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local retail market concentration. Overall, we obtain support for the model’s predictions and argue that the observed …
Persistent link: https://www.econbiz.de/10011863627
This paper explores the effect of natural resource dependence on market concentration of imports. Using a new panel … database for importing firms in developing and emerging market economies, the paper shows that higher natural resource … dependence is associated with larger market concentration of imports and with higher tariffs. The effect on the concentration of …
Persistent link: https://www.econbiz.de/10012603189
Persistent link: https://www.econbiz.de/10003635240
As any non-lump-sum tax, corporate income taxation creates distortions in economic choices, reducing its efficiency. This paper reviews some of these domestic and international distortions and their most recent estimates from the economic literature. Distortions originating from income shifting...
Persistent link: https://www.econbiz.de/10003791772
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … is inefficient. This inefficiency is exacerbated by market failure in long run contracts for exploration and development …
Persistent link: https://www.econbiz.de/10009518238
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy … that matches cartel investigations with trade data at the product level. We then estimate the world import price and … higher world import prices and lower quantities during cartel periods, and to induce the establishment of a cartel. The …
Persistent link: https://www.econbiz.de/10012373130
The question of whether and how partial common-ownership links between strategically interacting firms affect firm behavior has been the subject of theoretical inquiry for decades. Since then, consolidation and increasing concentration in the asset-management industry has led to more pronounced...
Persistent link: https://www.econbiz.de/10011800078
This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into a trade model with heterogeneous exporters and endogenous quality choice. The model predicts that financial development increases innovation activity and export shares of larger...
Persistent link: https://www.econbiz.de/10014228271
business lines; there is default clustering in the GI industry; different reinsurance levels also affect the credit risk of …
Persistent link: https://www.econbiz.de/10011497884
It is widely recognized that market failureʺ prevents efficient risk sharing in natural disaster insurance. As a …
Persistent link: https://www.econbiz.de/10003301201