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One of the most striking features of the world economy is that wealthy countries are clustered together. This paper theoretically and empirically explains a mechanism for this clustering by extending the Acemoglu and Ventura model so that it takes real geography into account. Countries close to...
Persistent link: https://www.econbiz.de/10012530139
Artículo de revista ; The economic, political and institutional ties between Latin America and China have become closer as the Chinese economy has grown. Indeed, as a result of its rapid economic growth, China now plays a systemic role in the world economy. However, since the global financial...
Persistent link: https://www.econbiz.de/10012532426
In this paper we investigate the effects of trade on the national minimum quality standards applied by two trading partners. We employ a simple partial equilibrium model in which national regulators set a minimum quality standard for a product whose quality is unobservable to consumers prior to...
Persistent link: https://www.econbiz.de/10009441593
A concordant ordering of brands, generated with a computer assisted linear format, an alphabetical listing of brands, and a discordant summary rating of brands were compared on decision quality, user evaluations, and decision time. The decision task was difficult as the decision set contained a...
Persistent link: https://www.econbiz.de/10009441660
Several interesting developments indicate that world attention is increasingly focusing on a "novel" category of trade barriers: non-tariff and non-border barriers. Following the Uruguay Round (the eighth round of negotiations under the General Agreement on Tariffs and Trade, "GATT"), scholars...
Persistent link: https://www.econbiz.de/10009459272
The post-World War II world trading system is now more than fifty years old, and not surprisingly, it has evolved through a number of different stages of development and survived a series of perils. Recently, however, the perils seem even greater than before. The failure of the Seattle...
Persistent link: https://www.econbiz.de/10009466411
The research in this paper has two objectives. Beginning with an examination of the historical development of how financial reporting standards are set in the United States and around the world, the Financial Accounting Standards Board and the International Accounting Standards Board will be...
Persistent link: https://www.econbiz.de/10009450221
The purpose of this research has been to explore the role of agent certification in the process of global sourcing. While some research has been done in the area of exporter-intermediary relationship, little has been done to study the importance of buyer-agent relationship and how the process of...
Persistent link: https://www.econbiz.de/10009431337
Globalization leads to cross-border business transactions between societies with very different norms and regulations regarding bribery. Bribery in international business transactions can be seen as a function of not only the demand for such bribes in different countries, but the supply, or...
Persistent link: https://www.econbiz.de/10009431845
This course will focus on the environment of firms with particular emphasis on economic variables such as GNP, inflation, interest rates, exchange rates and international trade. The course is divided into five parts: The first presents the basic tools of macroeconomic management by focusing on...
Persistent link: https://www.econbiz.de/10009433297