harmed if candidates trade...
Persistent link: https://www.econbiz.de/10010263918
Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real-economy situations the respondents face....
Persistent link: https://www.econbiz.de/10010264153
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with equal endowments, but decreases over time. In a...
Persistent link: https://www.econbiz.de/10010264271