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  • Articles  (12,897)
  • Periodicals Archive Online (PAO)  (12,764)
  • Blackwell Publishers Ltd.  (133)
  • Springer Nature
  • 1995-1999  (2,905)
  • 1960-1964  (9,992)
  • Economics  (12,508)
  • Philosophy  (513)
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  • Articles  (12,897)
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  • 1
    Electronic Resource
    Electronic Resource
    Tariffs as Signals of Uncompetitiveness (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: In this paper, a domestic and a foreign firm compete as Cournot duopolists in the domestic market. The foreign firm has incomplete information about the costs of the domestic firm, but the domestic government and the domestic firm are completely informed. It is shown that the domestic government can use its tariff to signal about the costs of the domestic firm. In the separating equilibrium, the domestic government signals the uncompetitiveness of the domestic firm by setting a lower tariff than is optimal under complete information.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00182
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  • 2
    Electronic Resource
    Electronic Resource
    Universal Dumping of Homogeneous Products (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Contrary to predictions from traditional comparative advantage analysis, a class of models with imperfect competition predicts intra-industry trade in homogeneous goods. Brander and Krugman offer a model with two countries and one firm in each country which generates the outcome that both firms dump into the export market (reciprocal dumping). The present paper determines the extent to which higher dimensionality alters this outcome by introducing a model with several firms in each of several countries. It is shown that dumping is universal. Thus, whenever trade occurs dumping occurs.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00183
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  • 3
    Electronic Resource
    Electronic Resource
    The Nonequivalence of Tariffs and Quotas in a Dynamic Trade Model (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The paper provides a novel (and old) argument for the nonequivalence of tariffs and quotas, based on the famous paper by Hotelling published in 1931. Unlike tariffs, quantitative restrictions are inherently dynamic. As long as the foreign exporter earns positive marginal profits, he raises their present value by frontloading sales. As a result, unlike a tariff, equilibrium with a quota exhibits quantity and price dispersion over time. The dispersion may be significant even with small discount rates.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00184
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  • 4
    Electronic Resource
    Electronic Resource
    Inflationary Finance, Capital Controls, and Currency Substitution (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper studies currency substitution in an environment where agents’ inflation tax-evasive demand for foreign money is balanced by the concern for the possibility that the government may impose economy-wide capital controls under which foreign currency transactions are costly. Under the assumption of endogenous beliefs, the results show a persistent demand for foreign money despite efforts by the government to reduce inflation. In addition, the economy can exhibit multiple, Pareto-ranked steady states with different levels of currency substitution. The stability analysis suggests that the economy converges to the inferior steady state, on the “wrong side” of the Laffer curve.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00185
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  • 5
    Electronic Resource
    Electronic Resource
    Economic Integration and Economic Growth with Science-Pushed Industrial Innovation (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Because the returns to successful industrial research generally enjoy a larger scale economy than that to successful scientific research, this paper shows that while economic integration increases R&D employment, it may not raise the rate of long-run economic growth owing to the shift of resources from basic scientific research to applied industrial research. In the long run, the pool of opportunity created by the former ultimately regulates the efficiency of the latter. The model also suggests a reduced incentive to subsidize basic research as a second factor that may contribute to slower technological progress after economic integration.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00186
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  • 6
    Electronic Resource
    Electronic Resource
    Resolving the Credibility Problem of an Honest Government: A Case for Foreign Investment Subsidy (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: We develop a simple model of direct foreign investment where the host country government cannot credibly signal its honest intention such as to stick to the contracted tax rate. The foreign firm has some prior belief regarding the ex post discretionary policies of the local government. Since the investment is completely irreversible, such a belief pattern might not induce the firm to invest in a country which badly needs it. It is shown that the host government can design a subsidy scheme which might attract foreign investment by removing the credibility problem.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00187
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  • 7
    Electronic Resource
    Electronic Resource
    Saving, Investment, and Capital Mobility in LDCs (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The Coakley, Kulasi, and Smith current-account solvency model (Economic Journal, 1996, pp. 620–7) is used to investigate saving and investment in LDCs. This model implies that saving and investment cointegrate with a unit coefficient irrespective of the degree of capital mobility. Panel and conventional unit-root tests indicate that LDC current accounts are stationary. The Feldstein–Horioka cross-section regression coefficient for LDCs is lower than the corresponding OECD coefficient, indicating different policy responses in these countries rather than higher capital mobility. Finally, adjustment toward solvency is slower in LDCs, reflecting their vulnerability to external shocks and the impact of financial repression.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00188
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  • 8
    Electronic Resource
    Electronic Resource
    Do National Borders Really Matter? Canada–US Regional Trade Reconsidered (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper reconsiders the Canada–US border’s effect on trade. The authors first test whether the findings of McCallum (1995) and Helliwell (1996)—that the border substantially decreases trade—change when better data are used. It is found that the “border effect” may be substantially less than previously measured—up to 50% smaller—but remains surprisingly large. An explanation of the border’s effect is sought. Transportation equipment offers a natural experiment, as North American trade has been completely liberalized for several decades. A higher border effect is found for these freely traded goods, which rules out standard protection as the border effect’s cause.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00158
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  • 9
    Electronic Resource
    Electronic Resource
    On Terms of Trade and Capital Accumulation (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper studies, within an OLG general equilibrium framework, the role of relative factor intensities in determining the relationship between the terms of trade and the capital stock. It shows that a diversified production equilibrium can be characterized by a positive association between these two variables if the investment sector is more labor-intensive and sector technologies are relatively dissimilar. Therefore, capital accumulation and terms-of-trade improvements do not require an import sector growing faster than the export sector when the latter is more capital-intensive. Large Stolper–Samuelson effects on factor incomes drive the results.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00159
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  • 10
    Electronic Resource
    Electronic Resource
    Regional Economic Integration and Article XXIV of the GATT (1999)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Review of international economics 7 (1999), S. 0 
    Details
    ISSN: 1467-9396
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper studies the economic impact of regionalism under the realistic assumptions of constant tariffs and asymmetric bloc formation. As an extension of the Krugman framework, the impact is decomposed into several components, each of which has a clear economic implication. Economic integration definitely worsens outsiders’ welfare even if the external tariffs of the bloc are unraised. Bloc members’ welfare first increases with the expansion of the bloc; but when about half of the world is united into the bloc, welfare begins to decrease. Simulation results shed some light on the incentive structure of major participants, who face various configurations of regional integration.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-9396.00181
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