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Recent studies on oil market demonstrate endogeneity of oil price by modeling it as a function of consumption and precautionary demands and producers’ supply. However, studies analysing the effect of oil price uncertainty on investment, do not disentangle uncertainties raised by underlying...
Persistent link: https://www.econbiz.de/10011824182
competition from China. We do not find that Chinese import competition has a significant impact on the average wages of formal or …In this paper, we relate outcomes of El Salvadors local labor markets to their exposure to Chinese import competition … study three sets of outcomes: manufacturing employment, labor informality, and average wage. We find that rising Chinese …
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This paper studies the impact that import competition from China had on firms performance in the manufacturing sector … reveal that Peruvian firms reacted to increased competition from Chinese manufacturing goods mainly by altering their factor … cumulative impact on net sales when we account for longer timeframes. Looking at import competition from China in third markets …
Persistent link: https://www.econbiz.de/10012154405
The vigorous growth of the Chinese economy together with its growing role in international trade has raised fears of … the share of informal employment. The industry-level results indicate that a rise in import penetration from either China … increasing the interindustry wage premium. The worker-level results suggest that industry-level import penetration from China and …
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We analyse interethnic cooperation in an infinitely repeated prisoner’s dilemma when members of one group are unable to target punishment towards individual defectors from the other group. We first show that indiscriminate outgroup punishment may sustain cooperation in this setting. Our main...
Persistent link: https://www.econbiz.de/10002521602