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Low-Wage Import Competition, Inflationary Pressure, and Industry Dynamics in Europe
Auer, Raphael; Degen, Kathrin; Fischer, Andreas M. - 2011
What is the impact of import competition from low-wage countries (LWCs) on inflationary pressure in Europe? This paper examines whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden, and the...
Persistent link: https://www.econbiz.de/10011430088
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Finance, Comparative Advantage, and Resource Allocation
Jaud, Melise; Kukenova, Madina; Strieborny, Martin - 2013
We show that exported products exit the US market sooner if they violate the Heckscher-Ohlin notion of comparative advantage. Crucially, this pattern is stronger when exporting country has a well-developed banking system, measured by a high ratio of bank credit over the GDP. Banks thus push...
Persistent link: https://www.econbiz.de/10013208642
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Disclosure Regulation, Corruption, and Investment: Evidence from Natural Resource Extraction
Rauter, Thomas - 2019
I examine how mandatory disclosure of fiscal payment information in developed countries affects fiscal revenue contributions and investments by multinational firms in less developed countries. In Europe and Canada, extractive firms have to publicly disclose their payments to foreign host...
Persistent link: https://www.econbiz.de/10013342558
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The (Ir)relevance of Disclosure of Compliance with Corporate Governance Codes-Evidence from the German Stock Market
Nowak, Eric; Rott, Roland; Mahr, Till G. - Institut für Schweizerisches Bankwesen <Zürich> - 2006
This paper studies the short- and long-run announcement effects of declaring compliance with the German Corporate Governance Code (the Code). We examine a unique, hand-collected data set of 317 German listed firms from 2002-2005. First, we present evidence from an analysis of firms compliance...
Persistent link: https://www.econbiz.de/10005858374
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Trade Protection in India: Economics vs. Politics?
Gang, Ira N.; Pandey, Mihir - 1996
This paper investigates economic and political determinants of protection across the secondary (manufacturing) sector … compared to the rest-of-the-world to have low levels of protection. Moreover, the degree of protection should change as the … industries may enjoy a great deal of protection because of political lobbying. …
Persistent link: https://www.econbiz.de/10010334289
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On the spread and impact of antidumping
Prusa, Thomas J. - 1999
This paper documents two key costs of AD protection. First, once AD has been adopted countries often have a difficult … impact of AD protection most surely implies that AD will continue to be a key negotiating item in the next WTO round. …
Persistent link: https://www.econbiz.de/10010334327
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Revenue Motives and Trade Liberalization in an Endogenous Tariff Model
Gang, Ira N. - 1994
-maker would respond to lower world prices by reducing tariff protection for an import-competing industry. An initial tariff that …
Persistent link: https://www.econbiz.de/10010334348
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The Distributional Effects of International Fragmentation
Kohler, Wilhelm - 2002
Economic globalization causes an increasing international fragmentation (disintegration) of value-added-chains, whereby firms outsource components of production to foreign markets. There is a high level of concern about unwelcome distributional effects. This paper provides a theoretical...
Persistent link: https://www.econbiz.de/10010294506
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International Fragmentation: A Policy Perspective
Kohler, Wilhelm - 2000
International fragmentation, or outsourcing, is often referred to as a distinctly novel feature in today's global economy. First observed in the US-Mexican context, the phenomenon is increasingly catching policy makers' attention also in Europe. As barriers between east and west are...
Persistent link: https://www.econbiz.de/10010294567
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A specific-factors view on outsourcing
Kohler, Wilhelm - 2000
A distinctive feature of the present wave of economic globalization is that the principle of world-wide arbitrage is increasingly applied to individual components of value added chains, rather than final goods. The result is a phenomenon called outsourcing, or international fragmentation....
Persistent link: https://www.econbiz.de/10010294605