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Trade and Investment under Policy Uncertainty:Theory and Firm Evidence
Investment Trade Uncertainty Policy Agreements
2015/9/22
Using a dynamic, heterogeneous firms model with sunk costs of exporting we show that: (i) investment and entry into export markets is reduced when trade policy is uncertain and (ii) credible preferent...
Policy Uncertainty, Trade and Welfare:Theory and Evidence for China and the U.S.
Policy Uncertainty Trade Welfare China the U.S.
2015/9/22
We examine the impact of policy uncertainty on trade and real income through firms’ export investments in general equilibrium. We quantify the trade policy causes and welfare effects of China’s export...
Provide first evidence on link between managerial competence
and export performance to inform underlying mechanisms
Exploit unique data on management practices, balance sheets, and
comprehensive ...
Poverty and Crime:Evidence from Rainfall and Trade Shocks in India
Rainfall Weather Crime Trade Liberalization Crime and Corruption Poverty India
2015/4/29
Does poverty lead to crime? We shed light on this question using two independent and exogenous shocks to household income in rural India: the dramatic reduction in import tariffs in the early 1990s an...
The Benefits of Selective Disclosure:Evidence from Private Firms
Finance Equity Private Companies Corporate Cash Hoarding Precautionary Motives Share Issuance IPOs
2015/4/29
I investigate an unexplored benefit of being privately-held: Non-SEC-filing private firms' ability to disclose confidential information to selected investors minimizes the scope for information asymme...
We use highly disaggregated data on trade in capital goods to study differences in the price of capital across countries. This strategy is motivated by the fact that most countries import the bulk of ...
Are Patent Laws Harmful to Developing Countries? Evidence from China
Patent law Intellectual Property Rights TRIPS TFP Growth
2015/1/22
Has upgrading and enforcing its patent laws slowed China’s economic growth? The answer we draw from detailed analysis of provincial aggregate data covering roughly the period 1990 through 2007 is stro...
Election Goals and Income Redistribution: Recent Evidence from Albania
Election Goals ncome Redistribution
2014/3/24
Election Goals and Income Redistribution: Recent Evidence from Albania。
CHALLENGING US COUNTRY OF ORIGIN LABELLING AT THE WTO: THE LAW, THE ISSUES AND THE EVIDENCE
CHALLENGING US COUNTRY ORIGIN LABELLING WTO THE LAW, THE ISSUES THE EVIDENCE
2014/4/11
On March 16, 2009 the long-anticipated US mandatory country of origin labelling (COOL) legislation came into effect. Canada and Mexico believe that the provisions of the COOL constitute a disguised ba...