Showing 1 - 10 of 63
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect domestic food prices. Our first results is that export...
Persistent link: https://www.econbiz.de/10010327854
understanding about staying out of each other?s markets. The paper distinguishes among different types of trade costs: ad valorem …, unit, fixed. It is shown that for a sufficient reduction of ad valorem trade costs, a cartel supported by collusion on … unit (fixed) trade costs a price setting cartel is strengthened (unaffected), while a quantity setting one is weakened. …
Persistent link: https://www.econbiz.de/10010276555
Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and …
Persistent link: https://www.econbiz.de/10010276897
accounting for endogeneity. We find, in line with existing research, a positive impact of the quantity of transport …
Persistent link: https://www.econbiz.de/10012158402
The loss of international competitiveness of domestic industries remains a key obstacle to the implementation of effective carbon prices in a world without harmonized climate policies. We analyze countries' non-cooperative choices of emissions taxes under imperfect competition and mobile...
Persistent link: https://www.econbiz.de/10012006574
In this paper, we analyse the effects of a unilateral change in an emissions tax in a model of international trade with heterogeneous firms. We find a positive effect of tighter environmental policy on average productivity in the reforming country through reallocation of labour towards exporting...
Persistent link: https://www.econbiz.de/10012038141
This study suggests another explanation of the missing globalization puzzle typically observed in the empirical gravity models. In contrast to the previous research that focused on aggregated trade flows, we employ the trade flows in manufacturing products broken down by 25 three-digit ISIC...
Persistent link: https://www.econbiz.de/10010264976
This study compares two alternative approaches to estimate parameters in gravity equations. We compare the traditional OLS approach applied to the log-linear form of the gravity model with the Poisson Quasi Maximum Likelihood (PQML) estimation procedure applied to the non-linear multiplicative...
Persistent link: https://www.econbiz.de/10010264979
the simplest specifications possible, namely a symmetric two-country intra-industry trade model with fixed export costs …
Persistent link: https://www.econbiz.de/10010272868
Recent rounds of GATT and later WTO have advocated widespread tariffication, meaning that existing non-tariff barriers be converted into import equivalent tariffs. From an economic point of view, the effects of such tariffication are not entirely clear. The paper presents a general equilibrium...
Persistent link: https://www.econbiz.de/10010274308