International Economics Commons^™

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

Susan N. Houseman

No abstract provided.

Eu-China Economic Relations: Interactions And Barriers, Zheng Lu

Zheng Lu (Chinese: 路征)

EU-China economic interactions became more and more frequent in the past decades, nowadays EU and China are main trade partner for each other. This paper analyzed EU-China economic interactions from three dimensions: bilateral governmental interactions, trade and investment flows as well as barriers to trade and investment. Findings show that EU-China close relationship is particularly based on goods trade especially on intra-industrial trade of manufacturing industrial products, and trade imbalance is arising from trade in Machinery and Transport Equipment and Other Manufactured Goods (e.g., Clothing and clothing accessories); This paper also found that there exist a myriad of trade and …

On The Pro-Trade Effects Of Immigrants, Massimiliano Bratti, Luca De Benedictis, Gianluca Santoni

Luca De Benedictis

This paper investigates the causal effect of immigration on trade flows using Italian panel data at the province level. We exploit the exceptional characteristics of the Italian data (the fine geographical disaggregation, the very high number of countries of origin of immigrants, the high heterogeneity of social and economic characteristics of Italian provinces, and the absence of cultural or historical ties) coupled with the use of a wide set of fixed effects and an `instrument' based on immigrants' enclaves. We find that immigrants have a significant positive effect on both exports and imports, but much larger for the latter. The …

That Is The Story Of A Hurricane: Within Country Impacts Of Extreme Weather Events, Martino Pelli, Jeanne Tschopp

Martino Pelli

In this paper, we consider the within-country, across-product impacts of hurricanes on export growth. While hurricanes are thought to exert large costs in terms of development on countries who bare the brunt of such events, there is little consensus on the literature to back up these claims. We argue that one reason for this is that the existing literature fails to take into account the potential for hurricanes to have differential impacts across products (or industries). We show that one important source of heterogeneity is a country’s comparative advantage and demonstrate, using a triple-difference identification strategy, that product lines with …

Can A Unilateral Carbon Tax Reduce Emissions Elsewhere?, Joshua Elliott, Don Fullerton

Don Fullerton

One country or sector that tries to reduce greenhouse gas emissions may fear that other countries or sectors will get a competitive advantage and increase emissions. Computable general equilibrium (CGE) models such as Elliott et al (2010a,b) indicate that 15% to 25% of abatement might be offset by this “leakage.” Yet the Fullerton et al (2012) simple two-sector analytical general equilibrium model shows an offsetting term with negative leakage. In this paper, we use a full CGE model with many countries and many goods to measure effects in a way that allows for this negative leakage term. We vary elasticities …

Negative Leakage, Kathy Baylis, Don Fullerton, Daniel H. Karney

Kathy Baylis

Our analytical general equilibrium model solves for effects of a small increase in carbon tax on leakage - the increase in emissions elsewhere. Identical consumers buy two goods using income from endowments that are mobile between sectors. Usually an increase in one sector's tax raises output price, so consumption shifts to the other good, causing positive leakage. Here, we find a new negative effect not recognized in existing literature: the taxes sector substitutes away from carbon into clean inputs, so it may absorb resources, shrink the other sector and reduce their emissions. This "abatement resource effect" could offset some or …

Leakage, Welfare, And Cost-Effectiveness Of Carbon Policy, Kathy Baylis, Don Fullerton, Daniel H. Karney

Don Fullerton

We extend the model of Fullerton et al (2012) to explore cost-effectiveness of unilateral climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the welfare cost of the emissions tax or permit scheme. Whereas that prior paper solves for changes in emissions quantities and finds that leakage maybe negative, we show here that all cases with negative leakage in that model are cases where a unilateral carbon tax results in a welfare loss. With positive leakage, however, a unilateral policy can improve welfare.

Slides - Africa In The World Trade Network, Luca De Benedictis

Luca De Benedictis

Here you find the slides of the presentation of the paper Africa in the World Trade Network held in Lausanne University at ETSG 2010, September 10th 2010

Africa In The World Trade Network, Luca De Benedictis

Luca De Benedictis

Openness, Lobbying, And Provision Of Infrastructure, Ujjayant N. Chakravorty, Joy Mazumder

Ujjayant Chakravorty

Casual empirical evidence suggests that infrastructure provision is higher in economies that are open to world trade. We develop a model of imperfect competition to show that open economies are likely to provide more infrastructure than closed economies. If infrastructure is financed by taxing a producer lobby, the open economy will overprovide while the closed economy will underinvest; an open economy approaches optimal provision when this lobby group is small in size. If financing of infrastructure is done by taxing the whole population, the closed-economy outcome may be preferred relative to that of the open economy.

The Trade-Induced Effects Of The Services Directive And The Country-Of-Origin Principle, Roland De Bruijn, Henk Lm Kox, Arjan Lejour

Henk LM Kox