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The Political Economy of International Regulatory Cooperation
We examine international regulatory agreements that are negotiated under lobbying pressures from producer groups. The way in which lobbying influences the cooperative setting of regulatory policies, as well as the welfare impacts of international ...
G. Maggi, Ralph Ossa
semanticscholar +1 more source
Sovereign Risk and Bank Lending: Theory and Evidence from a Natural Disaster
We quantify the sovereign-bank doom loop by using the 1999 Marmara earthquake as an exogenous shock leading to an increase in Turkey’s default risk. Our theoretical model illustrates that for banks with higher exposure to government securities, a higher ...
Vivian Z. Yue+3 more
semanticscholar +1 more source
This study seeks to analyze the impact of investment in road, rail, and port infrastructure on Angola’s exports growth, using imports and GDP per capita as control variables. This study uses annual data for the period 2000-2020.
Pedro Manuel Campos
semanticscholar +1 more source
This paper documents a significant association between the exposure of an individual or area to the UK government’s austerity-induced welfare reforms begun in 2010, and the following: the subsequent rise in support for the UK Independence Party, an ...
Thiemo Fetzer
semanticscholar +1 more source
This paper studies the impact of a regional free trade agreement, MERCOSUR, on technology upgrading by Argentinean firms. To guide empirical work, I introduce technology choice in a model of trade with heterogeneous firms.
P. Bustos
semanticscholar +1 more source
impact of regional trade agreements on bilateral trade flows: A Systemic Literature Review
This paper reviews the theoretical and empirical literature on the impact of regional trade agreements on trade. The empirical literature is arranged based on the econometricmethods used to estimate the gravity model. Advantages and disadvantages of each
Sibulele Mchani
semanticscholar +1 more source
International Friends and Enemies
We examine whether, as countries become more economically dependent on a trade partner, they realign politically toward that trade partner. We use network measures of economic exposure to foreign productivity growth derived from the class of trade models
Benny Kleinman, Ernest Liu, S. Redding
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The Political U: New Evidence on Democracy and Income
IZA DP No. 15598 SEPTEMBER 2022 The Political U: New Evidence on Democracy and Income* This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between
N. Campos, F. Coricelli, Marco Frigerio
semanticscholar +1 more source
Downstream Suppliers’ Business Cycle Co-movement in Asian Value Chains
This study assessed the bilateral business cycle co-movement between the individual downstream suppliers (Association of Southeast Asian Nations) and upstream supplier (China and Japan) in Asian value chain.
Siow Hui Sian+3 more
semanticscholar +1 more source
This article intends to investigate the non-linear relationship between government spending and terms of trade volatility in the selected East Asian and Southeast Asian countries. According to the Rodrik's compensation hypothesis, government spending and
Hajra Ihsan, A. Rashid, Komal Shehzadi
semanticscholar +1 more source