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protectionist sentiments. In other words, robust competition enhances domestic prosperity and international competitiveness, which …It may seem obvious that good trade policy can promote competition. That is, by opening up a domestic economy to … the other hand, although it may appear less obvious, good competition policy can be a means for fostering good trade …
Persistent link: https://www.econbiz.de/10013007674
boutique fuels and power, and allowing energy firms to restrict output and raise prices without fear of competition … standards. These standards take identical commodities — barrels of oil or kilowatt-hours of electricity — and differentiate them …. And it offers recommendations for how competition and energy regulators can work together to ensure that energy standards …
Persistent link: https://www.econbiz.de/10012851952
This doctoral thesis explores the impact of socioeconomic behaviour and foreign policy changes by international law on economic growth factors. The study investigates the ways in which changes in socioeconomic behaviour and foreign policy can affect economic growth, and the role that...
Persistent link: https://www.econbiz.de/10014354885
The objective of this study is to enhance the understanding of inflation targeting tools, which can aid in the development of effective inflation targeting policies in the context of global trends exposure. The current paradigm of sustainable economic development is being challenged by the...
Persistent link: https://www.econbiz.de/10014358380
This paper develops a two-country, dynamic general equilibrium model with innovation contests to study the impact of globalization on the skill premium and fully-endogenous growth. Higher quality products are endogenously discovered through stochastic and sequential global innovation contests in...
Persistent link: https://www.econbiz.de/10013494330
In this paper we compare the patterns of trade and financial integration by exploiting network analysis. Our results show that, by combining binary and weighted network analysis, it is possible to deliver more precise and thorough insights on the topological structure and properties of the...
Persistent link: https://www.econbiz.de/10010328391
This research paper provides a causality assessment on the linkage between declines in world trade finance and the world trade collapse in the period following the Financial Crisis of 2008 and 2009 as well as the ensuing global trade slowdown. The paper performs Granger Causality tests on two...
Persistent link: https://www.econbiz.de/10012925677
Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural...
Persistent link: https://www.econbiz.de/10012928627
The paper quantifies the impact of the outbreak of the Russo-Ukrainian war on sovereign bond yields for 58 countries. Our findings based on event study methodology and multivariate cross-sectional regression analysis highlight the salient role of trade channel in shaping the markets' reaction to...
Persistent link: https://www.econbiz.de/10015189627
This paper shows that a regional bias resulting from trade integration alters the transmission of a countryś monetary policy by shifting the burden of the exchange rate adjustment towards the less integrated trading partners. I first develop a simple model which illustrates how a concentration...
Persistent link: https://www.econbiz.de/10011490957