Showing 1 - 10 of 899
There are often conflicts between proponents of trade and environmental activists. This paper shows, however, how trade agreements can be designed so as to motivate environmental conservation. I first analyze a standard trade model, where resource exploitation (e.g., deforestation) is a...
Persistent link: https://www.econbiz.de/10014544671
We use the 2018-2019 U.S. trade war to examine how supply chains adjustments to a tariff cost shock affect imports and …
Persistent link: https://www.econbiz.de/10014337835
Supply chain problems, previously relegated to specialized journals, now appear in G7 Leaders' Communiqués. Our paper looks at three core elements of the problems: measurement of the links that expose supply chains to disruptions, the nature of the shocks that cause the disruptions, and the...
Persistent link: https://www.econbiz.de/10014421246
Trade and industrial policies, while primarily intended to support domestic industries, may unintentionally stimulate technological progress abroad. We document this mechanism in the case of rare earth elements (REEs) - critical inputs for manufacturing at the knowledge frontier, with low...
Persistent link: https://www.econbiz.de/10015409910
We investigate the event-based geopolitical shocks from the Russian invasion of Ukraine on selected agricultural and …
Persistent link: https://www.econbiz.de/10014447271
return to Ukraine after the war has ended, are likely to have the greatest impact on long-run scientific productivity in …We discuss the impacts of the Russian invasion on Ukrainian science. Using newly collected data, we show that the war … has already had significant effects on science in Ukraine: research papers produced by Ukrainian scientists declined by …
Persistent link: https://www.econbiz.de/10014322836
This paper empirically examines the effects of financial crises on the organization of production of multinational enterprises. We construct a panel of European multinational networks from 2003 through 2015. We use as a financial shock the increase in risk premia between August 2007 and July...
Persistent link: https://www.econbiz.de/10014287317
We study the role of trade policy in one of the most pressing climate policy challenges that developing countries face: meeting voluntary emission restraints (VERs). To do so, we develop a general equilibrium trade model that extends Caliendo and Parro (2015) in three dimensions. First, we model...
Persistent link: https://www.econbiz.de/10014544737
This study examines the long-term effects of prenatal exposure to war violence on cognitive and developmental outcomes … consistent effects. These results highlight the intergenerational consequences of war conflict, emphasizing the need for …
Persistent link: https://www.econbiz.de/10015195044
We analyze financial market data in order to produce an ex-ante assessment of the economic consequences of war with …'s price provides a plausible estimate of the probability of war. The spot oil price has moved closely with the Saddam Security …, suggesting that war raises oil prices by around $10 per barrel. Futures prices imply that markets expect these large immediate …
Persistent link: https://www.econbiz.de/10012469112