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Repetitive interactions among players are common to many actual markets. If this is complemented by guaranteed sales markets and the presence of dominant players, then it creates natural conditions for coordination. Economic theory suggests that the decline in competition up to the cartel level...
Persistent link: https://www.econbiz.de/10010668574
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect domestic food prices. Our first result is that export...
Persistent link: https://www.econbiz.de/10010983239
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect domestic food prices. Our first results is that export...
Persistent link: https://www.econbiz.de/10010896190
A large body of empirical work documents that prices of traded goods change by a smaller proportion than real exchange rates between the trading countries (incomplete pass-through). The wedge between exchange rates and relative prices also varies a cross countries (pricing-to-market). I present...
Persistent link: https://www.econbiz.de/10011150298
International sugar trade is of strategic importance to India as it helps in maintain stability in the domestic sugar prices despite the cyclicality in production. Also, the potential for expanding sugar production in India exists and can be fully exploited if adjustments were introduced to...
Persistent link: https://www.econbiz.de/10010860131
This dissertation was prepared by Jasmin Gröschl and is a collection of five self-contained empirical essays. They aim at contributing to the understanding of non-standard determinants of trade and migration: historical and cultural characteristics in the United States (Chapter 1),...
Persistent link: https://www.econbiz.de/10010877519
In an attempt to disentangle the impact of sanitary and phytosanitary (SPS) measures on trade patterns, we estimate a Heckman selection model on the HS4 disaggregated level of trade. We find that aggregated SPS measures constitute barriers to agricultural and food trade consistently to all...
Persistent link: https://www.econbiz.de/10010877600
The aim of this paper is to assess the causal impact of trade policy distortions on food security. The added value of this work is twofold: i) its use of a non-parametric matching technique with continuous treatment, namely the Generalised Propensity Score (GPS) to address the self selection...
Persistent link: https://www.econbiz.de/10010929128
The Industrial Revolution happened in Britain because by the 19-th century the eternal problem faced by humankind, i.e. the problem of hunger, had been resolved on a local scale. Thanks to a unique combination of factors, Britain just overtook the other West European countries (for a short...
Persistent link: https://www.econbiz.de/10011258586
The Industrial Revolution happened in Britain because by the 19-th century the eternal problem faced by humankind, i.e. the problem of hunger, had been resolved on a local scale. Thanks to a unique combination of factors, Britain just overtook the other West European countries (for a short...
Persistent link: https://www.econbiz.de/10011258848