Showing 1 - 10 of 108
This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of … interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the … with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …
Persistent link: https://www.econbiz.de/10005181615
In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing … country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …-voter’s preferred reliance on tariffs versus income taxes in order to effect the desired redistribution. Using data from 44 countries we …
Persistent link: https://www.econbiz.de/10005196297
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10013043592
the public monopsony. Political support for liberalisation may therefore be limited. …
Persistent link: https://www.econbiz.de/10005181317
advocacy of market liberalisation and the protection of nationals’ interests. Likewise, we review the still very scarce … on the analysis of privatisation and liberalisation in the utilities sectors. …
Persistent link: https://www.econbiz.de/10005196308
and economic liberalization affect governments’ respect for human rights using a panel of 106 countries over the 1981 …
Persistent link: https://www.econbiz.de/10008727302
of worker. Our analysis reveals that the effects of a liberalization on human capital ac-cumulation, income and … inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … decreases and the liberalization path has stochastic dominance over the Baseline-As-Usual. These results are very robust to our …
Persistent link: https://www.econbiz.de/10010736743
This paper reports on experiments testing the viability of markets for cheap talk information. We find that the poor quality of the information transmitted leads to a collapse of information markets. The reasons for this are surprising given the previous experimental results on cheap-talk games....
Persistent link: https://www.econbiz.de/10012917514
and a terms of trade externality. It is larger the higher the dispersion of firm-level productivities, and the bigger the … country's relative size or relative average productivity. Furthermore, in the two-country Nash equilibrium, tariffs turn out … to be strategic substitutes. Small or poor economies set lower Nash tariffs than large or rich ones. Lower transportation …
Persistent link: https://www.econbiz.de/10013124179
adjustment dynamics that follow the use of tariffs. We show that countries that limit trade in capital goods can experience … differ in basic structural parameters and may impose tariffs on imports of capital goods. Numerical experiments illustrate … region that applies tariffs. Substantial differences in the levels of innovation, consumption, output, and utility can appear …
Persistent link: https://www.econbiz.de/10013125689