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Quantifying the extensive margin(s) of trade : the case of uneven European integration
Anderson, James E.; Yotov, Yoto - 2022
and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific … effects of globalization and European integration. We find strong positive effects of globalization and also significant but …
Persistent link: https://www.econbiz.de/10013285497
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The evolution of offshore renminbi trading : 2016 to 2019
Cheung, Yin-Wong; Grimm, Louisa; Westermann, Frank - 2020
We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi trading during this period is different from the one between 2013 and 2016. The geographical diffusion process displayed in the 2016-2019 period, in addition to the previously...
Persistent link: https://www.econbiz.de/10012234514
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The role of global uncertainty in shaping trade flow relations : a cross-country analysis for Europe
Afonso, António; Alves, José; Menescal, Lucas; … - 2024
We examine the effects of World Uncertainty and Geopolitical Risk on Trade flows for 31 European economies between 1995 …
Persistent link: https://www.econbiz.de/10015077831
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Can degrowth overcome the leakage problem of unilateral climate policy?
Larch, Mario; Löning, Markus; Wanner, Joschka - 2017
Unilateral climate policy suffers from carbon leakage, i.e. the (partial) offset of the initial emission reduction by increases in other countries. Different than most typically discussed climate policies, degrowth not only aims at reducing the fossil fuel use in an economy, but rather at a...
Persistent link: https://www.econbiz.de/10011718521
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The economics of investor protection : ISDS versus national treatment : presented at CESifo Area Conference on Global Economy, May 2015
Kohler, Wilhelm; Stähler, Frank - 2016 - Version of February 16, 2016
This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...
Persistent link: https://www.econbiz.de/10011431559
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Reflections on the international coordination of carbon pricing
Parry, Ian W. H. - 2016
The efficiency effects of carbon pricing depend on how it impacts distortions in fossil fuel markets, most notably from local air pollution externalities. By offsetting these distortions, carbon pricing may generate significant net economic benefits, so it is in countries own interests to...
Persistent link: https://www.econbiz.de/10011497937
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The political economy of the international tax transparency agenda in the G20/OECD context
Schuknecht, Ludger; Siegerink, Vincent - 2021
This paper empirically analyses the motives underlying progress in implementing multilateral tax transparency standards. The results point to the protection of domestic special interests as a potential motive behind slower and less rigorous implementation. In particular, jurisdictions with a...
Persistent link: https://www.econbiz.de/10012415416
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Globalisation, competitive governments, and constitutional choice in Europe
Breton, Albert; Ursprung, Heinrich W. - 2002
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...
Persistent link: https://www.econbiz.de/10011408984
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Unbalanced financial globalization
Capelle, Damien; Pellegrino, Bruno - 2023
We examine the impact of the last five decades of financial globalization on world GDP and income distribution, using a … pattern Unbalanced Financial Globalization. We then simulate a counterfactual trajectory of the world economy where the RKO … wedges are fixed at their pre-globalization levels. We find that unbalanced financial globalization led to a worsening of …
Persistent link: https://www.econbiz.de/10014340224
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Cross-border patenting, globalization, and development
LaBelle, Jesse; Martínez-Zarzoso, Inmaculada; … - 2023
We build a stylized model that captures the relationships between cross-border patenting, globalization, and … strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A … gaining more than North post-2000, thus lowering real income inequality in the world. …
Persistent link: https://www.econbiz.de/10014444894