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NAFTA and drug-related violence in Mexico
Hidalgo, Eduardo; Hornung, Erik; Selaya, Pablo - 2022
We study how NAFTA changed the geography of violence in Mexico. We propose that this open border policy increased …
Persistent link: https://www.econbiz.de/10013384728
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Vertical foreign direct investment : make, sell and (not) buy
Milliou, Chrysovalantou; Sandonís, Joel - 2016
According to conventional wisdom, multinational firms undertake vertical FDI in order to take advantage of cross-border factor cost differences and source the inputs from abroad at better terms. Recent empirical findings though document that this is not always the case. We provide theoretical...
Persistent link: https://www.econbiz.de/10011565578
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The life-cycle dynamics of exporters and multinational firms
Gumpert, Anna; Moxnes, Andreas; Ramondo, Natalia; … - 2017
This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). We present a dynamic model of trade and MNE activity in which the mode of serving a market depends on the well-known proximity-concentration tradeoff. We show that the option of performing MNE...
Persistent link: https://www.econbiz.de/10011757771
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Preferences, rent destruction and multilateral liberalisation : the building block effect of CUSFTA
Ketterer, Tobias; Bernhofen, Daniel M.; Milner, Chris - 2012
the data. Exploring the determinants of Canada's tariff cuts at the 8 digit HS product level, we find that CUSFTA acted as …
Persistent link: https://www.econbiz.de/10009665362
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Putting Canada in the penalty box : trade and welfare effects of eliminating NAFTA
Baier, Scott L.; Bergstrand, Jeffrey H.; Bruno, John P. - 2019
threat President Trump has made if the proposed United States-Mexico-Canada Agreement is not passed by the U.S. Congress. We ….S. withdrawal only). Although all the member countries' standards of living fall, surprisingly the smallest economy, Mexico, is not … the biggest loser; Canada is the biggest loser. Canada's welfare (per capita income) loss of 2.11 percent is nearly two …
Persistent link: https://www.econbiz.de/10012026353
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Corporate tax systems, multinational enterprises, and economic integration
Kind, Hans Jarle; Midelfart-Knarvik, Karen Helene; … - 2004
Multinational firms are known to shift profits and countries are known to compete over shifty profits. Two major principles for corporate taxation are Separate Accounting (SA) and Formula Apportionment (FA). These two principles have very different qualities when it comes to preventing profit...
Persistent link: https://www.econbiz.de/10011450156
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Labour market power and the dynamic gains to openness reforms
Jha, Priyaranjan; Rodríguez López, Antonio; Spencer, … - 2023
We develop a dynamic general equilibrium framework with firm heterogeneity and monopsonistic labour markets, for quantification of the impact of trade and FDI liberalisation episodes. Firms make standard extensive margin investment choices into exporting and multinational statuses. The labour...
Persistent link: https://www.econbiz.de/10013503390
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Trade and industrial policy of transition economies
Gonzales, José Luis Moraga; Viaene, Jean-Marie - 2001
Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...
Persistent link: https://www.econbiz.de/10011398110
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Growth and trade with frictions : a structural estimation framework
Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...
Persistent link: https://www.econbiz.de/10011298529
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The impact of trade liberalization on industrial productivity
Segerstrom, Paul Stephen; Sugita, Yoichi - 2013 - First version: June 22, 2012, Current version: June 28, 2013
This paper calls into question the currently most influential model of international trade. An empirical finding by Trefler (2004, AER) and others that industrial productivity increases more strongly in liberalized industries than in non-liberalized industries has been widely accepted as...
Persistent link: https://www.econbiz.de/10009786088