Showing 1 - 10 of 10
multilateral cooperation when countries are linked by international trade flows and transboundary pollution. …
Persistent link: https://www.econbiz.de/10005583073
I develop a simple new model of strategic trade with endogenous timing, generalizaing Glosten and Milgrom (1985) : A … make a trade at a random time. The market is open for an exponential length of time. …
Persistent link: https://www.econbiz.de/10005450536
We examine the endogenous formation of trade blocs when markets are characterized by imperfect competition and … simple model of intra-industry trade between three ex-ante symmetric countries, we find that, while 'pure' customs unions … - entailing tariff cooperation only - are stepping stones towards global free trade, 'impure' customs unions - involving the …
Persistent link: https://www.econbiz.de/10005747071
This paper illustrates that an international permit trading system may hurt relatively poor countries by making associated economic activities unaffordable. A model is constructed in which the free market solution is Pareto inefficient as a result of pollution. The introduction of tradable...
Persistent link: https://www.econbiz.de/10005747178
While Germany has a very open, export-oriented manufacturing sector, to date there has been little or no research on the role of exporting in German firm performance. This paper documents the significant differences between exporters and non-exporters and attemps to identify the sources of these...
Persistent link: https://www.econbiz.de/10005749019
This paper argues that previous empirical work on the explanation for Hong Kong's export Growth, by focusing on the values of the estimated price and income elasticities, has failed to provide a full account. It is necessarily also to look at changes in the explanatory variables in the model,...
Persistent link: https://www.econbiz.de/10005583049
public information is exactly indifferent about the timing of his trade: His expected return per dollar invested is a …
Persistent link: https://www.econbiz.de/10005587252
This paper describes information exchange under the Sugar Institute, the trade association of U.S. domestic sugar cane …
Persistent link: https://www.econbiz.de/10005587255
A growing body of empirical work has documented the superior performance characteristics of exporting plants and firms relative to non-exporters. Employment, shipments, wages, productivity and capital intensity are all higher at exporters at any given moment. This paper asks whether good firms...
Persistent link: https://www.econbiz.de/10005587348
Traditional Trade models focus on aggregate and industry flows and usually ignore firm level factors. This paper …
Persistent link: https://www.econbiz.de/10005574281