Showing 91 - 100 of 709,243
In this paper, I have incorporated pure exporters into an asymmetric two-country general equilibrium model by Melitz (2003) to explain trade performance and export patterns in China. This model captures the coexistence of pure exporters, non-exporters and regular exporters in a single unified...
Persistent link: https://www.econbiz.de/10012998482
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011288486
Multinational enterprises (MNEs) are increasingly dealing with challenges shaped by the new geopolitical and trade environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of technical barriers to trade (TBTs) and sanitary...
Persistent link: https://www.econbiz.de/10014450560
Oligopolists from two source countries invest in a common host country to take advantage of low costs. A selective subsidy to multinational production encourages foreign direct investment (FDI) from the favored country but crowds out FDI from the other source. Such a subsidy also shifts rents...
Persistent link: https://www.econbiz.de/10014191349
We develop a dynamic general equilibrium framework with firm heterogeneity and monopsonistic labour markets, for quantification of the impact of trade and FDI liberalisation episodes. Firms make standard extensive margin investment choices into exporting and multinational statuses. The labour...
Persistent link: https://www.econbiz.de/10013503390
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10010271259
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs ceilings, i.e. tariff rates that no exporter may ever actually be confronted with, generate market access? The answer to this question relates to the effects of tariff bindings on...
Persistent link: https://www.econbiz.de/10010276621
economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory … production process abroad. Advances in globalization entail lower tariff rates of outsourcing. Contrary to the common wisdom, we …
Persistent link: https://www.econbiz.de/10011438940
This paper shows that market concentration is positively related to outsourcing activities in a framework of Cournot … competition with strategic outsourcing in a first stage. The theoretical priors are confirmed by rank correlation coefficients …
Persistent link: https://www.econbiz.de/10011492264
We critically consider the conventional belief that the attractiveness of international outsourcing lies in cheaper … labour costs overseas and that it offers a means to ‘escape’ the power of unions. We develop an oligopoly model in which … firms facing unionised domestic labour market choose between producing an intermediate in-house or outsourcing it to a non …
Persistent link: https://www.econbiz.de/10003941026