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Food Prices and the Multiplier Effect of Export Policy
Giordani, Paolo E.; Rocha, Nadia; Ruta, Michele - 2021
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …
Persistent link: https://www.econbiz.de/10013315923
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Managing Trade : Evidence from China and the US
Bloom, Nicholas - 2019
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First, better...
Persistent link: https://www.econbiz.de/10012898431
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How Free Trade Can Help Convert the 'Arab Spring' into Permanent Peace and Democracy
Gylfason, Thorvaldur; Martínez-Zarzoso, Inmaculada; … - 2021
Since Jean Monnet conceived the Coal and Steel Community, free trade has successfully prevented serious conflicts in Europe between democratically governed States with market economies. After six countries established the European Community, this principle has been extended successfully to its...
Persistent link: https://www.econbiz.de/10013315891
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Contract Enforcement, Institutions and Social Capital : The Maghribi Traders Reappraised
Edwards, Jeremy; Ogilvie, Sheilagh - 2021
Economists draw important lessons for modern development from the medieval Maghribi traders who, according to Greif, enforced contracts multilaterally through a closed, private-order 'coalition'. We show that this view is untenable. The Maghribis used formal legal mechanisms and entered business...
Persistent link: https://www.econbiz.de/10013316556
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The Political Economy of Sin Taxes
Haavio, Markus - 2009
We analyse the determination of taxes on harmful goods when consumers have self-control problems. We show that under reasonable assumptions, the socially optimal corrective tax exceeds the average distortion caused by self-control problems. Further, we analyse how individuals with self-control...
Persistent link: https://www.econbiz.de/10013159702
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Impact of European Food Safety Border Inspections on Agri-Food Exports : Evidence from Chinese Firms
Beestermöller, Matthias - 2016
the importing country. We examine how the risk of rejection at European borders is affecting Chinese agri-food exporters …
Persistent link: https://www.econbiz.de/10012993696
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Product Quality, Informality, and Child Labour
Fotoniata, Eugenia - 2011
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10013121827
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How Effective are Advertising Bans? On the Demand for Quality in Two-Sided Media Markets
Greiner, Tanja - 2011
We study a two-sided markets model of two competing television stations that offer content of differentiated quality to ad-averse consumers and advertising space to firms. As all consumers prefer high over low quality content, competition for viewers is vertical. By contrast, competition for...
Persistent link: https://www.econbiz.de/10013122127
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Optimal Commodity Taxation with Varying Quality of Goods
Bastani, Spencer - 2016
A standard result in the optimal taxation literature is that, when agents differ in market ability and the government aims at redistributing from high - to low-skilled agents by means of an optimal nonlinear labor income tax and a set of commodity taxes, an optimally designed commodity tax...
Persistent link: https://www.econbiz.de/10013001172
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Hospital Competition and Quality with Regulated Prices
Brekke, Kurt Richard - 2010
We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation costs (increased substitutability) or a higher number...
Persistent link: https://www.econbiz.de/10013152862