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Corruption, growth, and the environment : a cross-country analysis
Welsch, Heinz - 2003
-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given … corruption on pollution. The indirect effect via income is positive or negative depending on the income level. If negative, the … corruption. Because this relationship is particularly strong at low income levels, developing countries can considerably improve …
Persistent link: https://www.econbiz.de/10011438821
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Erosion of monopoly power due to the emergence of Linux
Bitzer, Jürgen - 2000
The emergence and market success of Linux in recent years has been impressive. Contrary to common belief, commercial enterprises are active only in the provision of services (including distribution) related to Linux. The emergence of this service market has paved the way for Linux to become a...
Persistent link: https://www.econbiz.de/10011433836
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Ecological labelling and the World Trade Organization
Dröge, Susanne - 2001
Ecological labels are a market-oriented environmental policy instrument which is applied in a rising number of countries. Products have to meet several criteria in order to qualify for a label. Criteria on production processes of goods can potentially conflict with international trade rules....
Persistent link: https://www.econbiz.de/10011434052
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Market size and factor endowment : explaining comparative advantage in bilateral trade by differences in income and per capita income
Schumacher, Dieter - 2001
Using a gravity-type explanation of international trade flows at the industry level, it is shown that the pattern of comparative advantage in terms of sectoral export/import ratios in bilateral trade can be explained by relative income and relative per capita income. Total income of a country is...
Persistent link: https://www.econbiz.de/10011435012
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Lifting the US crude oil export ban : a numerical partial-equilibrium analysis
Langer, Lissy; Huppman, Daniel; Holz, Franziska - 2016
The upheaval in global crude oil markets and the boom in oil production from shale plays in North America have brought scrutiny on the export ban for crude oil in the United States. This paper examines the global flows and strategic refinery adjustments in a spatial, game-theoretic...
Persistent link: https://www.econbiz.de/10011435957
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The state dependent impact of bank exposure on sovereign risk
Podstawski, Maximilian; Velinov, Anton - 2016 - This version: February 11, 2016
The theoretical literature remains inconclusive on whether changes in bank exposure towards the domestic sovereign have an adverse effect on the sovereign risk position via a diabolic loop in the sovereign-bank nexus or reduce perceived default risk by acting as a disciplinary device for the...
Persistent link: https://www.econbiz.de/10011436025
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The integration of international financial markets : an attempt to quantify contagion in an input-output-type analysis
Schumacher, Dieter - 2016
The increasing integration of international financial markets means that credit defaults in one country have to be covered by creditors in other countries. If the principle of creditor liability were applied systematically, the financial losses incurred by the financial institution that provided...
Persistent link: https://www.econbiz.de/10011436058
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Interpreting currency crises : a review of theory, evidence, and issues
Saqib, Omar Farooq - 2002
The main objective of this paper is to understand the causes and symptoms of currency crises by reviewing its seminal literature, establishing its determinants, and outlining some of the relevant issues. The paper highlights the need to comprehend the process, which may lead to the inconsistency...
Persistent link: https://www.econbiz.de/10011436884
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Optimal fiscal policy in an economy facing socio-political instability
Ghate, Chetan; Le, Quan Vu; Zak, Paul J. - 2002
simulations that optimal funding for public investment and the police cause a typical developing economy to expand on a quasi …
Persistent link: https://www.econbiz.de/10011437000
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Terrorism and trade
Nitsch, Volker; Schumacher, Dieter - 2003
This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and largescale violence, we find...
Persistent link: https://www.econbiz.de/10011438571