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Food prices and the multiplier effect of export policy
Giordani, Paolo E.; Rocha, Nadia; Ruta, Michele - 2012
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a complementarity between the price of food in international markets...
Persistent link: https://www.econbiz.de/10010326808
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Food prices and the multiplier effect of export policy
Giordani, Paolo E.; Rocha, Nadia; Ruta, Michele - 2012
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a complementarity between the price of food in international markets...
Persistent link: https://www.econbiz.de/10010281861
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When one country's land gain is another country's land loss...: The social, ecological and economic dimensions of sand extraction in the context of world-systems analysis exemplifi...
Franke, Maria - 2014
Singapore industrialised rapidly with continuously high growth rates since its independence in 1965 and its population … during the same period of time almost tripled. With development at this scale, Singapore had to grow in number of industrial …, Cambodia and Vietnam) for its sand supply. All major sand supplying countries successively prohibited sand exports to Singapore …
Persistent link: https://www.econbiz.de/10010352767
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The choice of modeling firm heterogeneity and trade restrictions
Cole, Matthew T. - 2009
There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade models. However, these models tend to rely heavily on symmetry assumptions and assume melting iceberg transport costs as the only form of trade restrictions. Moreover, a standard...
Persistent link: https://www.econbiz.de/10010292823
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Not all trade restrictions are created equally
Cole, Matthew T. - 2010
There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade models. This introduction has highlighted the importance of the entry/exit decision of firms in response to changes in trade barriers. However, it is typical in many of these...
Persistent link: https://www.econbiz.de/10010292856
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EU-African Economic Relations: Continuing Dominance, Traded for Aid?
Kohnert, Dirk - 2008
Promising growth rates, increased trade, and competition among major global players for African resources have boosted the development and bargaining power of sub-Saharan Africa (SSA) in relation to the EU. However, Africa's least developed countries remain vulnerable to external shocks....
Persistent link: https://www.econbiz.de/10010293533
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Why Legislators are Protectionists: The Role of Majoritarian Voting in Setting Tariffs
Willmann, Gerald - 2003
Based on the observation that industries are often geographically concentrated, this paper proposes a new political economy model of trade protection. We associate the sectors of a specific factors model with electoral districts populated by continua of heterogeneous voters who differ in their...
Persistent link: https://www.econbiz.de/10010296223
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Political Stasis or Protectionist Rut? Policy Mechanisms for Trade Reform in a Democracy
Willmann, Gerald; Blanchard, Emily J. - 2007
This paper analyzes the dynamics of trade policy reform under democracy. In an overlapping generations model, heterogeneous agents may acquire skills when young, thereby determining the skill composition of their cohort. Current and anticipated trade policies influence education decisions, and...
Persistent link: https://www.econbiz.de/10010296285
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Estimating gravity equations with endogeneous trade costs
Rudolph, Stephan - 2010
A basic assumption of the gravity equation of international trade is that increasing trade costs lower exports. Butintuition and theory imply that a high export volume lowers bilateral trade costs as well, because a fixed cost intensivetrade sector probably bears lower average costs with more...
Persistent link: https://www.econbiz.de/10010301362
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Individual attitudes towards trade: Stolper-Samuelson revisited
Jäkel, Ina C.; Smolka, Marcel - 2011
This paper studies to what extent individuals form their preferences towards trade policies along the lines of the Stolper-Samuelson logic. We employ a novel international survey data set with an extensive coverage of high-, middle-, and low-income countries, address a subtle methodological...
Persistent link: https://www.econbiz.de/10010304757