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Direct empirical evidence on whether domestic consumers or foreign exporters bear the burden of a country's import duties is scarce. This paper examines the incidence of U.S. sugar duties using a unique set of high-frequency (weekly, and sometimes daily) data on the landed and the duty-inclusive...
Persistent link: https://www.econbiz.de/10012458030
In this paper we examine exclusion accomplished by a coalition of firms--frequently, a coalition of suppliers and customers--that share the benefits of exclusion. As a particular historical example, we study the Canadian sugar industry of the 1880s, which was controlled by a complex coalition of...
Persistent link: https://www.econbiz.de/10012479805
The recent world energy crisis raises serious questions about the extent to which the United States should increase domestic oil production and develop alternative sources of energy. We examine the energy developments in Brazil as an important experiment. Brazil has reduced its share of imported...
Persistent link: https://www.econbiz.de/10012464277
This paper outlines the salient characteristics of competing models of economic regulation and controls. It then examines the evolution of the American sugar program from 1934 to 1987 in the light of these models. While lobbying and other features of traditional models were clearly important,...
Persistent link: https://www.econbiz.de/10012476562
In economies with a large informal sector firms can increase profits by reducing workers' outside options in that informal sector. We formalize this idea in a simple model of an agricultural economy with plantation owners who lobby the government to enact coercive policies--e.g. the eviction and...
Persistent link: https://www.econbiz.de/10012457708
Persistent link: https://www.econbiz.de/10000749312
Should the national government undertake policies aimed at strengthening the economies of particular localities or regions? Agglomeration economies and human capital spillovers suggest that such policies could enhance welfare. However, the mere existence of agglomeration externalities does not...
Persistent link: https://www.econbiz.de/10003785750
Persistent link: https://www.econbiz.de/10003484246
"Changes in technologies for reproducing and redistributing digital goods (e.g., music, movies, software, books) have dramatically affected profitability of these goods, and raised concerns for future development of socially valuable digital products. However, broader illegitimate distribution...
Persistent link: https://www.econbiz.de/10008738354
"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