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Deconstructing the Gains from Trade: Selection of Industries vs. Reallocation of Workers

Bolatto, Stefano; Sbracia, Massimo - Volkswirtschaftliche Fakultät, … - 2014

In a Ricardian model with CES preferences and general distributions of industry efficiencies, the sources of the welfare gains from trade can be precisely decomposed into a selection and a reallocation effect. The former is the change in average efficiency due to the selection of industries that...

Persistent link: https://www.econbiz.de/10011111480

How to apply trade theory to the German unification? Making sense of ‘comparative advantage in nothing’

Thomas, Ziesemer - Volkswirtschaftliche Fakultät, … - 1999

We derive several cases of 'comparative advantage in nothing', which can be relevant for East Germany. The simplest case with little relevance is the HO assumption of identical technologies across regions implanted into the Ricardian model. The second is the case with full employment wages...

Persistent link: https://www.econbiz.de/10011168468

Trade in intermediate goods and the division of labor

Soo, Kwok Tong - Volkswirtschaftliche Fakultät, … - 2014

This paper develops a model of international trade based on the division of labor and comparative advantage. Labor is used to produce traded intermediate inputs which are used in the production of traded final goods. Large countries gain relatively more from comparative advantage than from the...

Persistent link: https://www.econbiz.de/10011114408

Trade and Sectoral Productivity

Fadinger, Harald; Fleiss, Pablo - Volkswirtschaftliche Fakultät, … - 2008

Even though differences in sectoral total factor productivity are at the heart of Ricardian trade theory and many models of growth and development, very little is known about their size and their form. In this paper we try to fill this gap by using a Hybrid-Ricardo-Heckscher-Ohlin trade model...

Persistent link: https://www.econbiz.de/10005789538

Ricardo vs. “Ricardian” Model

Morales Meoqui, Jorge - Volkswirtschaftliche Fakultät, … - 2010

The so-called Ricardian model of contemporary economic textbooks differs significantly from the famous numerical example included in chapter seven of the Principles. The difference is not merely with respect to the definition of the four numbers, but also in terms of underlying proposition,...

Persistent link: https://www.econbiz.de/10008756325

Learning to play by the disclosure rules: accuracy of insider reports in Canada, 1996-2010

Tedds, Lindsay M.; Compton, Ryan; Morrison, Caitlin; … - Volkswirtschaftliche Fakultät, … - 2012

Insiders of Canadian reporting issuers are required to file public reports when they acquire, buy, or sell securities of that reporting issuer. These public reports must be filed using a prescribed form and must be filed within a specific time frame. Failure to file these public reports or...

Persistent link: https://www.econbiz.de/10011109644

FDI Companies and the Indian Company Law: Regulations vs. Disclosures

ISID, Foreign Investments Study Team - Volkswirtschaftliche Fakultät, … - 2014

In India companies with substantial foreign direct investment can register as private companies irrespective of the size of their operation whether in India or abroad. Under the Indian company law private companies can prevent public access to certain critical information on their operations....

Persistent link: https://www.econbiz.de/10011109876

Law, Finance and Development: Further Analyses of Longitudinal Data

Sarkar, Prabirjit; Singh, Ajit - Volkswirtschaftliche Fakultät, … - 2009

This paper analyses a longitudinal dataset on legal protection of shareholders over a 36 year period, 1970-2005 for … shareholder protection is higher in the common law countries (UK and USA) than in the civil law countries (France and Germany) and … whether shareholder protection matters for stock market development in the short and long runs. It also examines the …

Persistent link: https://www.econbiz.de/10011258064

The Impact of the Dodd-Frank Act on Small Banks

Alqatawni, Tahsen - Volkswirtschaftliche Fakultät, … - 2013

The Dodd-Frank Act is single longest bill ever passed by the U.S… The Dodd-Frank Act passed in reply to the latest financial meltdown, which applies to prevent further fraud and abuse in the markets, also geared toward protecting consumers with regulations like keeping borrowers from abusive...

Persistent link: https://www.econbiz.de/10011259888

Ownership Structure and Corporate Control in Bulgaria

Tchipev, Plamen D - Volkswirtschaftliche Fakultät, … - 2001

The paper presents the actual ownership structure of public companies in Bulgaria on the basis of a survey of 104 of the companies traded on the Bulgarian Stock Exchange. It discusses as well the problems of disclosure of ownership information, focusing on the transposition of the EC Large...

Persistent link: https://www.econbiz.de/10011260600