Similar Search Results

Long-Run Consequences of Sanctions on Russia

Baqaee, David; Malmberg, Hannes - National Bureau of Economic Research - 2025

This paper examines the long-run economic consequences of Western sanctions on Russia. Using a new framework for balanced growth path analysis, we find that the long-run declines in consumption are significantly larger when capital stocks are allowed to adjust --- 1.4 times larger for Russia and...

Persistent link: https://www.econbiz.de/10015326499

Fighting Communism Supporting Collusion

Galiani, Sebastián; Paz y Miño, José Manuel; … - National Bureau of Economic Research - 2022

We develop a simple model to explain why a powerful importer country like the United States may provide political support for international collusive agreements concerning certain commodities (e.g., coffee). This behavior raises questions due to the fact that an importer country should have...

Persistent link: https://www.econbiz.de/10013334385

A Framework for Geoeconomics

Clayton, Christopher; Maggiori, Matteo; Schreger, Jesse - National Bureau of Economic Research - 2023

Governments use their countries' economic strength from existing financial and trade relationships to achieve geopolitical and economic goals. We refer to this practice as geoeconomics. We build a framework based on three core ingredients: input output linkages, limited contract enforceability,...

Persistent link: https://www.econbiz.de/10014436983

Geopolitics and the World Trading System

Mattoo, Aaditya; Ruta, Michele; Staiger, Robert W. - National Bureau of Economic Research - 2024

Until the beginning of this century, the GATT/WTO system worked. Economic research provided a compelling explanation …. It showed that if governments maximize the well-being of their own countries broadly defined, GATT/WTO principles would … undermined the WTO. A simple transposition of the previous rationalization suggests that geopolitics and trade cooperation are …

Persistent link: https://www.econbiz.de/10015171695

The Economic Approach to Political Borders

Spolaore, Enrico - National Bureau of Economic Research - 2022

This paper overviews theoretical and empirical studies of political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public policies as...

Persistent link: https://www.econbiz.de/10013477293

Why Does the Folk Theorem Do Not Seem to Work When It Is Mostly Needed?

Caro-Burnett, Johann; Galiani, Sebastián; Torrens, Gustavo - National Bureau of Economic Research - 2023

In International Relations the canonical model of inter-estate interactions is a one-shot security competition game. The model has the structure of a prisoners dilemma, which results in an equilibrium with two sources of inefficiency: excessive arming and possibly the destruction associated with...

Persistent link: https://www.econbiz.de/10014322731

Exporting Ideology : The Right and Left of Foreign Influence

Antràs, Pol; Padró i Miquel, Gerard - National Bureau of Economic Research - 2023

We present an economic rationale for countries resorting to foreign influence to export their ideology to other nations. Our model incorporates two fundamental elements: redistribution of the tax burden between capital owners and workers, and international capital mobility. The model highlights...

Persistent link: https://www.econbiz.de/10014322786

Putting Economics Back Into Geoeconomics

Clayton, Christopher; Maggiori, Matteo; Schreger, Jesse - National Bureau of Economic Research - 2025

Geoeconomics is the use of a country's economic strength to exert influence on foreign entities to achieve geopolitical or economic goals. We discuss how concepts of power in the political science and economics literature can be used to guide research on geoeconomics. Economic threats as a form...

Persistent link: https://www.econbiz.de/10015398133

Foreign Competition and Innovation

Helpman, Elhanan - National Bureau of Economic Research - 2023

Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this relationship, I examine a market structure in which a small number of large multi-product oligopolists compete with a large number of small single-product firms in the same...

Persistent link: https://www.econbiz.de/10014436971

Importing the Opioid Crisis? International Trade and Fentanyl Overdoses

Moore, Timothy J.; Olney, William W.; Hansen, Benjamin - National Bureau of Economic Research - 2023

The U.S. opioid crisis is now driven by fentanyl, a powerful synthetic opioid that currently accounts for 90% of all opioid deaths. Fentanyl is smuggled from abroad, with little evidence on how this happens. We show that a substantial amount of fentanyl smuggling occurs via legal trade flows,...

Persistent link: https://www.econbiz.de/10014437016

1
2
3
4
5
6
7
8
Next
Last