Similar Search Results

Institutions, trade and development : a quantitative analysis

Beverelli, Cosimo; Keck, Alexander; Larch, Mario; … - 2018

We propose and apply methods to quantify the impact of national institutions on international trade and development. We … are able to identify the direct impact of country-specific institutions on international trade within the structural … gravity framework. Our approach naturally addresses the prominent issue of endogenous institutions. The empirical analysis …

Persistent link: https://www.econbiz.de/10011800710

Delayed participation of developing countries to climate agreements : should action in the EU and US be postponed?

Bosetti, Valentina (contributor); Carraro, Carlo (contributor) - 2008

This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...

Persistent link: https://www.econbiz.de/10003779483

A cross-country empirical analysis of international reserves

Cheung, Yin-Wong; Itō, Hiro - 2009

Using data from more than 100 economies for the period of 1975 to 2005, we conduct an extensive empirical analysis of the determinants of international reserve holdings. Four groups of determinants, namely, traditional macro variables, financial variables, institutional variables, and dummy...

Persistent link: https://www.econbiz.de/10003850507

Modelling economic impacts of alternative international climate policy architectures : a quantitative and comparative assessment of architectures for agreement

Bosetti, Valentina; Carraro, Carlo; Sgobbi, Alessandra; … - 2008

This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...

Persistent link: https://www.econbiz.de/10003763299

Delayed action and uncertain targets : how much will climate policy cost?

Bosetti, Valentina (contributor); Carraro, Carlo (contributor) - 2008

Despite the growing concern about actual on-going climate change, there is little consensus about the scale and timing of actions needed to stabilise the concentrations of greenhouse gases. Many countries are unwilling to implement effective mitigation strategies, at least in the short-term, and...

Persistent link: https://www.econbiz.de/10003751211

Uncertainty in global sourcing : learning, sequential offshoring, and selection patterns

Larch, Mario; Navarro, Leandro - 2022

We analyse firms' sourcing decisions under institutional uncertainty in foreign countries. Firms can reduce their uncertainty by observing offshoring firms' behaviour. The model characterises a sequential offshoring equilibrium path, led by the most productive firms in the market. With multiple...

Persistent link: https://www.econbiz.de/10013419347

Banking permits : economic efficiency and distributional effects

Bosetti, Valentina (contributor); Carraro, Carlo (contributor) - 2008

Persistent link: https://www.econbiz.de/10003635240

The empirics of China's outward direct investment

Cheung, Yin-Wong; Qian, Xingwang - 2009

We investigate the empirical determinants of China's outward direct investment (ODI). It is found that China's investments in developed and developing countries are driven by different sets of factors. Subject to the differences between developed and developing countries, there is evidence that...

Persistent link: https://www.econbiz.de/10003833316

China's current account and exchange rate

Cheung, Yin-Wong; Chinn, Menzie David; Fujii, Eiji - 2009

We examine whether the Chinese exchange rate is misaligned and how Chinese trade flows respond to the exchange rate and to economic activity. We find, first, that the Chinese currency, the renminbi (RMB), is substantially below the value predicted by estimates based upon a cross-country sample,...

Persistent link: https://www.econbiz.de/10003818038

The trade effects of endogenous preferential trade agreements

Egger, Peter; Larch, Mario; Staub, Kevin E.; … - 2010

Recent work by Anderson and van Wincoop (2003) establishes an empirical modelling strategy which takes full account of the structural, non-(log-)linear impact of trade barriers on trade in new trade theory models. Structural new trade theory models have never been used to evaluate and quantify...

Persistent link: https://www.econbiz.de/10008732241