Social and Behavioral Sciences Commons^™

The Relationship Between Output Variability And Growth: Evidence From Post War U.K. Data, Tony Caporale, Barbara Mckiernan

Tony Caporale

The paper investigates the relationship between output variability and economic growth using a GARCH-M model with industrial production in post-war Great Britain. The data reveals a positive relationship between variability and growth rates.

Islands As `Bad' Geography. Insularity, Connectedness, Trade Costs And Trade, Luca De Benedictis, Anna Maria Pinna

Luca De Benedictis

Currency Wars And The Erosion Of Dollar Hegemony, Lan Cao

Lan Cao

Import Quota Allocation Between Regions Under Cournot Competetion, Abdessalem Abbassi, Lota Tamini, Ahlem Dakhlaoui

abdessalem abbassi

The paper analyzes the impact of import quotas on the welfare of different regions belonging to a single country. The regions compete with one another using Cournot conjectures and international trade is hindered by import quotas. Our results can help the country to determine the optimal import quotas and the best way to allocate import permits between regions. Wefind three mains results. First, we show how the world price, the difference in production costs between regions and the relative market size determine the allocation of import quotas, the interregional trade and the rent of import permits holders. Second, we show …

Reversing Ethiopia's Intellectual Capital Flight, Asayehgn Desta

Asayehgn Desta

Recently, the Ethiopian Government drafted a five year plan (2010 to 2015) to achieve the country’s economic growth. When Ethiopia’s Growth and Transformation plan was analyzed in light of the new growth theory and traced historically in terms of the push and pull factors that contributed to the flight of skilled Ethiopians to more advanced countries, it was found that over the years Ethiopia has funded the education of its nationals only to see them contributing to the growth of developed countries. Being stripped of skilled human capital, leaving it ill prepared to face globalization and survive in the new …

Experimentation And Decentralization In China’S Labor Relations, Eli D. Friedman, Sarosh Kuruvilla

Sarosh Kuruvilla

In this introduction to the special issue ‘Changing work, labour and employment relations in China’, we argue that China is taking an experimental and decentralized approach to the development of new labor relations frameworks. Particular political constraints in China prevent interest aggregation among workers, as the central state sees this as posing a risk to social stability. Firms and local governments have been given a degree of space to experiment with different arrangements, as long as the categorical ban on independent unions is not violated. The consequence has been an increasingly differentiated labor relations landscape, with significant variation by region …

Receiving The Headian Legacy: International Lawyers, South-To-North Resource Transfers, And The Challenge Of International Development, Obiora Chinedu Okafor

Obiora Chinedu Okafor

Written over fifteen years ago by Ivan Leigh Head, a highly distinguished Canadian international lawyer, foreign policy expert, and international development thinker, the words contained in the above quotation point firmly at this great man's analytic incisiveness and hint at the sheer depth of his fairness of mind. For although the net transfer of resources from the much poorer geopolitical "South" to a far richer "North" remains to this day one of the most important obstacles to international development, rarely have the dominant accounts of international development given this phenomenon the pride of place that it surely deserves.

Responsible International Citizenry In The Asian Century: Why Failure To Meet International Obligations Adversely Affects Australian National Interests, Danielle Ireland-Piper

Danielle Ireland-Piper

If Australia is to secure its financial and security interests in the Asian century, then it must build effective working relationship in the Asia-Pacific. To do so, Australia must build familial and not merely transactional relationship in Asia. In turn, this requires Australia to present as a responsible international citizen. This image of responsible citizenry, however, is difficult to achieve when the Australian Constitution permits race-based laws and Australia’s approach to regional asylum seeker management may violate international law. This is because the hypocrisy inherent in non-compliance impedes Australia's capacity to build meaningful relationship in the Asian region. in that …

Sector Inmobiliario Y Debilidad De La Zona Euro, Jaime Luque

Jaime P. Luque

No abstract provided.

On The Strategic Use Of Border Tax Adjustments As A Second-Best Climate Policy Measure, Charles F. Mason, Edward B. Barbier, Victoria Umanskaya

Charles F Mason

No abstract provided.

Cartelizing Taxes: Understanding The Oecd's Campaign Against Harmful Tax Competition, Andrew P. Morriss, Lotta Moberg

Andrew P. Morriss

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 …

The Real Sdr And Indirect Redeemability, Warren Coats

Warren Coats

Parity And Non-Parity Determinants Of Exchange Rates In Latin American Economies, Catherine S.F. Ho, Mohamed Ariff

Mohamed Ariff

This paper reports how non-parity fundamental factors together with parity factors are correlated with exchange rate movements. Seven Latin American countries were included in this study using a selection criterion that for a pair of countries to be included, the pair must have more than 50 per cent of trade with the group chosen. The econometric methods applied are appropriate to this topic and include pooled time series regression and seemingly unrelated regression. The findings show that there is support for short and long-run effects on exchange rates from inflation and interest rates. We entered non-parity factors suggested in recent …

Endogenous R&D And Intellectual Property Laws In Developed And Emerging Economies, Aniruddha Bagchi, Abhra Roy

Abhra Roy

The incentive of providing protection of intellectual property has been analyzed, both for an emerging economy as well as for a developed economy. The optimal patent length and the optimal patent breadth within a country are found to be positively related to each other for a fixed structure of laws abroad. Moreover, a country can respond to stronger patent protection abroad by weakening its patent protection under certain circumstances and by strengthening its patent protection under other circumstances. These results depend upon the curvature of the R&D production function. Finally, we investigate the impact of an increase in the willingness-to-pay …

Experimentation And Decentralization In China’S Labor Relations, Eli D. Friedman, Sarosh Kuruvilla

Eli D Friedman

In this introduction to the special issue ‘Changing work, labour and employment relations in China’, we argue that China is taking an experimental and decentralized approach to the development of new labor relations frameworks. Particular political constraints in China prevent interest aggregation among workers, as the central state sees this as posing a risk to social stability. Firms and local governments have been given a degree of space to experiment with different arrangements, as long as the categorical ban on independent unions is not violated. The consequence has been an increasingly differentiated labor relations landscape, with significant variation by region …

Getting Through The Hard Times Together? Chinese Workers And Unions Respond To The Economic Crisis, Eli D. Friedman

Eli D Friedman

How do post-socialist unions respond to market crisis? And what are the implications of this response for labor representation? Drawing on literature on post-socialist labor and union democracy, I argue that economic crisis affects not just labor – capital and labor – state relations, but also the relationship between union representatives and workers. Such a dynamic is highlighted by an empirical account of the divergent activities of workers and All-China Federation of Trade Unions (ACFTU) unions in China following the economic crisis of 2008. While the union responded to mass unemployment with an administrative and policy-oriented strategy, workers took to …

Alienated Politics: Labour Insurgency And The Paternalistic State In China, Eli Friedman

Eli D Friedman

Is there a labour movement in China? This contribution argues that China does not have a labour movement, but that contestation between workers, state and capital is best characterized as a form of ‘alienated politics’. Widespread worker resistance is highly effective at the level of the firm be-cause of its ability to inflict losses on capital and disrupt public order. But authoritarian politics in China prevent workers from formulating political demands. Despite the spectacular repressive capacity of the state, the central government has in fact responded to highly localized resistance by passing generally pro-labour legislation over the past decade. The …

Insurgency And Institutionalization: The Polanyian Countermovement And Chinese Labor Politics, Eli D. Friedman

Eli D Friedman

Why is it that in the nearly 10 years since the Chinese central government began making symbolic and material moves towards class compromise that labor unrest has expanded greatly? In this article I reconfigure Karl Polanyi's theory of the countermovement to account for recent developments in Chinese labor politics. Specifically, I argue that countermovements must be broken down into two constituent but intertwined "moments": the insurgent moment that consists of spontaneous resistance to the market, and the institutional moment, when class compromise is established in the economic and political spheres. In China, the transition from insurgency to institutionalization has thus …

The Power Of The Brics In World Trade And Growth, Analysing The Macroeconomic Impacts Within And Across The Bloc, Ahmed Khalid

Ahmed Khalid

Extract: The BRICS is a composition of five emerging economies: Brazil, Russia, India, China and South Africa. The five countries together represent about 42 per cent of the world's population, over 24 per cent of all land, and about 20 per cent of the world's total GDP, contributing a combined nominal GDP of more than US$14.9 trillion. Over the past decade trade between the BRICS and other regions such as North America, the EU and Japan has surpassed the US$2 trillion mark. Trade within the BRICS countries is growing at an average of 28 per cent per annum, reaching more …

The Sfa Business Review Vol. 3 No. 2, M. Dudley Stewart, Janelle C. Ashley, John D. Whitt, Marlin C. Young, Ralph White

Ralph E. White

No abstract provided.

Navigating The Expanding Universe Of International Treaties On Foreign Investment-- Creation And Use Of A Critical Index, Julien Chaisse

Julien Chaisse

Full Employment Requires Job Growth In Manufacturing, Reduction In Trade Deficit / Commentary, Susan Houseman, Dean Baker

Susan N. Houseman

No abstract provided.

SubcontratacióN Y MedicióN De La Productividad En La Industria Estadounidense, Susan Houseman

Susan N. Houseman

No abstract provided.

Measuring Offshore Outsourcing And Offshoring: Problems For Economic Statistics, Susan N. Houseman

Susan N. Houseman

No abstract provided.

Offshoring Bias In U.S. Manufacturing, Susan Houseman, Christopher Kurz, Paul Lengermann, Benjamin Mandel

Susan N. Houseman

No abstract provided.

Externalisation, Délocalisations Et Mesurede La Productivité Dans L'Industrieaux Etats-Unis, Susan Houseman

Susan N. Houseman

No abstract provided.

Outsourcing, Offshoring And Productivity Measurement In United States Manufacturing, Susan Houseman

Susan N. Houseman

No abstract provided.

Missing Pieces: A New Report To Congress Details Biases And Gaps In Economic Statistics Resulting From Globalization, Susan N. Houseman

Susan N. Houseman

No abstract provided.

Trade, Competitiveness And Employment In The Global Economy, Susan Houseman

Susan N. Houseman

No abstract provided.

Effects Of Global Competitiveness, Human Development, And Corruption On Inward Foreign Direct Investment, Tamilla Curtis, Dawna L. Rhoades, Tom Griffin

Dr. Tamilla Curtis

The purpose of this paper is to investigate which of Dunning's location-specific advantages of host countries, presented as composite indices for Global Competitiveness, Human Development and Corruption Perception, better predict the level of inward Foreign Direct Investment (FDI). A stepwise multiple regression method was applied on a sample of 129 countries, which was further divided into two subgroups: OECD members and non-OECD members. The study provides evidence that global competitiveness and the level of corruption of the host country are important determinants for inward FDI. For non-OECD countries the Human Development index appears to be an additional FDI determinant. More …