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We study a policy game between exporting and importing countries in vertically linked industries. In a successive international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between exporting and importing countries, and horizontally,...
Persistent link: https://www.econbiz.de/10013318612
Many innovation and industrial policy documents assign significant growth potential to "smart standardisation". The aim of this contribution is to discuss the complexity of standardisation as a policy instrument beyond the catchphrase. We derive implications on policies from the underlying...
Persistent link: https://www.econbiz.de/10013005982
large reductions in import tariffs as an exogenous shock to the competitive environment, I also find that increased foreign …
Persistent link: https://www.econbiz.de/10012851600
A large body of literature in International Economics has analysed the impact of increased import competition on … labour costs (-1.4%/year) and less favourable exchange rates (-2.0%/year). By far the most important determinant of export … period. Our results also indicate that China's impact on Italian export performance is small and if anything positive. Much …
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This study examines barriers to entry in the South African retail banking informed by Capitec's experiences as an entrant. In some ways Capitec's experience is exceptional. It surged ahead early attempts to bank the excluded from banks such as Ubank (former Teba Bank) and the Mzansi initiative....
Persistent link: https://www.econbiz.de/10012999596
This paper analyses the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis. It provides four key insights. First, product market reforms...
Persistent link: https://www.econbiz.de/10011577820
We exploit contract-level data on approved and rejected small-business loans to assess the impact of a new credit registry in Bosnia and Herzegovina. Our findings are threefold. First, mandatory information sharing tightens lending at the extensive margin as loan officers reject more...
Persistent link: https://www.econbiz.de/10013004696