Showing 1 - 10 of 13
The paper explores theoretically and empirically why trade intermediaries (TIs) are frequently used as agents for exports to some countries but not to others. We adapt a standard intra-industry trade model with variable export costs (e.g. transport) and fixed export costs (e.g. market access) to...
Persistent link: https://www.econbiz.de/10005022099
McCallum (1995) shows in an influential contribution that, even when controlling for the impact of bilateral distance and region size, borders sharply reduce trade volumes between countries. We use in this paper data on bilateral trade flows between 94 French regions, for 10 industries and 2...
Persistent link: https://www.econbiz.de/10005022112
We analyze non-cooperative commodity taxation in a two-country trade model characterized by monopolistic competition and international firm and capital mobility. In this setting, taxes in one country affect foreign welfare through the relocation of mobile firms and through changes in the rents...
Persistent link: https://www.econbiz.de/10005577139
In the literature on the welfare effects of free trade under imperfect competition, one important case seems to have been overlooked and that is the Bertrand duopoly model with differentiated products. Although many authors have analysed the welfare effects of free trade under Cournot duopoly,...
Persistent link: https://www.econbiz.de/10005398523
This paper discusses the impact of foreign direct investment (FDI) on market entry and welfare. It assumes that firms may enter markets in the first period as national firms only. In the second period, however, FDI is possible. The paper demonstrates that FDI reduces market entry because...
Persistent link: https://www.econbiz.de/10005398537
Feenstra and Hanson (1999) propose a two-stop method to analyse the role of outsourcing and skill-biased technological … bias of outsourcing and SBTC. The results indicate that outsourcing has significantly contributed to the rise in the … domestic wage inequality accounting for approximately 12% of the increase in the UK in the 1990s. Factor-biased outsourcing was …
Persistent link: https://www.econbiz.de/10005577115
outsourcing service functions previously provided within the firm, performed worse. In sum, our findings support the view that … firms tend to overestimate the benefits accruing from outsourcing of services previously provided internally. …
Persistent link: https://www.econbiz.de/10005577149
We construct a model in which oligopolistic firms decide where to locate. Firms choose to locate either in a country where employment protection implies costly output adjustments or in one without adjustment costs. Using a two-period three-stage game with uncertainty it is demonstrated that...
Persistent link: https://www.econbiz.de/10005022135
While there has been a large empirical literature on productivity spillovers from foreign to domestic firms this literature treats the channels through which these spillover effects work as a black box. This paper attempts to fill this gap in the literature. Our results suggest that firms which...
Persistent link: https://www.econbiz.de/10005022137
This study examines the effects of economic integration on Greenfield Investments and cross-border Acquisitions locations. We use panel data on U.S. FDI in NAFTA and MERCOSUR members from 1989 to 1998. Economic integration is captured through tariff barriers and dummy variables. We pool data to...
Persistent link: https://www.econbiz.de/10005577152