Showing 1 - 10 of 553
We analyze tax competition between two countries of unequal size trying to attract a foreign-owned monopolist. When regional governments have only a lump-sum profit tax (subsidy) at their disposal, but face exogenous and identical transport costs for imports, then both countries will always...
Persistent link: https://www.econbiz.de/10010398203
between 1993 and 2007, we find that markups are 19 percent higher for foreign-owned firms than for domestically owned firms …. Moreover, markups for domestically owned firms are significantly lower in industries where multinationals have a greater … technological edge, suggesting that Ricardian differences in technology and endogenous markups constitute important dimensions for …
Persistent link: https://www.econbiz.de/10011284902
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...
Persistent link: https://www.econbiz.de/10011773529
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011386602
We analyze tax competition between two countries of unequal size trying to attract a foreign-owned monopolist. When regional governments have only a lump-sum profit tax (subsidy) at their disposal, but face exogenous and identical transport costs for imports, then both countries will always...
Persistent link: https://www.econbiz.de/10009623404
This paper argues that interests of nationals and owners of home-based foreign capital in the formation of a Trade Agreements (TA) are not antagonistic, except under rather particular assumptions on initial tariffs among potential members. Further, if initial tariffs are endogenously determined...
Persistent link: https://www.econbiz.de/10010229102
The business literature suggests that exporters either use trade intermediaries or own foreign sales representations. Standard trade models are silent about this choice. We develop a model where producers differ with respect to competitive advantage and where trade intermediaries arise...
Persistent link: https://www.econbiz.de/10003729118
Remarkable growth of export performance of transition economies has been one of the most outstanding features of the transition and EU integration processes. The paper looks at the reasons behind this phenomenon. Following Redding and Venables (2003, 2004), and Fugazza (2004), we distinguish...
Persistent link: https://www.econbiz.de/10012720756
This paper investigates the impact of deep integration in preferential trade agreements (PTAs) on multinational production (MP), i.e. the production carried out by firms outside of their country of origin. Using a structural gravity model, we find that tariff reductions have a positive impact on...
Persistent link: https://www.econbiz.de/10012893148
This study investigated the East Asia's electronic production network and its evolution from 1990 to 2010. A network analysis is used to identify the major trade links for both parts and components and final products, and changes in roles, trading partners and network patterns for the years...
Persistent link: https://www.econbiz.de/10012979791