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This paper sets up a model of trade, in which two countries with differing levels of technology specialize on the production of subsets of the global value chain. In the open economy equilibrium, the technologically backward country exports intermediates in exchange for imports of a homogeneous...
Persistent link: https://www.econbiz.de/10013336229
This paper explores the role of FDI-spillover prevention costs in the strategic choice for a MNE of a developed country such as Japan about whether it perform FDI to an emerging economy such as Russia and China and about a degree of FDI spillovers that it allows. After discussing the exogenous...
Persistent link: https://www.econbiz.de/10011490698
This paper analyzes the behavior of monopoly firm serving its products to two countries. The main focus of this paper is on how the product-quality choice in different markets are related with the cost structure of the firm. First, This paper examines the effects of production and R&D costs on...
Persistent link: https://www.econbiz.de/10011538200
This paper analyzes the behavior of firm(s) serving its products to two countries having different consumers in terms of their valuation of product quality. The home-market of firm(s) is a developed country with small population but high valuation of product quality, while the foreign is a...
Persistent link: https://www.econbiz.de/10011517861
affects the optimal levels of external tariffs and standards, which are chosen by each country, and national welfare. In light … the several forms of PTAs, we focus on free trade areas (FTAs), where each member country chooses its external tariffs …
Persistent link: https://www.econbiz.de/10011490666
an increase in Brazilian sugar exports in the absence of SSG tariffs was calculated and also the overall impact on … raw sugar in EU and 30% for white sugar in US in years 1999 and 2002, which the additional tariffs were highest. In period … tariffs applied by EU were always higher than those applied by US. We estimated that the impact of the value of sugar that was …
Persistent link: https://www.econbiz.de/10011485200
The number of bilateral and multilateral trade agreements has surged in recent years. In order to benefit from preferential tariff rates,firms must apply and comply with rules of origin requirements. This is costly and explains why preference utilization rates (PUR) are far below 100 percent. In...
Persistent link: https://www.econbiz.de/10012317015
We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production back to the home economy but without improving...
Persistent link: https://www.econbiz.de/10012309562
This paper examines patterns of FDI inflows to Southern European (SE) regions, which seem to be at the margin of the FDI attraction game accounting for a very small share of total inward FDI in the EU. In order to understand why these regions attracted such a low number of foreign investors,...
Persistent link: https://www.econbiz.de/10011494536
This paper adds to the scarce cross-country evidence on FDI location decisions between the EU-15 Member States and the ten new Members that joined the European Union (EU) in 2004 and 2007 from the Central and East European Countries (CEECs). To capture the discrete nature of the location choice,...
Persistent link: https://www.econbiz.de/10011503069