Narrow search
Showing 1 - 10 of 5,583
Cover Image
Footloose global value chains : how trade costs make a difference
Jakubik, Adam; Stolzenburg, Victor - 2019 - Manuscript date: November 2019
The geography of global value chains (GVCs) depends crucially on trade costs between countries hosting various stages of production. Some stages might be more sensitive to trade costs than others. In this paper, we exploit a value-added decomposition of bilateral trade flows to distinguish low...
Persistent link: https://www.econbiz.de/10012126085
Cover Image
Chapter 33 Culture in International Trade
Acheson, Keith; Maule, Christopher - In: Handbook of the economics of art and culture : volume 1, (pp. 1141-1182). 2006
Cultural allegiances whether inherited, imposed or chosen, affect economic activity. Many of these cultural layers – ethnic background, religion, language, ideological orientation, and artistic interests – spill over national boundaries. Cultural ideas travel the world along many routes from...
Persistent link: https://www.econbiz.de/10014023796
Cover Image
Return of the tariffs : the interwar trade collapse revisited
Adam, Marc Christopher - 2019
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general equilibrium effects of bilateral distance,...
Persistent link: https://www.econbiz.de/10012023385
Cover Image
The Effect of Tariffs in Global Value Chains
Eugster, Johannes L.; Jaumotte, Florence; MacDonald, Margaux - 2022
This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using … tariffs at different stages of the production chain for a broad set of countries and industries. Our results suggest that … tariffs have significant effects on economic outcomes, including on countries and sectors not directly targeted. We find that …
Persistent link: https://www.econbiz.de/10013295005
Cover Image
Trade policy along the global value chain : a rationale for the existence of deep trade agreements
Egger, Hartmut; Fischer-Thöne, Christian - 2022
This paper sets up a model of trade, in which two countries with differing levels of technology specialize in the production of sub-stages of the global value chain. In the open economy, the technologically backward country exports intermediates in exchange for imports of a homogeneous...
Persistent link: https://www.econbiz.de/10013465726
Cover Image
Moral hazard and the internal organization of joint research
Fabrizi, Simona; Lippert, Steffen - 2004
We address the question of how the internal organization of partnerships can be affected by moral hazard behavior of their division(s)/agent(s). We explore cases where two entregreneurs, each employing one agent subject ot moral hazard, decide how to conduct a research project together. The...
Persistent link: https://www.econbiz.de/10010366567
Cover Image
Global sourcing if contracts are reference points
Kukharskyy, Bohdan - 2012
contractual foundation into a simple model of global sourcing with culturally dissimilar countries. Entrepreneurs can cooperate …
Persistent link: https://www.econbiz.de/10009686677
Cover Image
Global Sourcing of Complex Production Processes
Schwarz, Christian - 2010
We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10013136032
Cover Image
Global Sourcing of Complex Production Processes
Schwarz, Christian - 2011
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
Cover Image
Contracting institutions and firm integration around the world
Eppinger, Peter S.; Kukharskyy, Bohdan - 2021
Firm integration is fundamentally shaped by contractual frictions. But do better contracting institutions, reducing these frictions, induce firms to be more or less deeply integrated? To address this question, this paper exploits unique micro data on ownership shares across more than 200,000...
Persistent link: https://www.econbiz.de/10012548172