Narrow search
Showing 1 - 10 of 97
Cover Image
World Market Access of Emerging-Market Firms: The Role of Foreign Ownership and Access to External Finance
Raff, Horst; Trofimenko, Natalia - CESifo - 2013
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. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10010681216
Cover Image
Ethnic Favoritism: An Axiom of Politics?
Luca, Giacomo De; Hodler, Roland; Raschky, Paul A.; … - CESifo - 2015
We investigate the prevalence and determinants of ethnic favoritism, i.e., preferential public policies targeted at the political leader’s ethnic group. We construct a panel dataset of 2,022 ethnographic regions from 139 countries with annual observations from 1992 to 2012, and use nighttime...
Persistent link: https://www.econbiz.de/10011167133
Cover Image
Social Preferences and Portfolio Choice
Riedl, Arno; Smeets, Paul - CESifo - 2013
and link them to behavior in a controlled experiment and to survey responses. We show that social preferences rather than …
Persistent link: https://www.econbiz.de/10010734704
Cover Image
What You Ask is What You Get: Willingness-to-Pay for a QALY in Germany
Ahlert, Marlies; Breyer, Friedrich; Schwettmann, Lars - CESifo - 2013
We report results of a survey of a representative sample of the German population in which respondents were asked in … survey exactly copied the setting (online survey) and the questionnaire used in the EuroVaQ project, in the second version … the hypothetical nature of the questions was emphasized more strongly, and the survey was conducted as a computer …
Persistent link: https://www.econbiz.de/10010659184
Cover Image
Dynamics and Time Scope of Post War Recovery Required for Compensating Civil War Economic Losses
Nam, Chang Woon; Schumacher, Jan - CESifo - 2013
Civil war is often caused by poverty, and further demolishes existing capital. Such a vicious circle is detrimental for economic development of countries experiencing civil war. Civil war may also contribute to creative destructions of traditional economic, social and political system, leading...
Persistent link: https://www.econbiz.de/10010690376
Cover Image
Credit Shocks and Macroeconomic Fluctuations in Emerging Markets
Romain, Houssa; Mohimont, Jolan; Otrok, Chris - CESifo - 2013
In this paper, we examine the role of global and domestic credit supply shocks in macroeconomic fluctuations for Emerging Markets. For this purpose, we impose a set of zero and sign restrictions within a medium-scale Bayesian Vector Auto-Regressive model. Quarterly data from South Africa and G-7...
Persistent link: https://www.econbiz.de/10010668472
Cover Image
Fiscal Policy During Business Cycles in Developing Countries: The Case of Africa
Leibfritz, Willi; Rottmann, Horst - CESifo - 2013
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010718528
Cover Image
Hidden Protectionism? Evidence from Non-tariff Barriers to Trade in the United States
Grundke, Robert; Moser, Christoph - CESifo - 2014
Are product standards protectionism in disguise? This paper estimates the costs of non-compliance with U.S. product standards, using a new database on U.S. import refusals from 2002 to 2012. We find that import refusals significantly decrease exports to the United States. This trade reducing...
Persistent link: https://www.econbiz.de/10011103394
Cover Image
Payment Choice in International Trade: Theory and Evidence from Cross-country Firm Level Data
Hoefele, Andreas; Schmidt-Eisenlohr, Tim; Yu, Zhihong - CESifo - 2013
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/10010877930
Cover Image
Universal Intellectual Property Rights: Too Much of a Good Thing?
Auriol, Emmanuelle; Biancini, Sara; Paillacar, Rodrigo - CESifo - 2013
This paper studies the incentives that developing countries have to protect intellectual properties rights (IPR). On the one hand, free-riding on rich countries technology reduces their investment cost in R&D. On the other hand, firm that violates IPR cannot legally export in a country that...
Persistent link: https://www.econbiz.de/10010670798