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Regulation and Barriers to Trade in Telecommunications Services in the European Union
Cave, Martin E. - 2009
Recent advances in telecommunications, particularly using fibre technologies, permit many services based on data …-processing to be performed anywhere in the world. They thus become tradable and subject to the laws of comparative advantage. A good … to create a level playing field between the country's former telecommunications monopolist and foreign competitors and …
Persistent link: https://www.econbiz.de/10013158458
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Price-Dependent Profit Sharing as an Escape from the Bertrand Paradox
Foros, Øystein - 2007
In this paper we show how an upstream firm can prevent destructive competition among downstream firms producing relatively close substitutes by implementing a price-dependent profit-sharing rule. The rule also ensures that the downstream firms undertake investments which benefit the industry in...
Persistent link: https://www.econbiz.de/10012777494
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Gravity Estimation of the Intensive and Extensive Margins of Trade : An Alternative Procedure with Alternative Data
Flam, Harry - 2011
Helpman, Melitz and Rubinstein (2008) derive gravity equations to estimate effects of trade barriers on the intensive and extensive margins of trade. They exploit the frequency of zeros in aggregate bilateral trade data to identify effects on the extensive margin and to obtain controls for firm...
Persistent link: https://www.econbiz.de/10013128040
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The Elasticity of Trade : Estimates and Evidence
Simonovska, Ina - 2011
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10013129252
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Robust Growth Determinants
Doppelhofer, Gernot - 2011
This paper investigates the robustness of determinants of economic growth in the presence of model uncertainty, parameter heterogeneity and outliers. The robust model averaging approach introduced in the paper uses a flexible and parsimonious mixture modeling that allows for fat-tailed errors...
Persistent link: https://www.econbiz.de/10013129859
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Natural Resource Endowment : A Mixed Blessing?
Gylfason, Thorvaldur - 2011
that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
Persistent link: https://www.econbiz.de/10013129862
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W. - 2011
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10013132796
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International Income Inequality : Measuring PPP Bias by Estimating Engel Curves for Food
Almås, Ingvild - 2010
estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is …
Persistent link: https://www.econbiz.de/10013135914
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Membership has Its Privileges - The Effect of Membership in International Organizations on FDI
Dreher, Axel - 2010
We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...
Persistent link: https://www.econbiz.de/10013136347
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Inequality and Happiness : When Perceived Social Mobility and Economic Reality do not Match
Bjørnskov, Christian - 2010
social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find …
Persistent link: https://www.econbiz.de/10013136696