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Registros recuperados: 17
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Trade Effects of the East African Community AgEcon
Busse, Matthias; Shams, Rasul.
This article evaluates the trade effects of the new East African Community, which fosters trade liberalisation among Kenya, Tanzania and Uganda. The analysis uses a disaggregated approach at the two-digit level of the Standard International Trade Classification. The commodities that will be particularly affected by the customs union are identified. The results show that considerable trade effects cannot be expected, except for a very narrow range of products. The transitional fund, which has been proposed to counter trade imbalances due to the new customs union in East Africa, becomes less urgent from this perspective.
Tipo: Journal Article Palavras-chave: Customs Union; EAC; Kenya; Tanzania; Uganda; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/23870
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Trade and Investment Effects of Forced Labour: An Empirical Assessment AgEcon
Busse, Matthias; Braun, Sebastian.
This paper explores the international economic effects of forced labour, namely the linkages of forced labour with comparative advantage (trade) and foreign direct investment flows. It discusses several forms and the prevalence of forced labour and presents the results of empirical tests of those linkages. The results show that forced labour may enhance the endowment of unskilled labour. It can thus be expected to improve comparative advantage in unskilled-labour-intensive goods, that is, commodities where the impact of forced labour is likely to be felt most strongly. In contrast, foreign direct investment is negatively linked with forced labour. This result even holds for relatively poor developing countries. ZUSAMMENFASSUNG In dem vorliegenden Beitrag...
Tipo: Working or Discussion Paper Palavras-chave: Forced Labour; Trade; Foreign Direct Investment; Cross-Country Regression Framework; International Relations/Trade; Labor and Human Capital; F14; F23; O19.
Ano: 2002 URL: http://purl.umn.edu/26231
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Export Structure, FDI and Child Labour AgEcon
Busse, Matthias; Braun, Sebastian.
The paper addresses the linkage between certain aspects of the increasing economic integration of world markets and the level of child labour. We empirically examine, first, the often-cited conventional wisdom that multinational enterprises invest in countries where the extent of child labour is relatively high and, second, the concern that countries may gain an unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive with respect to the location of their transplants and prefer countries with lower levels of child labour. The opposite outcome applies to child labour and comparative advantage in labour-intensive goods, where we find a statistically significant positive relationship. Based on...
Tipo: Working or Discussion Paper Palavras-chave: Child Labour; Economic Integration; Trade; FDI; International Relations/Trade; Labor and Human Capital; C31; F15; J82.
Ano: 2003 URL: http://purl.umn.edu/26174
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Transaktionskosten und Wettbewerbspolitik AgEcon
Busse, Matthias.
The globalisation of the world economy increases international competition among companies. However, not all industries will be affected by the same extent. The degree of globalisation of an industry will be particularly influenced by the level of transaction costs. Low transaction costs will lead to globalised markets, high transaction costs to segmented markets. On the other hand, one has to consider heterogeneous consumer preferences and product differentiation as two additional factors of influence as well as the fact that transaction costs can only be roughly calculated. If these limitations are kept in mind, transaction costs could be of great importance for competition policy in determining the degree of international competition among firms. Die...
Tipo: Working or Discussion Paper Palavras-chave: Transaction costs; Trade; Competition policy; International Relations/Trade; F00; F13; D23.
Ano: 2001 URL: http://purl.umn.edu/26144
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Preferential Trade Agreements: The Case of EU-Mexico AgEcon
Busse, Matthias; Huth, Matthias; Koopmann, Georg.
The paper evaluates the political and economic incentives to conclude the EU-Mexico Free Trade Agreement (FTA). It discusses EU and Mexican trade policy as well as the multilateral context for FTAs. In addition, using a disaggregated approach at the three-digit Standard International Trade Classification, it identifies the commodities that will be particularly affected by the FTA. The results show that considerable trade effects can be expected in a narrow range of products and that the EU is likely to gain much more than Mexico. In diesem Papier werden die politischen und ökonomischen Anreize zur Vereinbarung des Freihandelsabkommens zwischen der EU und Mexiko bewertet. Dafür werden die europäische und mexikanische Handelspolitik analysiert und der...
Tipo: Working or Discussion Paper Palavras-chave: Free Trade Agreement; European Union; Mexico; International Relations/Trade; F15; F17.
Ano: 2000 URL: http://purl.umn.edu/26269
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Trade Effects of the East African Community: The Model of Verdoorn: Technical Annex AgEcon
Busse, Matthias; Shams, Rasul.
This document is the technical annex to the full paper "Trade Effects of the East African Community" which is available separately.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/23866
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Political Risk, Institutions and Foreign Direct Investment AgEcon
Busse, Matthias; Hefeker, Carsten.
The paper explores the linkages between political risk, institutions and foreign direct investment inflows. Using different econometric techniques for a data sample of 83 developing countries and the period 1984 to 2003, we identify those indicators that matter most for the activities of multinational corporations. Overall, 12 different indicators for political risk and institutions are employed in the empirical analysis. The results show that government stability, the absence of internal conflict and ethnic tensions, basic democratic rights and ensuring law and order are highly significant determinants of foreign investment inflows.
Tipo: Working or Discussion Paper Palavras-chave: Political Risk; Institutions; FDI; Multinational Corporations; Institutional and Behavioral Economics; Political Economy; C31; C 33; F21; F23.
Ano: 2005 URL: http://purl.umn.edu/26388
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Gender Discrimination and the International Division of Labour AgEcon
Busse, Matthias; Spielmann, Christian.
The paper empirically explores the international economic effects of gender discrimination, namely the linkages of gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and the extent of gender discrimination across countries and presents the results of empirical tests of those linkages. The results indicate that gender inequality is positively associated with comparative advantage in unskilled-labour-intensive goods, that is, commodities where the impact of gender bias is likely to be felt most strongly. In contrast, foreign direct investment is negatively linked with gender inequality. These results even hold for relatively poor developing countries.
Tipo: Working or Discussion Paper Palavras-chave: Gender Discrimination; Trade; Comparative Advantage; FDI; Labor and Human Capital; F23; J71; J82; F11.
Ano: 2003 URL: http://purl.umn.edu/26151
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Democracy and FDI AgEcon
Busse, Matthias.
Many believe that multinational enterprises insensitively ignore political rights and civil liberties in the countries of their investments. Frequently, non-governmental organisations accuse multinationals of fostering repressive regimes in developing countries and consider foreign direct investment (FDI) as a tool of exploitation. This paper tries to examine empirically the complex relationship between democracy and FDI in a systematic way, using cross-sectional and panel data analysis. The results indicate that - on average - investments by multinationals are significantly higher in democratic countries, thereby refuting the hypothesis that political repression fosters FDI. Yet this positive link does not hold for the 1970s, when a considerable share of...
Tipo: Working or Discussion Paper Palavras-chave: FDI; Democracy; Political Rights; Civil Liberties; Political Economy; C31; C 33; F21; F23.
Ano: 2003 URL: http://purl.umn.edu/26260
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Competition Intensity, Potential Competition and Transaction Cost Economics AgEcon
Busse, Matthias.
As the process of globalisation of the world economy progresses, the degree of international competition among enterprises increases as well. Yet not all industries or branches are affected to the same extent by this development. One of the most important factors which determine the degree of globalisation of an industry is the level of transaction costs. Whereas low transaction costs tend to result in globalised markets, high transaction costs induce segmented markets. Because they may also indicate the degree of potential competition, transaction costs can be of great importance for competition authorities in the case of corporate mergers and acquisitions. Heterogeneous consumer preferences and product differentiation, as two additional determinants of...
Tipo: Working or Discussion Paper Palavras-chave: Transaction costs; Potential competition; Competition policy; International Relations/Trade; F00; F13; D23.
Ano: 2002 URL: http://purl.umn.edu/26168
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On the Growth Performance of Sub-Saharan African Countries AgEcon
Busse, Matthias.
The article discusses some of the most important reasons for the poor growth performance of most countries in sub-Saharan Africa. While high protection levels in high-income countries in Europe and North America for agricultural trade have been cited as a major impediment for the development of African countries, they are unlikely to play a major role. Rather, a lack of integration into world markets and the relatively poor quality of African institutions are more likely to explain the low growth rates.
Tipo: Journal Article Palavras-chave: Agriculture; Growth; Institutions; Sub-Saharan Africa; Trade; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; International Development; International Relations/Trade; Political Economy; N17; O43.
Ano: 2010 URL: http://purl.umn.edu/93797
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Between Two Poles: Matching Trade and Exchange Rate Regimes in Mercosur AgEcon
Busse, Matthias; Hefeker, Carsten; Koopmann, Georg.
The paper reviews exchange rate options for Mercosur countries. We start from the observation that most of the countries in the region have a longstanding tendency to adopt fixed exchange rates, and ask how such a system could best be designed. The Argentine crisis has demonstrated that unilateral currency pegs imply the risk of serious misalignments with other trading partners and subsequent realignments. The standard basket peg is not a solution because of its limited transparency and credibility. We therefore discuss a proposal to create dual currency boards that could be a workable solution for the Mercosur countries.
Tipo: Working or Discussion Paper Palavras-chave: Exchange Rate Regime; Currency Board; Latin America; Mercosur; International Relations/Trade; F31; F4.
Ano: 2004 URL: http://purl.umn.edu/26327
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Tariffs, Transport Costs and the WTO Doha Round: The Case of Developing Countries AgEcon
Busse, Matthias.
The WTO Doha Round of multinational trade negotiations is labelled the “development round” to highlight the fact that progress could be achieved through the enhanced integration of the poor countries into the world economy. Since the trade agenda focuses to a large extent on the levels of direct and indirect trade barriers as well as other aspects of trade and competition policy, an important aspect of the relative trade performance of developing countries has been neglected somewhat. This paper argues that, in addition to trade barriers, other trade costs, such as communications and transport costs, have to be taken into account. These other costs can be significantly higher in developing countries, which impedes their successful integration into world...
Tipo: Journal Article Palavras-chave: Developing countries; Transport costs; WTO Doha Round; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/23818
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Trade Effects of the East African Community: Do We Need a Transitional Fund? AgEcon
Busse, Matthias; Shams, Rasul.
The paper evaluates the economic necessity and political incentives of a transitional fund for the East African Community (EAC). The fund has been proposed to encounter trade imbalances which may arise due to the intended customs union in East Africa. Using a disaggregated approach at the two-digit level of the Standard International Trade Classification, the paper assesses the overall impact of the EAC on trade flows. Moreover, the commodities that will be particularly affected by the customs union are identified. The results show that considerable trade effects cannot be expected, except for a very narrow range of products. The need for a transitional fund becomes less urgent from this perspective.
Tipo: Working or Discussion Paper Palavras-chave: Customs Union; EAC; Kenya; Tanzania; Uganda; International Relations/Trade; Political Economy; F15; F17.
Ano: 2003 URL: http://purl.umn.edu/26290
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Gender Inequality and Trade AgEcon
Busse, Matthias; Spielmann, Christian.
The paper empirically explores the international linkages between gender inequality and trade flows of a sample of 92 developed and developing countries. The focus is on comparative advantage in labour-intensive manufactured goods. The results indicate that gender wage inequality is positively associated with comparative advantage in labour-intensive goods, that is, countries with a larger gender wage gap have higher exports of these goods. Also, gender inequality in labour force activity rates and educational attainment rates are negatively linked with comparative advantage in labour-intensive commodities.
Tipo: Working or Discussion Paper Palavras-chave: Gender Inequality; Trade; Comparative Advantage; International Relations/Trade; Labor and Human Capital; F11; F16; J70; J80.
Ano: 2005 URL: http://purl.umn.edu/26218
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Do Transnational Corporations Care About Labour Standards? AgEcon
Busse, Matthias.
This paper explores the relationship between foreign direct investment, or the activities of transnational corporations, and core labour standards. It discusses the channels through which labour standards may influence foreign direct investment and presents the results of an empirical test of that linkage. The results show that, contrary to the conventional wisdom that transnational corporations engage predominately in countries with low standards, higher labour standards are positively associated with foreign direct investment inflows. Concerns about "social dumping" or "a race to the bottom" on such standards appear to be mistaken. This result even holds for poor developing countries. Die Beziehung zwischen ausländischen Direktinvestitionen, das heißt...
Tipo: Working or Discussion Paper Palavras-chave: Transnational Corporations; Foreign Direct Investment; Labour Standards; Cross-Country Regression Framework; International Relations/Trade; Labor and Human Capital; F23; O19.
Ano: 2002 URL: http://purl.umn.edu/26298
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Assessing the Impact of ACP/EU Economic Partnership Agreement on West African Countries AgEcon
Busse, Matthias; Grossmann, Harald.
The European Union is currently negotiating free trade agreements, called Economic Partnership Agreements (EPAs), with African countries as part of the Cotonou Agreement between the European Union and African, Caribbean and Pacific countries. The paper empirically assesses the impact of the EPAs on trade flows and government revenue for 14 West African countries. The results indicate that the decline in import duties due to the preferential tariff elimination might be of some cause for concern and that complementary fiscal and economic policies have to be implemented before or at the time the EPAs come into force.
Tipo: Working or Discussion Paper Palavras-chave: Economic Partnership Agreements; EU; ECOWAS; Africa; International Relations/Trade; F15; O24; O55.
Ano: 2004 URL: http://purl.umn.edu/26198
Registros recuperados: 17
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