Showing 1 - 10 of 266
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …
Persistent link: https://www.econbiz.de/10009522310
Innovation is part idea generation and part development. We build a model of "innovating-by-doing," whereby ideas come to practitioners. Successful innovation requires that practitioners' ideas be developed through costly effort. Our model nests existing theories of laboratory research and...
Persistent link: https://www.econbiz.de/10012500504
We analyze wartime prosthetic device patents to investigate how demand and procurement policy can shape medical innovation. We use machine learning tools to develop new data describing the aspects of medical and mechanical innovations that are emphasized in patent documents. Our analysis of...
Persistent link: https://www.econbiz.de/10012388245
This paper develops an empirical model of consumer taste in twenty-nine Belgium food industries for the period from … substantial taste heterogeneity in food exports across destination countries. Overall, in the large majority of food exports …
Persistent link: https://www.econbiz.de/10013494393
Persistent link: https://www.econbiz.de/10003630524
Financial inclusion is a key factor for economic growth in most developing countries. This paper examines the relationship between financial inclusion and Gross Domestic Product (GDP) per capita in the Least Developed Countries (LDCs) using panel data for the period 1990-2021. The empirical...
Persistent link: https://www.econbiz.de/10014514949
) to evaluate the effects of vaccinations and variants on the epidemic and macroeconomic outlook. Vaccination plays the …, increasing the volatility of epidemic curves and worsening the macroeconomic outlook. If a more contagious variant emerges after …
Persistent link: https://www.econbiz.de/10012619411
We propose a flexible model of infectious dynamics with a single endogenous state variable and economic choices. We characterize equilibrium, optimal outcomes, static and dynamic externalities, and prove the following: (i) A lockdown generically is followed by policies to stimulate activity....
Persistent link: https://www.econbiz.de/10012388160
, vulnerability, and resilience of the local economy to the shock of the epidemic. Using a battery of proxies for these four concepts …
Persistent link: https://www.econbiz.de/10012231556
This study quantifies the economic impacts of SARS on the four affected Asian economies and the two most affected Chinese regions using synthetic control methods with macroeconomic and remote-sensing nightlight data. For the four affected economies (China, Hong Kong, Taiwan, and Singapore), we...
Persistent link: https://www.econbiz.de/10012312227