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COVID-19 Outbreak, Social Response, and Early Economic Effects : A Global VAR Analysis of Cross-Country Interdependencies
Milani, Fabio - 2020
This paper studies the social and economic responses to the COVID-19 pandemic in a large sample of countries. I stress, in particular, the importance of countries' interconnections to un-derstand the spread of the virus. I estimate a Global VAR model and exploit a dataset on existing social...
Persistent link: https://www.econbiz.de/10012824578
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Did Trump's Trade War Impact the 2018 Election?
Blanchard, Emily; Bown, Chad P.; Chor, Davin - 2021
We find that Republican candidates lost support in the 2018 congressional election in counties more exposed to trade retaliation, but saw no commensurate electoral gains from US tariff protection. The electoral losses were driven by retaliatory tariffs on agricultural products, and were only...
Persistent link: https://www.econbiz.de/10013315251
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Do China and Russia Undermine US Sanctions? Evidence from DiD and Event Study Estimation
Gutmann, Jerg; Neuenkirch, Matthias; Neumeier, Florian - 2022
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries’ trade with China and Russia increases under US trade … countries. Trade of targets of US sanctions with China declines even more than trade with the US. These general patterns are …
Persistent link: https://www.econbiz.de/10014241320
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Technology Transfer and Early Industrial Development : Evidence from the Sino-Soviet Alliance
Giorcelli, Michela; Li, Bo - 2022
1950 and 1957, the Soviet Union supported the “156 Projects” in China for building technologically advanced industrial …
Persistent link: https://www.econbiz.de/10013306848
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ROC and PRC Approaches to Evaluate Recession Forecasts
Lahiri, Kajal; Yang, Cheng - 2023
We have studied the relationship between Receiver Operating Characteristics (ROC) and Precision-Recall Curve (PRC) both analytically and using a real-life empirical example of yield spread as a predictor of recessions. We show that false alarm rate in ROC and inverted precision in PRC are...
Persistent link: https://www.econbiz.de/10014348182
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Does Economic Policy Uncertainty Encourage Gambling? Evidence from the Chinese Welfare Lottery Market
Xu, Can; Steiner, Andreas; de Haan, Jakob - 2023
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a …
Persistent link: https://www.econbiz.de/10014262034
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Trade with Nominal Rigidities : Understanding the Unemployment and Welfare Effects of the China Shock
Rodriguez-Clare, Andres; Ulate, Mauricio; Vasquez, Jose P. - 2022
empirical literature studying the “China shock.” We find that the China shock leads to average welfare increases in most U …
Persistent link: https://www.econbiz.de/10014244023
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Can Aid Buy Foreign Public Support? Evidence from Chinese Development Finance
Wellner, L; Dreher, Axel; Fuchs, Andreas; Parks, Brad; … - 2022
Bilateral donors use foreign aid to pursue soft power. We test the effectiveness of aid in reaching this goal by leveraging a new dataset on the precise commitment, implementation, and completion dates of Chinese development projects. We use data from the Gallup World Poll for 126 countries over...
Persistent link: https://www.econbiz.de/10013293845
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Globalization for Sale
Blanga-Gubbay, Michael - 2020
We study the role of firms in the political economy of trade agreements. Using detailed information from lobbying reports filed under the Lobbying Disclosure Act, we find that virtually all firms that lobby on free trade agreements (FTAs) support their ratification. Moreover, relative to...
Persistent link: https://www.econbiz.de/10012836007
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Corporate Social Responsibility and Tax Avoidance
Goerke, Laszlo - 2019
We theoretically analyse the relationship between Corporate Social Responsibility (CSR) and tax avoidance of an oligopolistic firm. The firm maximises a weighted sum of profits and a CSR objective which depends on output and the firm's contribution to public good provision, i.e. tax payments....
Persistent link: https://www.econbiz.de/10012892275