Now showing items 1-10 of 116
Taxes, Tariffs, and the Global Corporation
(1990-09)
In this paper we develop some simple models of optimal tax and tariff policy in the presence of global corporations that operate in an imperfectly competitive environment. The models emphasize two important differences in ...
Some Economists of the Internet
(1993-05)
This is a preliminary version of a paper prepared for the Tenth Michigan Public Utility Conference at Western Michigan University March 25-27, 1993. We describe the history, technology and cost structure of the Internet. ...
The Anticipated Sectoral Impact of the Canada-United States Free Trade Agreement: An Event Study Analysis
(1991-03)
In this paper, a stock market event study is employed to investigate investors' expectations about the consequences of the Canada-U. S. Free Trade Agreement for manufacturing industries in Canada. The author finds that ...
The Welfare Effects of Forbidding Discriminatory Discounts: A Ssecondary Line Analysis of Robinson-Patman
(1993-10)
We examine the welfare effects of forbidding price discrimination in intermediate goods markets when firms can bargain over terms of their nonlinear supply contracts. In particular, our focus is on secondary line injury ...
How Robust are Sign and Rank Order Tests of the Heckscher-Ohlin-Vanek Theorem?
(1991-01)
The present paper will concentrate on four different rank order and two different sign propositions of the HOV model, which have, at various times, all been the subject of empirical analysis in the literature, and it will ...
Vertically Related Markets and Protectionist Pressure Under Unfair Trade Laws
(1990-12)
The central purpose of this paper is to analyze endogenous protection-seeking activity under the institutional foundation set by unfair trade laws.
Trade Structure, Economic Development and International Transactions in Services
(1991-03)
The goal of this paper is to investigate the empirical significance of trade in services for countries with different levels of economic development. Data are presented that characterize the relative importance of trade ...
Tolerance of Arrearages: How IMF Loan Policy Can Affect Debt-Reduction
(1990-07)
A model of bargaining with asymmetric information is applied to the case of sovereign debt and IMF intervention. Debtors and creditors are assumed to bargain over the "price" to be paid by the debtors for their outstanding ...
Electoral Systems, Legislative Process and Income Taxation
(1994-09)
We examine the effects that political institutions, i.e. electoral systems and legislative processes, have on income taxation and public good allocation. We characterize the equilibrium income tax schedules and the ...