Showing 1 - 10 of 83
tariffs ; retaliation ; tariff wars ; heterogeneous firms ; World Trade Organization ; Nash equilibrium …
Persistent link: https://www.econbiz.de/10009130204
This paper argues that the large reduction in corporate tax rates and only gradual widening of tax bases in many countries over the last decades are consistent with tougher international competition for foreign direct investment (FDI). To make this point we develop a model in which governments...
Persistent link: https://www.econbiz.de/10009307961
This paper assesses the role of a larger degree of common language use between the populations of two countries on the so-called extensive product margin of trade. We focus on the overlap of products exported or imported between any pair of countries. The results suggest that the effect of...
Persistent link: https://www.econbiz.de/10010354788
climate policy takes the form of carbon emission taxation and fossil fuel and consumption goods are traded on world markets …
Persistent link: https://www.econbiz.de/10010428830
rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …
Persistent link: https://www.econbiz.de/10010469287
This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is noncompulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...
Persistent link: https://www.econbiz.de/10003299332
We undertake a trade-growth accounting exercise by decomposing data on changes in bilateral international trade flows into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect components (general equilibrium effects). Furthermore,...
Persistent link: https://www.econbiz.de/10011444883
This paper studies the formation of self-enforcing global environmental agreements in a world economy with …
Persistent link: https://www.econbiz.de/10011281297
We build on the latest developments in the structural gravity literature to quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the...
Persistent link: https://www.econbiz.de/10012287974
model of vertical integration in a supplier-producer relationship that is rooted in the property-rights theory to learn …
Persistent link: https://www.econbiz.de/10012533967