Colonial wars and trade restrictions: Fighting for exclusive trading rights
Abstract This paper develops a model of colonial wars and trade restrictions, in which two metropolises compete for control over a colony's trade policy. In equilibrium, the metropolis that gains control can improve its terms of trade by restricting its rival's access to colonial trade.
Ivan G. Lopez Cruz, Gustavo Torrens
wiley +1 more source
Budding enrollment: The impact of cannabis policy on US colleges and universities
Abstract We examine how liberalized recreational marijuana laws have affected freshmen enrollment and science, technology, engineering, and math (STEM) major choice using difference‐in‐differences and event study models. Estimates indicate near‐zero initial enrollment growth as schools substituted between in‐state and out‐of‐state students.
Joshua H. Hess, Danna Thomas
wiley +1 more source
Trade liberalization and tuberculosis incidence: a longitudinal multi-level analysis in 22 high burden countries between 1990 and 2010. [PDF]
Bozorgmehr K, San Sebastian M.
europepmc +1 more source
Regional Trade Agreements and International R&D Spillovers: Implications for Developing Countries
ABSTRACT We provide new evidence on heterogeneous international research and development (R&D) spillovers from partners of regional trade agreements (RTAs) and non‐partners using a sample of 45 economies in the period 1995–2017. We construct separate R&D stocks for RTA partners and non‐partners and find that spillovers from RTA partners are stronger ...
Yukiko Sawada, Rinki Ito, Naoto Jinji
wiley +1 more source
Exploring the divergence of rare earth trade networks with a global simulation model. [PDF]
Han Y +7 more
europepmc +1 more source
Infrastructure expansion, tourism and electoral outcomes
Abstract This paper examines the electoral impact of economic growth through increased foreign tourism using data from Croatia. To identify causal effects, the paper applies an instrumental variable strategy, which uses variation in the ruggedness of the local terrain to estimate the network of least‐cost paths.
Adrian Mehic
wiley +1 more source
The impact of export shocks on child health: evidence from China. [PDF]
Zhang YT, Mashevskaya OV, Wang XZ.
europepmc +1 more source
Spanish stock returns, growth, and inflation, 1900–2020
Abstract This paper studies equity returns in the Madrid Stock Exchange and their connections with the macroeconomy from the emergence of a stock market around 1900 to its ‘big bang’ at the turn of the twenty‐first century. Using high‐quality data from primary sources and the methodology of the modern IBEX35 (published since 1987), we constructed an ...
Stefano Battilossi +2 more
wiley +1 more source
Speculation in the United Kingdom, 1785‒2019
Abstract Speculation has long been thought to have significant economic effects, but it is difficult to measure, making it challenging to examine these effects empirically. In this paper we measure speculation in the United Kingdom since 1785 by using business and financial reporting in The Times newspaper.
William Quinn +2 more
wiley +1 more source
How has the global food governance system evolved, and what challenges does it currently pose for food systems transformation? A narrative review and synthesis of the literature. [PDF]
Slater S +4 more
europepmc +1 more source

