Showing 1 - 10 of 453
trade. The model shows how such rivalry naturally gives rise to "dumping" of output in foreign markets, and shows that such … dumping can be "reciprocal" -- that is, there may be two-way trade in the same product. Reciprocal dumpingis shown to be … monopoly distortions. Surprisingly,in the case of free entry and Cournot behaviour reciprocal dumping is unanibiuously …
Persistent link: https://www.econbiz.de/10013324586
This paper investigates the relationship between entry, demand, and dumping in the context of a two country Ricardian … model of international trade. Dumping - the export of goods at a price below average cost - can arise in the free trade … dumped good in equilibrium. Interestingly, and in contrast to models of dumping in cyclical downturns, dumping will not occur …
Persistent link: https://www.econbiz.de/10013224948
-developed countries of practising social dumping in the sense of deliberately neglecting work-place safety legislation, co …
Persistent link: https://www.econbiz.de/10013228968
This paper analyzes the impact of foreign direct investment (FDI) on the patterns of cyclical dumping (exporting at a …-realized-productivity country. We derive a simple condition characterizing cyclical dumping -- it occurs when the percentage shortfall of the … realized employment exceeds Lerner's ratio of market power (the inverse of the demand elasticity). Cyclical dumping is more …
Persistent link: https://www.econbiz.de/10013232733
dumping and antidumping activity, with particular emphasis on the evolution of the literature and the most recent …
Persistent link: https://www.econbiz.de/10013015097
inter-related. We show that both can be explained by a cost-based definition of dumping when the domestic government has …
Persistent link: https://www.econbiz.de/10013217200
Using newly assembled data on foreign exchange market intervention, we construct a daily index of exchange market pressure during the 1992-3 crisis in the European Monetary System, allowing us to pinpoint when and where the crisis was most severe. Our analysis focuses on a neglected factor in...
Persistent link: https://www.econbiz.de/10014351705
This paper defines two competing hypotheses on the working of fixed exchange rates. The quot;symmetryquot; hypothesis states that every country is concerned with the good functioning of the system, and cannot afford to deviate from world averages. Every country is just left to follow the rules...
Persistent link: https://www.econbiz.de/10012754653
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US quot;productivity miraclequot; is due to a natural advantage of being located in the US...
Persistent link: https://www.econbiz.de/10012755383
Most observers have concluded that while money markets and government bond markets are rapidly integrating following the introduction of the common currency in the euro area, there is little evidence that a similar integration process is taking place for retail banking. Data on cross-border...
Persistent link: https://www.econbiz.de/10012757853