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Building on the results of the OECD-WTO Trade in Value-Added TiVA database, the paper analyses the evolution of effective protection in about 50 developed and developing countries from 1995 to 2008. The paper reviews also the role of preferential agreements on effective protection as well as the...
Persistent link: https://www.econbiz.de/10011124457
A second approach focuses on the relationships existing between the variables themselves, using multi-criteria and graph analysis. Natural resources endowments, on the one hand, and services orientation, on the other one, are among the most determinant variables for defining Trade in Value Added...
Persistent link: https://www.econbiz.de/10011115055
Most international commerce is carried out by multinational firms, which use their foreign affiliates for the majority of their foreign sales. In this paper, I examine the determinants of multinational firms' location and production decisions and the welfare implications of multinational...
Persistent link: https://www.econbiz.de/10011115077
This paper argues that interests of nationals and owners of home-based foreign capital in the formation of a Trade Agreements (TA) are not antagonistic, except under rather particular assumptions on initial tariffs among potential members. Further, if initial tariffs are endogenously determined...
Persistent link: https://www.econbiz.de/10011115101
This paper studies tax competition between two countries for an international producer. The international producer chooses where to locate its headquarters and whether to serve the overseas market through exports or foreign direct investment (FDI) and local supply. We show that, in the absence...
Persistent link: https://www.econbiz.de/10005487427
royalty income of multinationals. We develop a model of heterogeneous firms subject to financing frictions and offshoring of … organizational choice between direct investment and outsourcing. Although it raises tax revenue and welfare in the headquarter …
Persistent link: https://www.econbiz.de/10005011774
Outsourcing of labor intensive activities challenges the welfare state and undermines the protection of low … results are: (i) Social insurance props up wages, leading to more outsourcing and unskilled unemployment. (ii) Redistribution … from the skilled to the working poor acts as a wage subsidy to unskilled workers, thereby reducing gross wages, outsourcing …
Persistent link: https://www.econbiz.de/10005063505
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10011115722
Persistent link: https://www.econbiz.de/10011167084
Persistent link: https://www.econbiz.de/10011167089