Showing 1 - 10 of 156
I show that partial vertical integration may either alleviates or exacerbate the concern for vertical foreclosure relative to full vertical integration and I examine its implications for consumer welfare.
Persistent link: https://www.econbiz.de/10011084209
The paper surveys the interactions between aid and trade, distinguishing between policies and outcomes as well as … recipient’s welfare via the trade channel, before turning to the empirical and institutional literature on the topic. It …
Persistent link: https://www.econbiz.de/10005504233
world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists … reduction in emissions. A second exercise comparing the actual trade situation with an autarky benchmark estimates that trade …
Persistent link: https://www.econbiz.de/10005504371
This paper employs worldwide data on output and bilateral trade in order to identify optimum currency areas (OCA’s) on … trade, some large continental OCA’s can be discerned in the world. Adding the second criterion, which concerns symmetry …
Persistent link: https://www.econbiz.de/10005504402
This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition … that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and … probability of escalation is indeed lower for countries that trade more bilaterally because of the opportunity cost associated …
Persistent link: https://www.econbiz.de/10005504509
This paper explores the link between trade and European labour markets by using evidence on relative commodity prices …
Persistent link: https://www.econbiz.de/10005504580
The recent media and political attention on service outsourcing from developed to developing countries gives the impression that outsourcing is exploding. As a result, workers in industrial countries are anxious about job losses. This Paper aims to establish what are the hypes and what are the...
Persistent link: https://www.econbiz.de/10005504627
What is the impact of terrorism on trade through higher security at the borders? We set up a theory which shows that … the impact goes not only from terrorism to trade; higher trade with a partner might, in turn, increase the probability of … products. These results suggest that security to prevent terrorism does matter for trade. …
Persistent link: https://www.econbiz.de/10005504633
This paper derives the conditions under which fitness-reducing alleles can survive in a long-run stationary equilibrium for a trading population, extending the results in Saint-Paul (2002) for arbitrary systems of sexual reproduction.
Persistent link: https://www.econbiz.de/10005504704
of natural selection are made weaker because trade allows people to specialize in those activities where they are strong …, and to offset their weaknesses by purchasing adequate goods on the market. Absent trade, people must allocate their time … alleles at all locations. Under trade, there exist long-run equilibria where less fit individuals are able to achieve the same …
Persistent link: https://www.econbiz.de/10005504779