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Articles 1 - 24 of 24
Full-Text Articles in International Economics
Waste Dynamics, Country Heterogeneity And The European Environmental Policy Effectiveness, Massimiliano Mazzanti
Waste Dynamics, Country Heterogeneity And The European Environmental Policy Effectiveness, Massimiliano Mazzanti
Massimiliano Mazzanti
No abstract provided.
Reserve Currency And A Lender Of Next-To-Last Resort: A Literature Review, Alida S. Skold
Reserve Currency And A Lender Of Next-To-Last Resort: A Literature Review, Alida S. Skold
Alida S. Skold
The role of the US dollar as the global dominant reserve currency is eroding. Debate is ongoing regarding next steps. Moving the international monetary system to a single global currency is part of the debate. Literature reviews the eroding role of the US dollar and implications the erosion carries for the US. The Special Drawing Rights developed by the IMF could fill the role of Keynes’ recommended global currency known as the “bancor.” Regardless of the nature of the global reserve currency, access to liquidity is required to have an effective international monetary system. Literature defines a missing layer of …
Paths To Success: Benchmarking Cross-Country Sustainable Tourism, Lucian Cernat, Julien Gourdon
Paths To Success: Benchmarking Cross-Country Sustainable Tourism, Lucian Cernat, Julien Gourdon
Julien Gourdon
Given the complexity of the issues surrounding the concept of sustainable tourism, the current paper tries to provide a unified methodology to assess tourism sustainability, based on a number of quantitative indicators. The proposed methodological framework (Sustainable Tourism Benchmarking Tool – STBT) will provide a number of benchmarks against which the sustainability of tourism activities in various countries can be assessed. A model development procedure is proposed: identification of the dimensions (economic, socio-ecologic, infrastructure) and indicators, method of scaling, chart representation and evaluation on three Asian countries. This application to three countries shows us that a similar level of tourism …
India China Services Trade: Promise Or Predicament?, Suparna Karmakar, Nipika Walia Sharma
India China Services Trade: Promise Or Predicament?, Suparna Karmakar, Nipika Walia Sharma
Suparna Karmakar
India-China bilateral trade has witnessed a huge spurt over the years, and China is now one of India’s largest trading partners. Amid growing trade relations between the two nations, however, increasing trade deficit with China has become a major concern for India. In order to reverse this trend, Indian government is looking at possible solutions, one of which is exploring the bilateral trade prospects in tradable services, a sector in which the country has demonstrated competitive advantage. This paper explores the prospects and challenges for India in garnering a higher market access into the large and nascent domestic services market …
Does Small And Medium Enterprises’ (Smes) Understand The Concept Of Intellectual Property Rights (Ip) On Their Business?:, Johansein L. Rutaihwa Mr.
Does Small And Medium Enterprises’ (Smes) Understand The Concept Of Intellectual Property Rights (Ip) On Their Business?:, Johansein L. Rutaihwa Mr.
Johansein Rutaihwa
No abstract provided.
Ser O No Ser! El Dilema De Paraguay En El Mercosur, Francisco Carlos Ruiz Diaz
Ser O No Ser! El Dilema De Paraguay En El Mercosur, Francisco Carlos Ruiz Diaz
Francisco Carlos Ruiz Diaz
E junio de 2012 el Parlamento paraguayo obtuvo la mayoría para destituir al Presidente Fernando Lugo. En reacción a esta decisión, los Presidentes de Argentina, Brasil y Uruguay, reunidos en la ciudad de Mendoza (Argentina) el 29 de junio del corriente, acordaron suspender al país su derecho de participar en los órganos del MERCOSUR. Esta decisión produjo una indignación generalizada por parte de la sociedad paraguaya. La misma promovió a un nivel, casi dogmático, la discusión sobre la conveniencia de seguir perteneciendo al bloque. En las redes sociales se crearon sitios como las de “Paraguay es Soberano” y “Paraguay Soberano”, …
Regional Integration And Natural Resources: Who Benefits? Evidence From Mena, Céline Carrère, Julien Gourdon, Marcelo Olarreaga
Regional Integration And Natural Resources: Who Benefits? Evidence From Mena, Céline Carrère, Julien Gourdon, Marcelo Olarreaga
Julien Gourdon
This paper is built on Venables (2011) theoretical predictions which show that gains from regional integration are unevenly distributed between resource rich and poor countries. We explore the effects of different integration schemes in Middle East and North Africa. Results suggest that within Pan Arab Free Trade Agreement (PAFTA), there is significant trade creation for resource poor countries associated with regional integration, and no evidence of trade diversion. In resource rich countries, however, there is evidence of pure trade diversion in both resource-rich/labor-abundant countries and resource-rich/labor-importing countries. This underscores the idea that regional integration can help to spread benefits of …
Globalization And Innovation In Advanced Economies, Claudio Fassio, Cristiano Antonelli
Globalization And Innovation In Advanced Economies, Claudio Fassio, Cristiano Antonelli
Claudio Fassio
This chapter analyzes the effects that the international integration of product markets induced by globalization exerts on the direction of technological change at the industry level.
The Economics Of The Light Economy.Globalization, Skill-Biased Technological Change And Slow Growth, Claudio Fassio, Cristiano Antonelli
The Economics Of The Light Economy.Globalization, Skill-Biased Technological Change And Slow Growth, Claudio Fassio, Cristiano Antonelli
Claudio Fassio
The paper provides an interpretative framework and structured empirical evidence of the processes leading to the emergence of a light and slow growth economy in advanced countries. The interpretative framework rests upon the grafting of a) the Schumpeterian hypothesis about the determinants of the rate of technological change with b) the Kuznets approach on the strict complementarity of structural and technological change, and c) the new approach about the direction of technological change biased towards the most intensive use of locally abundant production factors, into d) the dynamic version of the Heckesher-Ohlin analysis of international economics that accounts the introduction …
Bank Credit And Economic Growth: A Dynamic Panel Analysis, Nuno Carlos Leitão
Bank Credit And Economic Growth: A Dynamic Panel Analysis, Nuno Carlos Leitão
Nuno Carlos Leitão
This study examines the link between bank lending and economic growth for European Union (EU-27) for the period 1990 to 2010. We apply a dynamic panel data (GMM-system estimator). This estimator permits to solve the problems of serial correlation, heteroskedasticity and endogeneity for some explanatory variables. As the results show, savings promotes growth. The inflation and bank credit have a negative impact on economic growth as previous studies.
Cartelizing Taxes: Understanding The Oecd’S Campaign Against “Harmful Tax Competition”, Lotta Moberg, Andrew P. Morriss
Cartelizing Taxes: Understanding The Oecd’S Campaign Against “Harmful Tax Competition”, Lotta Moberg, Andrew P. Morriss
Lotta Moberg
Formed in 1961 to promote global economic and social well-being, the Organisation for Economic Co-operation and Development (OECD) has become the collective voice of rich countries on international tax issues. After an initial focus on improving commerce through addressing double taxation issues, the organization shifted to a focus on restricting tax competition and increasing automatic exchanges of tax information. In this paper we analyze the reasons for this shift in policy focus. After describing the history of the OECD’s work on taxation, we examine the OECD’s project against “harmful tax competition” as it has played out since its launch in …
“El Desarrollo Municipal En Tamaulipas Y Su Relación Con La Competitividad, 1990-2010”, Ramiro Esqueda-Walle
“El Desarrollo Municipal En Tamaulipas Y Su Relación Con La Competitividad, 1990-2010”, Ramiro Esqueda-Walle
Ramiro Esqueda-Walle
*Se proporciona texto completo mediante solicitud.resquedaw@uat.edu.mx
*Full text upon request.resquedaw@uat.edu.mx
Smart Stimulus Amid Deepening Debt: Future-Flow Tax Credit Programs, William Werkmeister
Smart Stimulus Amid Deepening Debt: Future-Flow Tax Credit Programs, William Werkmeister
William Werkmeister
No abstract provided.
Child Labor And International Trade, Woody R. Clermont
Child Labor And International Trade, Woody R. Clermont
Woody R Clermont
Advocates of laissez-faire claim that without market restrictions, the equilibrium reached will be economically and thus Pareto efficient under the first fundamental welfare theorem; by contrast, these same advocates contend that an equilibrium allocation under a child-labor ban results in a worsening to welfare. Typically coupled with a ban will be a child education law, which will increase government spending, yet not be welfare improving relative to the laissez-faire equilibrium and which will distort the market. In this sense, mandatory education results in higher human capital and lower wage inequality. This has the odd effect of increasing the wages of …
Market Access And Information Technology Adoption: Historical Evidence From The Telephone In Bavaria, Florian Ploeckl
Market Access And Information Technology Adoption: Historical Evidence From The Telephone In Bavaria, Florian Ploeckl
Florian Ploeckl
Information technology, like the telephone, influences market access; this paper answers the question about a reverse effect, does market access affect information technology, in particular its adoption? Using the historical case of the introduction of the telephone in Bavaria, I demonstrate with a rank, order and stock effects diffusion model how market access affects the diffusion of local telephone exchanges over towns as well as the rate of adoption of telephone lines within towns. The results of a duration analysis show that market access speeds up the diffusion, a spatial correlation specification demonstrates that this is not just a geographic …
Space, Settlements, Towns: The Influence Of Geography And Market Access On Settlement Distribution And Urbanization, Florian Ploeckl
Space, Settlements, Towns: The Influence Of Geography And Market Access On Settlement Distribution And Urbanization, Florian Ploeckl
Florian Ploeckl
The spatial distribution of economic activity is strongly linked to the structure of the urban system. The origin and development of the spatial pattern of this system is separated into two stages, the diffusion of settlements and their potential transition to urban status. The theoretical framework incor porates the influence of geographic characteristics and location interdependence as central mechanisms in both stages. Their relative importance for both is tested empirically with the historical settlement pattern in Saxony as a case study. After investigating with a spatial point process approach how geographic endowments and location interdependence shape the spatial distribution of …
Endowments And Market Access; The Size Of Towns In Historical Perspective: Saxony 1550-1834, Florian Ploeckl
Endowments And Market Access; The Size Of Towns In Historical Perspective: Saxony 1550-1834, Florian Ploeckl
Florian Ploeckl
The spatial concentration of people into towns shapes the population distribution, the factors explaining town size are therefore important determinants on the spatial distribution of people. This paper uses a historical case study, Saxony in 1834, to analyze empirically the relative impact of endowments and agglomeration based on the application of a New Economic Geography model. The model and data allow the analysis of the complete population distribution, from large cities down to the smallest village. The results suggest that location characteristics explain the relative size of settlements, but only 9% of absolute town and 2% of absolute village population. …
Internal Trade And Aggregate Productivity, Trevor Tombe, Jennifer Winter
Internal Trade And Aggregate Productivity, Trevor Tombe, Jennifer Winter
Trevor Tombe
The positive link between international trade and productivity is well established. However, research on magnitude and consequences of internal trade barriers, which inhibit the efficient geographic distribution of production within a country, is limited. Unique Canadian data provides an ideal opportunity to measure the magnitude - and impact on productivity - of barriers to internal trade. Using a flexible, micro-founded approach, we measure internal trade barriers between Canadian provinces. We find between-province trade costs average 30%, rising to nearly 50% in poor regions, net of distance effects. We then adapt a new-trade model to estimate the productivity impact of these …
Output And Interest Rate Volatility As Determinants Of Fdi, Lilia Cavallari, Stefano D'Addona
Output And Interest Rate Volatility As Determinants Of Fdi, Lilia Cavallari, Stefano D'Addona
Lilia Cavallari
This paper examines the role of country-specific sources of output and interest rate volatility in driving FDI activities. Building on a dataset that comprises bilateral FDI flows among 24 OECD economies over the period 1985-2007, we find that output and interest rate volatility mainly act as push factors, i.e. they are more effective in deterring rather than encouraging foreign investments. A rise in host country volatilities does reduce the amount of FDI outflows in the recipient country, even after controlling for the state of the cycle. Source country volatilities, on the contrary, do not have a systematic effect on foreign …
The Dynamics Of Economic And Environmental Efficiency, Massimiliano Mazzanti, Valeria Costantini
The Dynamics Of Economic And Environmental Efficiency, Massimiliano Mazzanti, Valeria Costantini
Massimiliano Mazzanti
http://www.springer.com/economics/environmental/book/978-94-007-5088-3
Aggregation Biases In Environmental Extended Input Output: Evidence From Italy And Spain, Massimiliano Mazzanti
Aggregation Biases In Environmental Extended Input Output: Evidence From Italy And Spain, Massimiliano Mazzanti
Massimiliano Mazzanti
No abstract provided.
On The Green Side Of Trade Competitiveness, Massimiliano Mazzanti
On The Green Side Of Trade Competitiveness, Massimiliano Mazzanti
Massimiliano Mazzanti
No abstract provided.
Eac Integration, Johansein L. Rutaihwa Mr.
Mexico: Illicit Financial Flows, Macroeconomic Imbalances, And The Underground Economy, Dev Kar
Mexico: Illicit Financial Flows, Macroeconomic Imbalances, And The Underground Economy, Dev Kar
Dev Kar
The study traces the evolution of illicit financial flows from Mexico over the 41-year period 1970-2010. While such outflows have increased throughout the four decades, the pace picked up in the post- compared with the pre-NAFTA period. Furthermore, in spite of the somewhat erratic nature of the outflows over time, there is a discernable pattern to these outflows in the years leading up to the macroeconomic crises and their aftermath. We develop a dynamic simulation model that examines the interactions between fiscal developments, monetary expansion, and the generation of inflation on the one hand and on the interactions between the …