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Innovation, trade, and finance
Egger, Peter; Keuschnigg, Christian - 2011
may be positive or negative, depending on foreign countries' trade position. -- innovation ; financial development ; R …
Persistent link: https://www.econbiz.de/10009240877
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Quadratic costs, innovation and welfare : the role of technology
Marjit, Sugata; Mishra, Suryaprakash - 2020
In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …
Persistent link: https://www.econbiz.de/10012263851
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Optimal education policies and comparative advantage
Bougheas, Spiros P.; Kneller, Richard; Riezman, Raymond … - 2009
We consider the optimal education policies of a small economy whose government has a limited budget. Initially, the economy is closed and the government chooses its education policy to maximize welfare under autarky. Then the economy trades with the rest of the world. Lastly, the government...
Persistent link: https://www.econbiz.de/10003850137
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Trade agreements
Kowalczyk, Carsten; Riezman, Raymond Glenn - 2009
This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an …
Persistent link: https://www.econbiz.de/10003850514
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The economics of investor protection : ISDS versus national treatment : presented at CESifo Area Conference on Global Economy, May 2015
Kohler, Wilhelm; Stähler, Frank - 2016 - Version of February 16, 2016
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
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Unionized oligopoly, trade liberalization and location choice
Lommerud, Kjell Erik; Meland, Froede; Sørgard, Lars - 2002
In a two-country reciprocal dumping model, with one country unionized, we analyze how wage setting and firm location are influenced by trade liberalization. We show that trade liberalization can induce FDI, which is at odds with conventional theoretical wisdom and cannot happen in a...
Persistent link: https://www.econbiz.de/10011541138
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Growth and welfare under endogenous lifetime
Schneider, Maik T.; Winkler, Ralph - 2017 - This Version: February 2017
We study the role of endogenous healthcare choices by households to extend their expected lifetimes on economic growth and welfare in a decentralized overlapping generations economy with the realistic feature that households' savings are held in annuities. We characterize healthcare spending in...
Persistent link: https://www.econbiz.de/10011611936
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Skilled worker migration and trade : inequality and welfare
Bougheas, Spiros P.; Nelson, Douglas R. - 2010
We develop a two-sector, two-country model where trade is driven by technological differences. Each country is populated by large number of heterogeneous workers distinguished by their level of skills. Given that one country has a technological advantage in the skilled intensive good when we...
Persistent link: https://www.econbiz.de/10008798818
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Technological advance, social fragmentation and welfare
Bosworth, Steven; Snower, Dennis J. - 2021
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012418453
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Heterogeneous technology diffusion and ricardian trade patterns
Kerr, William R. - 2016
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...
Persistent link: https://www.econbiz.de/10011568775