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Debt relief and good governance : new evidence

Freytag, Andreas; Pettersson, Jonatan; Schmied, Julian - 2017

Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief Initiative (MDRI), the World Bank has refrained from this...

Persistent link: https://www.econbiz.de/10011611187

Corporate taxation and the impact of governance, political and economic factors

Gérard, Marcel; Ruiz, Fernando M. M. - 2009

In this paper we first use two international data sets to investigate how governance, political and economic factors influence corporate tax rates. We show that institutional and political factors matter: good governance reduces the tax rate; a parliamentary system, especially a plurality...

Persistent link: https://www.econbiz.de/10003923754

Trade openness, market competition, and inflation : some sectoral evidence from OECD countries

Binici, Mahir; Cheung, Yin-Wong; Lai, Kon-sun - 2011

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account...

Persistent link: https://www.econbiz.de/10009489291

Regional implications of financial market development : credit rationing, trade, and location

Ehrlich, Maximilian von; Seidel, Tobias - 2013

We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...

Persistent link: https://www.econbiz.de/10009690748

Reducing tariffs according to WTO accession rules : the case of Vietnam

Fosse, Henrik Barslund; Raimondos-Møller, Pascalis - 2011

When Vietnam entered WTO in 2007 it was granted an accession period up to 2014. During this period tariffs would have … Vietnam has many state-owned enterprises that do not behave in a profit maximizing way. The model simulations show that the … of income will take place among the poor rural households in Vietnam. We propose other tariff reforms that both raise …

Persistent link: https://www.econbiz.de/10009375252

State-owned enterprises, shirking and trade liberalization

Madanmohan, Ghosh; Whalley, John - 2000

imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much larger impacts …

Persistent link: https://www.econbiz.de/10009781577

Globalization and state capitalism : assessing Vietnam's accession to the WTO

Baccini, Leonardo; Impullitti, Giammario; Malesky, Edmund - 2017

What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...

Persistent link: https://www.econbiz.de/10011717219

FDI inflows and domestic firms : adjustments to new export opportunities

McCaig, Brian; Pavcnik, Nina; Wong, Woan Foong - 2022

domestic ﬁrms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariﬀs on exports from … Vietnam. Tariﬀ reductions led to entry of foreign and private ﬁrms and to employment expansion in formal manufacturing, with …

Persistent link: https://www.econbiz.de/10013473693

Liberalization and stock market co-movement between emerging economies

Beine, Michel (contributor); Candelon, Bertrand (contributor) - 2007

Persistent link: https://www.econbiz.de/10003620171

Competing liberalizations : tariffs and trade in the 21st century

Bureau, Jean-Christophe; Guimbard, Houssein; Jean, … - 2016

This paper proposes a unique overview of trade policies trends since the launch of the Doha Round, based on detailed data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization so far, leading to only a 0.3 percentage point (p.p.) cut...

Persistent link: https://www.econbiz.de/10011496864