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The government has implemented substantial trade and investment policy reforms during the last two decades following a three-track approach involving unilateral, regional and multilateral modalities towards freer trade and investment. The reforms resulted to improvements in domestic resource...
Persistent link: https://www.econbiz.de/10011429689
moves economic geography from a preoccupation with theory towards more rigorous empirical research with greater relevance …
Persistent link: https://www.econbiz.de/10012990565
The paper examines the policies pursued by the Philippines in response to the increasing economic integration and interdependence of nations and regions around the world, focusing in particular on the country's multi-track approach to trade and investment liberalization. The country's experience...
Persistent link: https://www.econbiz.de/10011429654
Persistent link: https://www.econbiz.de/10011695731
This paper critically assesses the literature on the relationship between economic integration and the environment. In particular, we investigate how trade liberalisation and capital market integration affect environmental policy and thus environmental quality. Conversely, we also study how...
Persistent link: https://www.econbiz.de/10011608396
We study the optimal combination of corporate tax rate and tax base in a model of a small open economy with heterogeneous firms. We show that it is optimal for the small country's government to effectively subsidize capital inputs by granting a tax allowance in excess of the true costs of...
Persistent link: https://www.econbiz.de/10010427604
. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …
Persistent link: https://www.econbiz.de/10010333860
analyses, this paper reviews and analyses concepts and actual measures of European integration and globalization. In particular …, it discusses how to separate the effects of European integration from those of globalization. The paper searches for … regional integration and globalization indices that reduce the endogeneity problem, and it discusses collinearity between them …
Persistent link: https://www.econbiz.de/10010272106
Regional corridors are popular components of regional cooperation initiatives and have been in use for several years. Yet discussion about development of these corridors tends to be relatively general in scope and difficult to pin down in terms of content and implications. This paper elaborates...
Persistent link: https://www.econbiz.de/10010507325
The paper examines the problem of aggregating infinite utility streams with a social welfare function which respects the Anonymity and Weak Pareto Axioms. It provides a complete characterization of domains (of the one period utilities) on which such an aggregation is possible. A social welfare...
Persistent link: https://www.econbiz.de/10010292058