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Market Structure, Technological Gap and Vertical Linkage Effects from Foreign Direct Investment
Kadochnikov, Sergey; Drapkin, Igor M. - 2021
pure monopoly. We extend this model by examining cases of perfect competition and a vertically integrated domestic company … larger are the backward linkage effects. They reach their maximum under perfect competition in the intermediate goods market …
Persistent link: https://www.econbiz.de/10013316575
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Product and Labor Market Deregulation in Unionized Oligopoly with Asymmetric Countries
Egger, Hartmut - 2011
setting, we study the trade and welfare implications of labor market deregulation and compare these implications with the … consequences of product market deregulation. Thereby, we take into account that labor market reforms are subject to national policy … decisions and thus associated with unilateral intervention, while product market deregulation is determined at an international …
Persistent link: https://www.econbiz.de/10013119394
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Knowing the Damages is Not Enough : The General Equilibrium Impacts of Climate Change
Kalkuhl, Matthias - 2016
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...
Persistent link: https://www.econbiz.de/10012992447
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Green Paradox and Directed Technical Change : The Effect of Subsidies to Clean R&D
Daubanes, Julien - 2014
We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the...
Persistent link: https://www.econbiz.de/10013063394
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Macroeconomic Effects of Government Spending Shocks : New Evidence Using Natural Disaster Relief in Korea
Yang, Weonho - 2012
We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...
Persistent link: https://www.econbiz.de/10013100013
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Macroeconomic Effects of Fiscal Adjustment : A Tale of Two Approaches
Yang, Weonho - 2013
We investigate the short-term effects of fiscal adjustment on economic activity in 20 OECD countries from 1970 to 2009. We compare two approaches: the traditional approach based on changes in cyclically adjusted primary balance (CAPB) and the narrative approach based on historical records....
Persistent link: https://www.econbiz.de/10013075620
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The Economic Impact of Non-Communicable Disease in China and India : Estimates, Projections, and Comparisons
Bloom, David E. - 2013
This paper provides estimates of the economic impact of non-communicable diseases (NCDs) in China and India for the period 2012-2030. Our estimates are derived using WHO's EPIC model of economic growth, which focuses on the negative effects of NCDs on labor supply and capital accumulation. We...
Persistent link: https://www.econbiz.de/10013076812
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A Positive Analysis of Targeted Employment Protection Legislation
Dolado, Juan Jose; Jansen, Marcel; Jimeno, Juan F. - 2007
In many countries, Employment Protection Legislation (EPL) establishes less strict dismissal procedures for specific groups of workers. This paper builds a simple matching model with heterogeneous workers in order to analyze this feature of EPL. We use the model to analyze the effects of reforms...
Persistent link: https://www.econbiz.de/10014051630
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The Volatility Curse : Revisiting the Paradox of Plenty
van der Ploeg, Rick - 2013
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...
Persistent link: https://www.econbiz.de/10012753136
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The Engine Immobilizer : A Non-Starter for Car Thieves
van Ours, Jan C. - 2013
We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strengthening victim precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory for all new cars sold within the European Union as of...
Persistent link: https://www.econbiz.de/10013086983