Showing 1 - 10 of 109
This paper is about quality decisions in a vertical structure where competitive producers sell to powerful retailers. Specifically, we focus the analysis on the role played by a tour operator on quality investments when distributing the capacity of a given tourist destination. We emphasize the...
Persistent link: https://www.econbiz.de/10005134461
U. S. insurers have achieved their strong position in the world insurance industry primarily through servicing demand in the large domestic markets. Future growth will require U.S. insurers to cultivate a more international focus. The next decade is likely to bring significant changes in the...
Persistent link: https://www.econbiz.de/10005134486
Religious participation is much more widespread in the United States than in Europe, while Europeans tend to view sects more suspiciously than Americans. We propose an explanation for these patterns without assuming differences in preferences or market fundamentals. Religious markets may have...
Persistent link: https://www.econbiz.de/10005407789
This paper examines the impact of trade and investment liberalization on the wage skill premium between skilled and unskilled workers in Vietnamese manufacturing. The result from an econometric analysis using a firm-level dataset reveals the important role of trade liberalization as an impetus...
Persistent link: https://www.econbiz.de/10011252687
This paper examines the implications of Nepal’s exchange rate policy for its export performance over the period 1980–2010. We first document Nepal’s long-standing currency peg against the Indian rupee and that Nepal’s real exchange rate appreciated substantially from the late 1990s. We...
Persistent link: https://www.econbiz.de/10011252692
Indonesia experienced growing shortfalls of food supplies during the 1950s and during the 1960s and 1970s it imported increasing amounts of rice, wheat and wheat flour. This paper investigates the role of food aid in this development. In the 1950s,Indonesia received some US PL480 food aid under...
Persistent link: https://www.econbiz.de/10011254964
In 1977 Sri Lanka was the first of the South Asian countries to decisively move away from the protectionist import-substitution trade policies that for many years had damaged their economic efficiency and hobbled their economic growth. Albeit with back-tracking episodes, Sri Lanka's liberalising...
Persistent link: https://www.econbiz.de/10008861949
This paper provides trade flow projections for major Asian developing economies (ADEs) for the next two decades against the backdrop of an in-depth analysis of policy shifts and trade patterns over the past 4 decades. Merchandise trade of ADEs has grown at a much faster rate in the global...
Persistent link: https://www.econbiz.de/10008914092
This paper adds to the literature that suggests that exports become less sensitive to exchange rate movements under certain circumstances. Focusing on the industry-specific sensitivity of export quantities to exchange rates in the context of intra-industry trade (IIT), this paper theoretically...
Persistent link: https://www.econbiz.de/10009020180
This paper analyzes the impact of firm networks on Japan's national border effect. We estimate gravity equations using data on Japan's international and interregional trade in four machinery industries (electrical, general, precision and transportation machinery). The machinery sector is the...
Persistent link: https://www.econbiz.de/10009209769