Showing 11 - 20 of 1,505
Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing product market competition interact with the strength of...
Persistent link: https://www.econbiz.de/10012459807
This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … highlight key challenges for studying the regulation including the difficulty of finding a suitable control group, variable firm … compliance and regulatory enforcement, as well as the regulation's impact on data observability. The economic literature on the …
Persistent link: https://www.econbiz.de/10013477197
This chapter assesses China's integration into the global trading system by examining areas of international political … with its rapidly increasing trade and the trade policy commitments that China and its trading partners have undertaken as … part of its 2001 WTO accession. With respect to China's exports, we examine data on WTO members' use of antidumping and …
Persistent link: https://www.econbiz.de/10012465303
This paper reviews China's multilateral and preferential trade policies. It reviews the demanding terms of China's WTO …'s regular activities. The analysis concludes that China's trade policies are broadly supportive of a rules based multilateral … discussion then turns to China's regional trade initiatives. China has been extremely active in negotiating these and their …
Persistent link: https://www.econbiz.de/10012465902
We discuss China's stance in the WTO post-accession, noting the many issues with implementation of China's accession … terms by 2007. We evaluate how much benefit China can realistically receive from WTO membership given current problems with … dumping actions against China and trade restrictions against textile and apparel exports. We discuss emerging WTO and non …
Persistent link: https://www.econbiz.de/10012468044
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/10012480618
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/10012457454
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/10012459290
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/10012460124
To date, China has maintained a variety of restrictions on its financial markets. In addition to imposing capital … foreign stock markets, and the amount they can sell. China is unique in that foreigners pay much less than domestic investors …
Persistent link: https://www.econbiz.de/10012471684