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We examine import prices paid by direct-sourcing Indian manufacturing firms in the early 2000s using a unique data set that matches firm characteristics with product and source-country trade data, offering a theoretical and empirical extension of Halpern and Koren (2007). We find that import...
Persistent link: https://www.econbiz.de/10013232812
There is a growing interest in cross-border medical care and its comparative advantages. In addition, medical care can be defined as a local assurance good. Little research is being carried out in this field. This paper discusses the individual considerations for medical treatment offered at...
Persistent link: https://www.econbiz.de/10003941164
We use detailed information from U.S. consumers' credit card purchases to provide the first large scale description of the geography of consumption. We find that consumers' mobility is quite limited and document significant heterogeneity in the importance of gravity across sectors. We develop a...
Persistent link: https://www.econbiz.de/10012952072
In Philippines - Distilled Spirits, the Appellate Body of the WTO reaffirmed that the determination of 'likeness' in … the GATT should be about the competitive relationship between products. A coherent methodology for the determination of … bodies of the WTO is still inadequate, as demonstrated by the disputes examined in this article. One recurrent problem is the …
Persistent link: https://www.econbiz.de/10012856498
Using data from Taiwan's Yahoo! auctions of Nikon cameras, this paper investigates whether there exists any difference in transaction results between commodities which are sold by authorized sellers and those which are parallel imports. We find that the parallel imports and the authorized...
Persistent link: https://www.econbiz.de/10012988309
This paper aims to explain why some consumers may rationally object to free trade. I describe a differentiated-goods economy in which agents differ in their preferences across categories of goods. Due to increasing returns in production the number of goods produced in a given category depends on...
Persistent link: https://www.econbiz.de/10014117894
We study the impact of the COVID-19 pandemic on euro area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: (1) compositional effects, or the switch...
Persistent link: https://www.econbiz.de/10013277488
Persistent link: https://www.econbiz.de/10010416434
Persistent link: https://www.econbiz.de/10014317109