Showing 1 - 10 of 56
Open access, competitive exploitation can be incredibly damaging to valuable resources and the human populations that depend upon them. Even though wealth, resource rents and stocks are at stake, open access often seems to be ineffectively addressed across time and space. Institutions vary....
Persistent link: https://www.econbiz.de/10014468221
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. We use a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of quality...
Persistent link: https://www.econbiz.de/10014226112
This paper studies the macroeconomic effects of energy price shocks in energy-importing economies using a heterogeneous-agent New Keynesian model. When MPCs are realistically large and the elasticity of substitution between energy and domestic goods is realistically low, increases in energy...
Persistent link: https://www.econbiz.de/10014337777
We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of Britain's exit from the European Union (Brexit). Our analysis reveals that an increase in the probability of Brexit increases U.K. import price indices by raising the prices of...
Persistent link: https://www.econbiz.de/10014337833
of fentanyl smuggling occurs via legal trade flows, with a positive relationship between state-level imports and drug … smuggling via imports is pervasive and a key determinant of opioid problems …
Persistent link: https://www.econbiz.de/10014437016
We use the dynamics of U.S. imports across goods in the period around the U.S.-China trade war with a model of exporter …
Persistent link: https://www.econbiz.de/10014486241
the quantity of imports. We investigate the impact of an import constraint on inflation, following an increase in domestic …
Persistent link: https://www.econbiz.de/10014468272
given level of exposure to imports from China, we find no evidence that minority workers are relatively more harmed than …
Persistent link: https://www.econbiz.de/10013462694
We use Belgian data on domestic firm-to-firm transactions and ask how the measurement of the share of imports in final … substantially affect the measurement of the share of imports in final consumption. However, using the national IO tables alone may … understate the share of imports in final consumption and, thereby, the gains from trade …
Persistent link: https://www.econbiz.de/10013537782
We build a general equilibrium production-based asset pricing model with heterogeneous firms that jointly accounts for …
Persistent link: https://www.econbiz.de/10013388859