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Currency unions, trade, and heterogeneity
Chen, Natalie; Novy, Dennis - 2018
How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to the effect of currency unions on international trade. While we...
Persistent link: https://www.econbiz.de/10011867116
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Friends without benefits? : new EMU members and the "euro effect" on trade
Mika, Alina; Zymek, Robert - 2017
no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … to extending the sample period to incorporate data up to 2013, covering five additional euro accessions. Third, while … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …
Persistent link: https://www.econbiz.de/10011597238
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The economics of investor protection : ISDS versus national treatment : presented at CESifo Area Conference on Global Economy, May 2015
Kohler, Wilhelm; Stähler, Frank - 2016 - Version of February 16, 2016
This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...
Persistent link: https://www.econbiz.de/10011431559
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US welfare reform : what's relevant for Europe?
Blank, Rebecca M. - 2002
This paper reviews the U.S. welfare reform efforts over the 1990s and the effects of these reforms to date. Seven lessons of potential interest to European observers are discussed, with particular attention to the conclusions of more recent research. Such research indicates, for example, that...
Persistent link: https://www.econbiz.de/10011410428
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Express delivery to the suburbs : the effects of transportation in Europe's heterogeneous cities
Garcia-López, Miquel-Àngel; Pasidis, Ilias; … - 2016
This paper provides evidence for the causal effect of the highway and railway infrastructure on the suburbanization of population in European cities. We adopt different measures of transportation infrastructure and estimate their joint effects on suburbanization using a two-step panel approach....
Persistent link: https://www.econbiz.de/10011415085
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Reflections on the international coordination of carbon pricing
Parry, Ian W. H. - 2016
The efficiency effects of carbon pricing depend on how it impacts distortions in fossil fuel markets, most notably from local air pollution externalities. By offsetting these distortions, carbon pricing may generate significant net economic benefits, so it is in countries own interests to...
Persistent link: https://www.econbiz.de/10011497937
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Globalisation, competitive governments, and constitutional choice in Europe
Breton, Albert; Ursprung, Heinrich W. - 2002
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...
Persistent link: https://www.econbiz.de/10011408984
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Back to Kyoto? : US participation and the linkage between R&D and climate cooperation
Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor; … - 2002
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...
Persistent link: https://www.econbiz.de/10011409394
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Trade, integration, and interregional inequality
Hirte, Georg; Lessmann, Christian - 2014 - This version: April 08, 2014
We study the effect of international trade and freeness of trade (openness) on interregional inequality within countries. We estimate a model derived from a structural economic-geography approach in which interregional inequality depends on weighted trade shares and trade costs. In addition to...
Persistent link: https://www.econbiz.de/10010354797
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VAT compliance, trade, and institutions
Morrow, Peter; Smart, Michael; Świstak, Artur - 2019
We develop a simple structural model of value added tax (VAT) compliance, and estimate it using widely available national accounts data to learn about compliance in countries where little is currently known. International border controls improve VAT compliance, generating a correlation between...
Persistent link: https://www.econbiz.de/10012050792