Showing 1 - 10 of 573
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
This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...
Persistent link: https://www.econbiz.de/10012271775
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of …-state dispute settlement and argue that the TTIP will have discriminatory effects on at least some third countries. However …, regulatory councils are important ingredients of the deal as they guarantee that the TTIP will indeed influence the setting of …
Persistent link: https://www.econbiz.de/10010469280
Partnership (TTIP) and Trans-Pacific Partnership (TPP) discussions. Using a general equilibrium model, we assess the potential …
Persistent link: https://www.econbiz.de/10011301002
This paper examines the relationship between offshoring activity by U.S. multinational firms and the structure of U.S trade preferences. We combine firm level panel data on U.S. foreign affiliate activity from the U.S. Bureau of Economic Analysis (BEA) with detailed measures of U.S. trade...
Persistent link: https://www.econbiz.de/10009570705
and Investment Partnership (TTIP). We use a multi-country, multi-industry Ricardian trade model with national and … flow elasticities of trade costs and of existing PTAs. We simulate the trade, value added, and welfare effects of the TTIP …
Persistent link: https://www.econbiz.de/10010469287
We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...
Persistent link: https://www.econbiz.de/10008699691
In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...
Persistent link: https://www.econbiz.de/10011397792
This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the threat of revolution. Initially, a ruling elite may be able to use trade policy to maintain political stability. But a world price shock can push the country into a situation...
Persistent link: https://www.econbiz.de/10010485531
This paper develops a new model of trade policy under dictatorship and democratization. The paper makes two contributions. One is to provide a deeper understanding of the relationship between political institutions and economic efficiency by studying the endogenous interaction between the form...
Persistent link: https://www.econbiz.de/10011721779