Showing 1 - 10 of 40
We show that grandfathering fishing rights to local users or recognizing first possessions is more dynamically efficient than auctions of such rights. It is often argued that auctions allocate rights to the highest-valued users and thereby maximize resource rents. We counter that rents are not...
Persistent link: https://www.econbiz.de/10013136355
We study how the strength of property rights to individual extractive firms affects a regulator's choice over exploitation rates for a natural resource. The regulator is modeled as an intermediary between current and future resource harvesters, rather than between producers and consumers, as in...
Persistent link: https://www.econbiz.de/10013030066
In official international trade statistics, annual commerce between every pair of countries is reported twice: once by the importing country and once by the exporter. These double reports provide an opportunity for audit. In principle, the two reported trade values should differ systematically...
Persistent link: https://www.econbiz.de/10012983673
This paper provides some evidence of the "export overshooting" phenomenon, i.e., the unusually large deviation of … exports from their long-run level. We study the export trends of a sample of 37 countries including both OECD and non …. Moreover, the extent of export overshooting was increasing in more recent crisis, which can be attributed to an increase in …
Persistent link: https://www.econbiz.de/10013128969
relationship between a country's export mix and its wage (GDP per capita). We show that this non-monotonicity permeates the 1980 … and (2) for the poorest third of countries, changes in export mix substantially over-predict growth in GDP per capita …
Persistent link: https://www.econbiz.de/10013129123
We use data on Chinese manufacturing firms to study the connection between individual firm imports and firm export … of their exports and increased their export scope, though the magnitude of the effects differed by import source, firm … non-OECD countries generated larger firm export improvements, that private Chinese firms derived larger benefits from …
Persistent link: https://www.econbiz.de/10013103048
Industrial policies (IPs) include such varying practices as production subsidies, export subsidies, and import … from 1975 through 2000, this paper examines whether steel-sector IPs have a significant impact on the export … find that a one-standard-deviation increase in IP presence leads to a 3.6% decline in export competitiveness for an average …
Persistent link: https://www.econbiz.de/10013088677
data on bilateral trade in manufactures among 92 countries and to firm-level export data for a much narrower sample shows …
Persistent link: https://www.econbiz.de/10013066573
This paper proposes a proximity-concentration tradeoff in product space as a determinant of horizontal foreign direct investment (FDI). Firms that enter a foreign market by exporting are able to capture consumer surplus from introducing a differentiated product with characteristics that the...
Persistent link: https://www.econbiz.de/10013071518
This paper generalizes the gross exports accounting framework, initially proposed by Koopman, Wang, and Wei (2014) for a country's aggregate exports, to one at the sector, bilateral, and bilateral-sector levels. Such a generalization requires a conceptual distinction between value added exports...
Persistent link: https://www.econbiz.de/10013072571