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Import liberalization as export destruction? : evidence from the United States

Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2022

How does import protection affect export performance? In trade models with scale economies, import liberalization can reduce industry-level exports by cutting domestic production. We show that this export destruction mechanism reduced US export growth following the permanent normalization of...

Persistent link: https://www.econbiz.de/10012817913

Food for fuel : the effect of U.S. energy policy on Indian poverty

Chakravorty, Ujjayant; Hubert, Marie-Hélène; Ural … - 2012

Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For instance, 40% of U.S. grain is now used for energy and this share is expected to rise significantly under the current Renewable Fuels Mandate. This paper examines the...

Persistent link: https://www.econbiz.de/10009582025

Did the renewable fuel standard shift market expectations of the price of ethanol?

Baumeister, Christiane; Ellwanger, Reinhard; Kilian, Lutz - 2016

It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...

Persistent link: https://www.econbiz.de/10011587532

The location of cross-border mergers & acquisitions in the USA

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - 2015 - First version: October 2014, this version: April 2015

neglected. In this paper we analyze the within country location-target selection of M&As in the USA. Extending Guadalupe (2012 … the USA for the period 1985-2012, we compare location choices of cross-border M&As to that of national M&As. We find that … across the USA than national M&As, and that for both forms of M&As location specific market access in the USA as well as …

Persistent link: https://www.econbiz.de/10010515424

What forces dictate the design of pollution monitoring networks?

Muller, Nicholas Z.; Ruud, Paul Arthur - 2016

The U.S. Environmental Protection Agency (USEPA) maintains networks of pollution monitors for two basic purposes: to check and enforce the attainment of national ambient air quality standards (NAAQS) and to provide useful data for studying pollution and its effects. These purposes imply...

Persistent link: https://www.econbiz.de/10011421576

Income taxes and the mobility of the rich : evidence from US and UK households in Switzerland

Köthenbürger, Marko; Naguib, Costanza; Stettler, Christian - 2023

We provide quasi-experimental evidence on the income tax-induced migration of foreign high-income households living in Switzerland by exploiting the differential tax treatment of UK and US households. While the two groups are similar in terms of non-tax sorting preferences, US households are...

Persistent link: https://www.econbiz.de/10014251885

The dynamics of comparative advantage

Hanson, Gordon H.; Lind, Nelson; Muendler, Marc-Andreas - 2015

This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling of the long-run behavior of comparative advantage. The starting point for our analysis is two strong empirical regularities in international trade that have previously been...

Persistent link: https://www.econbiz.de/10011392498

Migration, knowledge diffusion and the comparative advantage of nations

Bahar, Dany; Rapoport, Hillel - 2016

Do migrants shape the dynamic comparative advantage of their sending and receiving countries? To answer this question we study the drivers of knowledge diffusion by looking at the dynamics of the export basket of countries, with particular focus on migration. The fact that knowledge diffusion...

Persistent link: https://www.econbiz.de/10011432506

Teaching and learning alternatives to a comparative advantage motivation for trade

Self, James K.; Becker, William E. - 2015 - Working draft: January 14, 2015

Introductory economics courses emphasize opportunity cost, comparative advantage and specialization to show the benefits of trade. We assert that this emphasize leads to erroneous student mindset that trade requires specialization based on comparative advantage. We test students who have been...

Persistent link: https://www.econbiz.de/10010490275

Trade flows and trade specialisation : the case of China

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2015

Using annual data for the period 1992 - 2012, this paper examines trade flows between China and its main trade partners in Asia, North America and Europe, and whether increasing trade has led to industrial structural adjustment and changes in China's trade patterns. The analysis is based on both...

Persistent link: https://www.econbiz.de/10010483599

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