Showing 1 - 10 of 142
We analyze the effect of immigrants' legal status on their consumption behavior using unique survey data that samples both documented and undocumented immigrants. To address the problem of sorting into legal status, we propose two alternative identification strategies as exogenous source of...
Persistent link: https://www.econbiz.de/10011444496
While conditions in trade finance markets returned to normality in the main routes of trade, the structural difficulties of poor countries in accessing trade finance have not disappeared - and might have been worsened during and after the global financial crisis. In fact, there is a consistent...
Persistent link: https://www.econbiz.de/10011434595
Using data on Chinese large-scale overseas investment and project contracts by sector, we analyze whether Chinese outward activity (COA) before the crisis worsened or alleviated the contractionary phases in developing countries. We find that, on average, COA did not increase vulnerability to the...
Persistent link: https://www.econbiz.de/10011420791
This paper analyses the causal impact of Intellectual Property Rights (IPR) on pharmaceutical innovation in a panel of 74 countries. The identification strategy exploits the different timing across countries of two sets of IPR reforms. Domestic innovation is measured as citation-weighted...
Persistent link: https://www.econbiz.de/10011509446
This paper analyzes corporate tax-related policies and the difference between them in developed and developing countries. I show that the relationship between financial development and corporate income tax rates as well as the tax administrations' effectiveness follows a U-shaped pattern, a...
Persistent link: https://www.econbiz.de/10012123039
We consider a world economy, in which the global public good "biodiversity" is positively correlated with that share of land which is protected by land-use restrictions against the deterioration of habitats and ecosystems. The willingness-to-pay for biodiversity conservation is positive in...
Persistent link: https://www.econbiz.de/10011587960
outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of …
Persistent link: https://www.econbiz.de/10011800715
This paper analyzes tax competition between countries which differ in their country-specific risk. We show that the outcome of asymmetric tax competition crucially depends on the ability of multinational firms to shift profits. With high costs of profit shifting, higher-risk countries set lower...
Persistent link: https://www.econbiz.de/10011863532
that foreign ownership and access to external finance are statistically significant determinants of the likelihood that a …This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign … ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import …
Persistent link: https://www.econbiz.de/10009772816
When trading, firms choose between different payment contracts. As shown theoretically in Schmidt-Eisenlohr (forthcoming), this allows firms in international trade to optimally trade-off differences in financing costs and enforcement across countries. This paper provides evidence from a large...
Persistent link: https://www.econbiz.de/10009773440