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We collect extensive data on worldwide trade by transportation mode and use this to provide detailed comparisons of the greenhouse gas emissions associated with output versus international transportation of traded goods. International transport is responsible for 33 percent of world-wide...
Persistent link: https://www.econbiz.de/10012461540
milk supply was regularly skimmed and diluted with water, but consumers could not easily determine its quality because dyes …, caramel, and salt were added. To protect consumers, milk inspectors were tasked with enforcing a well-defined MQS. Using city …-level data for the period 1880-1910, we find that milk inspections reduced mortality from waterborne and foodborne diseases by 8 …
Persistent link: https://www.econbiz.de/10013210091
In the mid-19th century, the urban milk supply in the United States was regularly skimmed or diluted with water …, reducing its nutritional value. At the urging of public health experts, cities across the country hired milk inspectors, who … were tasked with collecting and analyzing milk samples with the goal of preventing adulteration and skimming. Using city …
Persistent link: https://www.econbiz.de/10012794647
This paper considers functions of contracting other than the protection of relationship-specific investments and the provision of marginal incentives, and applies the theory to explain variation in the form of compensation of over-the-road truck drivers in the U.S. Specifically, we argue that...
Persistent link: https://www.econbiz.de/10012469856
We show that the negative impact of financial crises on trade is magnified for destinations with longer time-to-ship. A simple model where exporters react to an increase in the probability of default of importers by increasing their export price and decreasing their export volumes to...
Persistent link: https://www.econbiz.de/10012460386
Network planning models, which forecast the profitability of airline schedules, support many critical decisions, including equipment purchase decisions. Network planning models include an itinerary choice model that is used to allocate air total demand in a city pair to different itineraries....
Persistent link: https://www.econbiz.de/10012455950
This paper documents three new stylized facts showing that truckers in Colombia frequently choose to make complex chains of shipments in a single trip before returning home. It then provides a newmodel of optimal trucker trip-chaining with a general geography that is consistent with these facts
Persistent link: https://www.econbiz.de/10014447282
"We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...
Persistent link: https://www.econbiz.de/10011395038
This paper is a brief evaluation of the Eurosystem's monetary-policy regime after its first year, in particular of the extent to which it is similar to inflation targeting as practiced by an increasing number of central banks. I examine the Eurosystem's goals, framework for monetary-policy...
Persistent link: https://www.econbiz.de/10012470926
This paper applies a full-information technique to test for the presence of contagion across the money markets of ERM member countries. We show that whenever it is possible to estimate a model for interdependence, a test for contagion based on a full information technique is more powerful. We...
Persistent link: https://www.econbiz.de/10012470953