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Cooperation and Closure in Bilateral Trade Negotiations
Crump, Larry - 2017
Little is known about cooperation between nations engaged in a regional economic association. This study investigates cooperation and closure between Asia-Pacific Economic Cooperation (APEC) member economies engaged in negotiating five bilateral free trade agreements (FTA), including the...
Persistent link: https://www.econbiz.de/10012172045
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Herd behavior and firm-specific information
In: Cogent Economics & Finance 8 (2020) 1, pp. 1-19
The study shows critical roles of firm-specific information on herd behavior, which is underexplored in prior literature, albeit an increasing impact of firm-specific information on asset pricing. The main finding demonstrates that three of four selected measures of firm-specific information...
Persistent link: https://www.econbiz.de/10014001591
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Trade concentration and crisis spillover: Case study of transmission of the subprime crisis to Thailand
Cheewatrakoolpong, Kornkarun; Manprasert, Somprawin - 2012
crisis to East Asian countries, including Thailand. The international trade literature points out that trade concentration is … considered to be an important factor in the amplification of the effects of the crisis. Thailand was still greatly affected by … find that Thailand still has high exposure to the G3 markets. Simulation using the CGE model has also confirmed that the …
Persistent link: https://www.econbiz.de/10010287949
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Finance-growth-crisis nexus in Asian emerging economies: Evidence from VECM and ARDL assessment
Fukuda, Takashi; Dahalan, Jauhari - In: International Journal of Economic Sciences and Applied … 5 (2012) 2, pp. 69-100
five Asian emerging economies (India, Indonesia, South Korea, Malaysia and Thailand) during the period 1982 to 2007. All of …
Persistent link: https://www.econbiz.de/10010289428
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Social identity and political polarization: Evidence on the impact of identity on partisan voting trade
Duell, Dominik; Valasek, Justin Mattias - 2017
While scholars and pundits alike have been pointing to a trend of increasing partisan affect in the US, there has been very little analysis as to how partisan affect impacts the decisions of voters. We hypothesize that affective polarization may effect voting both through an expressive channel,...
Persistent link: https://www.econbiz.de/10011639360
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Government Ideology and Economic Policy-Making in the United States
Potrafke, Niklas - 2017
This paper describes the role of government ideology on economic policy-making in the United States. I consider studies using data for the national, state and local level and elaborate on checks and balances, especially divided government, measurement of government ideology and empirical...
Persistent link: https://www.econbiz.de/10011657165
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Inequality, macroeconomic performance and political polarization: An empirical analysis
Proaño Acosta, Christian; Peña, Juan Carlos; … - 2019
This paper investigates the macroeconomic and social determinants of voting behavior, and especially of political polarization, for 20 advanced countries using annual data ranging from 1970 to 2016 and covering 291 parliamentary elections. Using a panel estimation approach and rolling...
Persistent link: https://www.econbiz.de/10011993218
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Social Polarization and Partisan Voting in Representative Democracies
Duell, Dominik; Valasek, Justin Mattias - 2018
While scholars and pundits alike have expressed concern regarding increasing social polarization based on partisan identity, there has been little analysis of how social polarization impacts voting. In this paper, we incorporate social identity into a principal-agent model of political...
Persistent link: https://www.econbiz.de/10011872097
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Rent-seeking and the polarization of politics
Klingelhöfer, Jan - 2018
I present a model in which a centrist electorate leads to partisan politics and vice versa. A centrist electorate benefits from an equilibrium in which only ideological politicians are elected in so far as ideological politicians are willing to give up more rents in return for a higher chance of...
Persistent link: https://www.econbiz.de/10011892054
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Inequality and Extremist Voting: Evidence from Germany
Dorn, Florian; Fuest, Clemens; Immel, Lea; Neumeier, Florian - 2018
This paper studies the impact of economic inequality on political polarization. Using a unique dataset covering different measures of regional income inequality as well as federal and state election outcomes at the county level in Germany, we investigate whether inequality influences the share...
Persistent link: https://www.econbiz.de/10011892103