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Trade, insecurity, and the costs of conflict

Garfinkel, Michelle Robin; Skaperdas, Stergios; … - 2022

Typically, economics assumes that property rights over productive resources or goods are perfectly defined and costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In this paper, we examine how international trade regimes...

Persistent link: https://www.econbiz.de/10013419262

Inequality, Openness, and Growth through Creative Destruction

Jäggi, Adrian; Schetter, Ulrich; Schneider, Maik T. - 2021

We examine how inequality and openness interact in shaping the long-run growth prospects of developing countries. To …. We show that inequality affects growth very differently in an open economy as opposed to a closed economy: If the economy … is close to the technological frontier, the positive demand effect of inequality on growth found in closed-economy models …

Persistent link: https://www.econbiz.de/10013244297

Technology Upgrading, Exporting and Heterogeneous Firms

Ferguson, Shon M. - 2011

Empirical evidence shows that R&D spending is highly correlated with firm productivity, highly concentrated among large firms, and responsive to trade liberalization. This paper develops a model of product upgrading with heterogeneous firms that captures these characteristics by allowing firms...

Persistent link: https://www.econbiz.de/10013129071

Endogenous enforcement of intellectual property, North-South trade, and growth

Schäfer, Andreas; Schneider, Maik T. - 2011 - This version: August 2011

level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the … between the two shrinks with relative market size. While growth rates substiantially increase when IPR-enforcement is …

Persistent link: https://www.econbiz.de/10009312504

Endogenous enforcement of intellectual property, North-South trade, and growth

Schäfer, Andreas; Schneider, Maik T. - 2011 - This version: August 2011

Persistent link: https://www.econbiz.de/10009244152

Endogenous Enforcement of Intellectual Property, North-South Trade, and Growth

Schäfer, Andreas - 2013

Persistent link: https://www.econbiz.de/10013092583

International trade and transnational insecurity : how comparative advantage and power are jointly determined

Garfinkel, Michelle Robin; Skaperdas, Stergios; … - 2009

We augment the canonical neoclassical model of trade to allow for interstate disputes over land, oil, water, or other resources. The costs of such disputes in terms of arming depend on the trade regime in place. Under either autarky or free trade, the larger country (in terms of factor...

Persistent link: https://www.econbiz.de/10003850881

Arming in the Global Economy : The Importance of Trade with Enemies and Friends

Garfinkel, Michelle R. - 2019

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...

Persistent link: https://www.econbiz.de/10012892081

International Trade and Stable Resolutions of Resource Disputes

Garfinkel, Michelle R.; Syropoulos, Constantinos - 2022

We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset ﬁrst arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...

Persistent link: https://www.econbiz.de/10014243081

Perfect Competition and Endogenous Comparative Advantage

Durkin, John T. - 2001

patterns and the effect of trade patterns on rates of innovation and growth. The main result is that the dynamic effects of …

Persistent link: https://www.econbiz.de/10014076208

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