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Although there are indications of common regional corruption characteristics, empirical studies of corruption have assumed that influences on corruption are country-specific. In this paper we report evidence based on a cross-section of 123 economies confirming that, with few specific exceptions,...
Persistent link: https://www.econbiz.de/10005066594
I study employment and welfare effects of international competition in a model with imperfect labor markets. In contrast to the well-established result that trade liberalization has ambiguous welfare effects under perfect labor markets, I show that the employment effect may raise welfare...
Persistent link: https://www.econbiz.de/10008551348
This dissertation examines the impact of globalisation when labour markets are imperfect. Chapters 2 and 3 start with an overview about recent trends in globalisation and provide evidence for labour market rigidity in developed countries. Chapter 4 studies minimum wages in a simple factor...
Persistent link: https://www.econbiz.de/10008520696
We extent a solvable version of the core-periphery agglomeration model to four countries located in two regions. The paper shows that there might still be a race to the bottom in capital income tax rates despite agglomeration rents earned by the mobile factor. We find that intra-regional tax...
Persistent link: https://www.econbiz.de/10005181522
We develop a multi-country model with imperfect labour markets to study the effect of labour market frictions on bilateral trade flows. We use a framework that allows for goods trade and capital mobility and show that labour market imperfections exert opposite effects in the absence of capital...
Persistent link: https://www.econbiz.de/10009201011
In this paper, we study the link between trade liberalization and imperfect labour markets for tax competition. We show that rigid labour markets increase the mobility of the tax base as compared to perfect labour markets translating into lower Nash tax rates. Lower trade barriers exhibit a...
Persistent link: https://www.econbiz.de/10010613050
We examine the impacts of both domestic and international financial market development on R&D intensities in 22 manufacturing industries in 18 OECD countries for the period 1990-2003. We take account of such industry characteristics as the need for external financing and the amount of tangible...
Persistent link: https://www.econbiz.de/10009150632
<heading id="h1" level="1" format="display" implicit="no">Abstract</heading> In this paper, we extend a solvable version of the core-periphery agglomeration model to four countries located in two regions to show that governments in the agglomerated region may not be able to levy a tax premium on mobile capital if there is intra-regional tax competition. This...
Persistent link: https://www.econbiz.de/10008681802
We examine the impacts of both domestic and international financial market development on R&D intensities in 22 manufacturing industries in 18 OECD countries for the period 1990–2003. We take account of such industry characteristics as the need for external financing and the amount of tangible...
Persistent link: https://www.econbiz.de/10010688147
We argue in this paper that differences in corporate taxes between economies stimulate vertical integration of final goods producers and suppliers of intermediate goods causing more intra-firm trade. This is due to the fact that vertically integrated firms can shift profits from a high-tax...
Persistent link: https://www.econbiz.de/10010702965