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How Consumer Price Subsidies Affect Nutrition

Kaushal, Neeraj - 2014

We study the effect on nutrition of an exogenous increase in food grain subsidy in rural India resulting from a program … targeting the poor. Our analysis suggests that increase in income resulting from the food price subsidy changed consumption … subsidy to expenditures on non-food items. Estimates of the price effect of food price subsidy on the three measures of …

Persistent link: https://www.econbiz.de/10013063052

Economic and Policy Uncertainty : Export Dynamics and the Value of Agreements

Carballo, Jeronimo - 2018

We examine the interaction of economic and policy uncertainty in a dynamic, heterogeneous firms model. Uncertainty about foreign income, trade protection and their interaction dampens export investment. This can be mitigated by trade agreements, which are particularly valuable in periods of...

Persistent link: https://www.econbiz.de/10012925905

Dumping and Double Crossing : the (In)Effectiveness of Cost-Based Trade Policy Under Incomplete Information

Kolev, Dorbin R.; Prusa, Thomas J. - 2021

We argue that the rise of antidumping protection and the proliferation of voluntary export restraints are fundamentally inter-related. We show that both can be explained by a cost-based definition of dumping when the domestic government has incomplete information about the foreign firm's costs....

Persistent link: https://www.econbiz.de/10013217200

Food Price Spikes, Price Insulation and Poverty

Anderson, Kym - 2015

This paper first considers the impact on world food prices of the changes in restrictions on trade in staple foods during the 2008 world food price crisis. Those changes--reductions in import protection or increases in export restraints--were meant to partially insulate domestic markets from the...

Persistent link: https://www.econbiz.de/10013034873

What Do Voluntary Export Restraints Do?

Krishna, Kala - 2021

This paper has two aims. First, to examine alternative ways of modeling VERS in imperfectly competitive markets. This is important, since the. effects of VERS are sensitive to the models used. Second, to argue that the effects of VERS also depend on whether goods are complements or Substitutes....

Persistent link: https://www.econbiz.de/10013246288

Monetary Rules for Commodity Traders

Catão, Luis - 2012

We develop a dynamic model of a small open economy that trades commodities whose world prices are subject to realistic random fluctuations, and study the implications of monetary policy alternatives. The model is much more flexible than those of previous studies, especially in allowing to...

Persistent link: https://www.econbiz.de/10013097785

Commodity Trade Matters

Fally, Thibault - 2018

Primary commodities are used as inputs into all production processes, yet they account for approximately 16 percent of world trade. Despite their share in trade, we show that the aggregate gains from trade are largely understated if we ignore key features of commodities: low price elasticities...

Persistent link: https://www.econbiz.de/10012911683

An Economic Rationale for the African Scramble : The Commercial Transition and the Commodity Price Boom of 1845-1885

Frankema, Ewout - 2015

This is the first study to present a unified quantitative account of African commodity trade in the long 19th century from the zenith of the Atlantic slave trade (1790s) to the eve of World War II (1939). Drawing evidence from a new dataset on export and import prices, volumes, composition and...

Persistent link: https://www.econbiz.de/10013021885

Commodity Trade and the Carry Trade : A Tale of Two Countries

Ready, Robert C. - 2013

Persistent differences in interest rates across countries account for much of the profitability of currency carry trade strategies. "Commodity currencies'' tend to have high interest rates while low interest rate currencies belong to exporters of finished goods. This pattern arises in a...

Persistent link: https://www.econbiz.de/10013076915

Do Digital Platforms Reduce Moral Hazard? The Case of Uber and Taxis

Liu, Meng - 2018

Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers …

Persistent link: https://www.econbiz.de/10012911461

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