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Geography, Trade Patterns, and Economic Policy

Asilis, Carlos M. - 1994

This paper presents a geographical theory of location and interregional trade. Location is treated as an endogenous … compensating-differential theory of regional unevenness, (2) the theoretical formulation of a gravity theory of trade patterns, (3 …

Persistent link: https://www.econbiz.de/10014398752

Evolution of the global financial network and contagion : a new approach

Korniyenko, Yevgeniya; Patnam, Manasa; Del Rio-Chanona, … - 2018

multilayer network framework is applied to link debt and equity exposures across countries. Use of this approach-that examines … of financial contagion.The structure of the global financial network has changed since the global financial crisis … and contagion remain similar in that network is highly susceptible to shocks from central countries and those with large …

Persistent link: https://www.econbiz.de/10011852664

Structural Reforms and Regional Convergence

Spilimbergo, Antonio - 2012

Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial development, trade/current account openness, better institutional infrastructure, and selected labor market reforms facilitate regional convergence. However, these reforms have...

Persistent link: https://www.econbiz.de/10014396616

The Art of Making Everybody Happy : How to Prevent a Secession

Le Breton, Michel - 2001

In this paper we consider a model of the country with heterogeneous population and examine compensation schemes that may prevent a threat of secession by dissatisfied regions. We show that horizontal imbalances are combatable with secession-proof compensation schemes that entail a degree of...

Persistent link: https://www.econbiz.de/10014399596

Regional Disparities and Transfer Policies in Russia : Theory and Evidence

Dabla-Norris, Era - 2001

In this paper we examine economic disparities across regions in Russia and offer a theoretical treatment of various transfer rules between different regions. We analyze the principle of partial equalization, which implies that the more depressed regions should be subsidized by the more...

Persistent link: https://www.econbiz.de/10014401353

International trade and corporate market power

Gonzalez-Garcia, Jesus; Yang, Yuanchen - 2020

This paper examines the effect of international trade on corporate market power in emerging market economies and developing countries, with a special focus on sub-Saharan Africa. The analysis is based on a large firm-level dataset, tariff data by sector and agreggate indicators of international...

Persistent link: https://www.econbiz.de/10012299347

Fair and inclusive markets : why dynamism matters

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

a high level of competition. What a country produces and how much it competes domestically and internationally are …

Persistent link: https://www.econbiz.de/10012517949

Bank Competition and Financial Stability : A General Equilibrium Exposition

Lucchetta, Marcella - 2011

technology exhibits increasing returns to scale, or it is relatively efficient, then perfect competition is optimal and supports …, or is relatively inefficient, then imperfect competition and intermediate levels of bank risks are optimal. These results …

Persistent link: https://www.econbiz.de/10014397097

Banking Competition and Capital Ratios

Cihák, Martin - 2007

We use data for more than 2,600 European banks to test whether increased competition causes banks to hold higher … when controlling for the degree of concentration in banking systems, inter-industry competition, characteristics of the …

Persistent link: https://www.econbiz.de/10014399527

Competitiveness and wage bargaining reform in Italy

Kangur, Alvar - 2018

The growth of Italian exports has lagged that of euro area peers. Against the backdrop of unit labor costs that have risen faster than those in euro area peers, this paper examines whether there is a competitiveness challenge in Italy and evaluates the framework of wage bargaining. Wages are set...

Persistent link: https://www.econbiz.de/10011848157