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In models of monopolistic competition with a single factor of production, imposition of tariff can lead (paradoxically) to a drop in the aggregate price index of the import competing sector. The present model first introduces an internationally mobile capital in such a set up. It is found that...
Persistent link: https://www.econbiz.de/10011107959
, tariffs may fail to protect, leading to a Metzler Paradox like situation. This is because the income effect generated due to …
Persistent link: https://www.econbiz.de/10011108357
is twenty three times easier to enter those markets for a Southern country exporter in 2006 than in 1980. While tariffs …
Persistent link: https://www.econbiz.de/10009404630
We examine the implications of a customs union (CU) on the pattern of tariffs, welfare and the prospects for free trade …
Persistent link: https://www.econbiz.de/10008565956
This study investigates the effects of stronger intellectual property rights (IPR) protection in the South on innovation, skills choice, wage inequality and patterns of production based on a North-South general-equilibrium model with foreign direct investment (FDI) and international outsourcing....
Persistent link: https://www.econbiz.de/10011110234
This paper examines the investment and welfare effects of a preferential trading area (PTA) on member and non-member countries when countries differ in their relative size. I numerically solve a three-country and two-good model to characterize equilibria pertaining to investment diverting and...
Persistent link: https://www.econbiz.de/10005052177
The paper investigates whether the self-selection hypothesis and other predictions from the heterogeneous-firms trade models can explain the export participation patterns for Dutch firms in manufacturing and services. The results provide strong support for the self-selection hypothesis,...
Persistent link: https://www.econbiz.de/10008532149
This paper investigates how firms' demand uncertainty with capacity constraints and their productivity heterogeneity affect their making-or-buying organizational choices in a general equilibrium framework with incomplete contracts. It shows that a final-good producer may adopt integrating a part...
Persistent link: https://www.econbiz.de/10009401075
This paper provides the first evidence about pure exporters (i.e., firms exporting all of their output to the foreign market) -- a phenomenon overlooked and cannot be explained in the existing literature. It then offers a generalized model of Melitz (2003) for examining the existence and...
Persistent link: https://www.econbiz.de/10008919787
The aim of this work is to find patterns for products included in the customs tariffs of the USA and the EU (composed … indicators and the tariffs. Finally, we establish a comparison between the two regions by examining possible differences and … similarities. The results show a significant difference in the tariffs applied between the USA and the EU, with the USA presenting …
Persistent link: https://www.econbiz.de/10011107286