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This paper discusses the normative foundation of a global competition regime. It asks: What kind of normative values do we need? What objectives ought we to pursue? Why value economic competition at such a tough time as this? Are the disputes on these issues in the US and EU jurisdictions likely...
Persistent link: https://www.econbiz.de/10014138137
We study the economic relationship between globalization and inequality within a country. In a partial equilibrium it …, relative consumption inequality between employed and the marginalized always rises by intensified globalization. However in … certain situations the relative income inequality may fall. -- Globalization ; inequality ; marginalization ; policy …
Persistent link: https://www.econbiz.de/10003841950
The primary objective of the research is to investigate the influence of international integration processes on … (RTA) forming have been scrutinized. Integration, which develops due to RTAs, is the most important mechanism of the … international cooperation in the field of economic policy. This integration is a coordination and protection mechanism, which …
Persistent link: https://www.econbiz.de/10013258982
effects of global liberalisation and to establish institutions and policies which can help realise that vision. Reversing …
Persistent link: https://www.econbiz.de/10014026087
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011781965
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10012926563
I present a model of two quantity-setting firms, each producing two goods in a different country, but enjoying a competitive advantage in only one of them. An international cartel can either shut down trade and manufacture both goods domestically or foreclose the inefficient plant and import the...
Persistent link: https://www.econbiz.de/10012906966
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436
economic integration agreements' (EIAs') partial effects on trade flows far exceeds that explained simply by variation in depth …
Persistent link: https://www.econbiz.de/10011309578
Trade data are typically reported at the level of regions or countries and are therefore aggregates across space. In this paper, we investigate the sensitivity of standard gravity estimation to spatial aggregation. We build a model in which initially symmetric micro regions are combined to form...
Persistent link: https://www.econbiz.de/10012991938