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This paper analyses the integration of China and India into the global economy. To this end, it presents estimates from … China’s trade intensity is higher than fundamentals would suggest, whereas the converse is true for India. Second, Chinese …, China’s exports of services tend to complement its exports of goods, while India’s exports are growing only in deregulated …
Persistent link: https://www.econbiz.de/10011606232
Central banks in developing countries, wanting to devalue the domestic currency, usually intervene in the foreign exchange market by buying up foreign currency using domestic money-often backing this up with sterilization to counter inflationary pressures. Such interventions are usually...
Persistent link: https://www.econbiz.de/10010292055
We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can improve welfare. The model consists of a downstream (airline) duopoly with two inputs landings at two airports) and two types of consumers. The airline companies compete...
Persistent link: https://www.econbiz.de/10010332275
This paper analyzes the situation in which a national government introduces environmental regulations. Within the framework of an international duopoly with environmental regulations, this paper shows that an environmental tax imposed by the government in the home country can induce a foreign...
Persistent link: https://www.econbiz.de/10010332390
Das Metaverse ist die nächste Stufe des Internets, das virtuelle 3D-Umgebungen schafft, in denen virtuelle Erlebnisse mithilfe von erweiterten Realität durchgeführt werden können. Es geht nicht nur um Headsets und virtuelle Spiele, sondern auch um die zunehmende Verbindung des Metaverses mit...
Persistent link: https://www.econbiz.de/10014560181
This paper studies how different unionisation structures affect firm productivity, firm performance, and consumer welfare in a monopolistic competition model with heterogeneous firms and free entry. While centralised bargaining induces tougher selection among hetero- geneous producers and thus...
Persistent link: https://www.econbiz.de/10010263769
Persistent link: https://www.econbiz.de/10011288138
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