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Deregulation, Consolidation, and Efficiency : Evidence from U.S. Nuclear Power
Davis, Lucas W. - 2011
markets. Deregulation has been accompanied by substantial market consolidation and today the three largest companies control … more than one-third of all U.S. nuclear capacity. We find that deregulation and consolidation are associated with a 10 …
Persistent link: https://www.econbiz.de/10012461317
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Migration-Regime Liberalization and Social Security : Political-Economy Effect
Razin, Assaf - 2009
The pay-as-you-go social security system, increasingly burdened by dwindling labor force, can benefit from immigrants whose birth rates exceed those of the native born birth. The paper examines adynamic political-economy mechanism through which the social security system influences the young...
Persistent link: https://www.econbiz.de/10012463636
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What Drives Deregulation? Economics and Politics of the Relaxation of Bank Branching Restrictions
Kroszner, Randall S. - 1998
This paper examines the key forces behind deregulation in order to assess the relative importance of alternative … theories of regulatory entry and exit. We focus on bank branching deregulation across the states which began a quarter century … ago and cumulated in federal deregulation in 1994. The cross-sectional and time-series variation of branching deregulation …
Persistent link: https://www.econbiz.de/10012472173
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Unilateral Tariff Liberalisation
Baldwin, Richard - 2010
Unilateral tariff liberalisation by developing nations is pervasive but our understanding of it is shallow. This paper strives to partly redress this lacuna on the theory side by introducing three novel political economy mechanisms with particular emphasis is on the role of production...
Persistent link: https://www.econbiz.de/10012462058
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Multi-product Firms and Product Turnover in the Developing World : Evidence from India
Goldberg, Pinelopi K. - 2008
Recent theoretical work predicts that an important margin of adjustment to deregulation or trade reforms is the … dropping. The lack of product dropping is consistent with the role of industrial regulation in India, which, like in many other …
Persistent link: https://www.econbiz.de/10012464518
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Competitive Liberalization and a US-SACU FTA
Whalley, John - 2003
This paper evaluates a possible US-SACU (Southern African Customs Union) free trade agreement as part of a US approach to new preferential trade agreements characterized by the term competitive liberalization.' This is the idea that competition among large countries (US/EU) to negotiate...
Persistent link: https://www.econbiz.de/10012468526
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Trade versus Investment Liberalization
Markusen, James R. - 1997
Despite several theoretical contributions and considerable informal empirical evidence" to the contrary, a notion that trade and investment are substitutes persists in trade policy" analysis. This paper considers the liberalization of commodity trade versus liberalization" allowing direct...
Persistent link: https://www.econbiz.de/10012472580
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Prospects for Liberalizing the International Trading System
Krueger, Anne O. - 1987
This paper analyzes the equilibrium degree of protection as the outcome of the interaction of demands for protection and the demand for a liberal international trading order. It then assesses the current balance. On one hand, the nature of technical progress, the institution of the Uruguay...
Persistent link: https://www.econbiz.de/10012476659
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Open Borders
Kennan, John - 2012
There is a large body of evidence indicating that cross-country differences in income levels are associated with differences in productivity. If workers are much more productive in one country than in another, restrictions on immigration lead to large efficiency losses. The paper quantifies...
Persistent link: https://www.econbiz.de/10012460354
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Politics and Trade Policy
Helpman, Elhanan - 1995
First I describe a number of political economy approaches that have been developed to explain trade policies. All approaches are presented in a unified framework that helps to see the key differences among them. These comparisons revolve around tariff formulas that are predicted by political...
Persistent link: https://www.econbiz.de/10012473561