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Preferential Trade Liberalization with Endogenous Cartel Discipline : Implications for Welfare and Optimal Trade Policies
Agnosteva, Delina - 2020
We consider an international cartel whose members interact repeatedly in their own as well as in third-country segmented markets. Cartel discipline-an inverse measure of the degree of competition between firms-is endogenously determined by the cartel's incentive compatibility constraint (ICC),...
Persistent link: https://www.econbiz.de/10012822505
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Foreign Competition and Domestic Innovation : Evidence from U.S. Patents
Autor, David H. - 2019
emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U …
Persistent link: https://www.econbiz.de/10012861408
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Trade Policy Along the Global Value Chain : A Rationale for the Existence of Deep Trade Agreements
Egger, Hartmut; Fischer-Thöne, Christian - 2022
production of sub-stages of the global value chain. In the open economy, the technologically backward country exports …
Persistent link: https://www.econbiz.de/10014240317
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The Role of Non-Discrimination in a World of Discriminatory Preferential Trade Agreements
Saggi, Kamal - 2020
In a three-country model of endogenous trade agreements, we study the implications of the Most Favored Nation Clause (MFN) when countries are free to form discriminatory preferential trade agreements (PTAs). While PTA members discriminate against non-member countries, MFN requires non-members to...
Persistent link: https://www.econbiz.de/10012839848
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China's Overinvestment and International Trade Conflict
Schnabl, Gunther - 2019
sustainability of China's investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant …For a long time, China's impressive growth performance has been driven by investment and high productivity gains. Based … on the recent discussion on possible overcapacities and overinvestment in China, the paper investigates the …
Persistent link: https://www.econbiz.de/10012866404
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International Trade and Stable Resolutions of Resource Disputes
Garfinkel, Michelle R.; Syropoulos, Constantinos - 2022
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...
Persistent link: https://www.econbiz.de/10014243081
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Financial Development and Export Concentration
Unger, Florian - 2023
This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into … increases innovation activity and export shares of larger firms. In contrast, a model variant in which exporters have to finance … production costs instead of investments suggests a negative impact of financial development on export concentration as smaller …
Persistent link: https://www.econbiz.de/10014255423
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Strategic Export Motives and Linking Emission Markets
Antoniou, Fabio; Hatzipanayotou, Panos; Tsakiris, Nikos - 2021
We explore the possibility of achieving a cooperative outcome when governments act non-cooperatively in a strategic environmental policy model where emission permit markets are linked. We introduce a specific distribution scheme of the permit revenues between the exporting countries so as to...
Persistent link: https://www.econbiz.de/10013250035
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On the Relationship between Trade Openness and Government Size
Farhad, Mohammad - 2019
openness is associated with bigger governments if (i) the price volatility of a country's export basket is substantial and (ii … countries (accounting for approximately 96 percent of world population) from 2000-2016 is consistent with this hypothesis …
Persistent link: https://www.econbiz.de/10012861440
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Increasing Resistance to Globalization : The Role of Trade in Tasks
Egger, Hartmut - 2019
Based on empirical evidence from cross-country survey data, we argue that the surge of trade in tasks over the last decades can explain increasing resistance to globalization in industrialized countries. In a traditional trade model of a small open economy, we demonstrate that public education...
Persistent link: https://www.econbiz.de/10012865702