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Games of Climate Change with International Trade

We analyse games of greenhouse gas emission reduction in which the emissions and the emission reduction costs of one country depend on other countries' emission abatement. In an analytically tractable model, we show that international trade effects on costs and emissions can either increase or decrease incentives to reduce emissions and to cooperate on emission abatement; in some specifications, optimal ...

The Economic Consequences of Terror: Guest Editor's Introduction

This introduction notes the importance of the economic evaluation of the consequences of terror and summarizes the contributions in this special issue.

Terrorism and International Trade: An Empirical Investigation

This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and large-scale violence, we find compelling evidence that terrorist actions reduce the volume of trade; a doubling in the number of terrorist ...

Vertical Foreclosure versus Downstream Competition with Capital Precommitment

The recent literature on vertical foreclosure suggests that vertical integration can have the anticompetitive effect of enabling an upstream firm to commit to restricting output to downstream firms at the monopoly level. We allow the upstream firm to make an ex-ante capital precommitment. We show that, if integration is outlawed, the upstream firm will distort capital downward as an alternative device ...

Fiscal Federalism in Transition: Evidence from Ukraine

Effects of fiscal federalism on redistribution and economic growth are analyzed for Ukraine, a country with large regional differences. Since there is virtually no such empirical literature, except a study of the German case, and since there are several potential flaws, the results must be interpreted in a very tentative way. We find that this relatively poor, disorganized country with little democracy ...

Economic Integration, Wage Policies, and Social Policies

This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an exogenous differential in wage and social policies on the location of industry. Two model scenarios are considered. In the traditional one with physical capital, such a differential induces a relocation effect which increases with the level of trade integration. The 'new economic geography' ...

Respondent Behavior in Panel Studies: A Case Study for Income Nonresponse by Means of the German Socio-Economic Panel (SOEP)

Many validation studies deal with item nonresponse and measurement error in earnings data. In this article, the author explores respondents' motives for failing to revealearnings using the German Socio-Economic Panel (SOEP). The SOEP collects socioeconomic information from private households in the Federal Republic of Germany.The author explains the evolution of income nonresponse in the SOEP and demonstrates ...

The Impact of Ageing on Hospital Care and Long-Term Care: The Example of Germany

Background: In the next few decades the population in all EU-countries will age rapidly. This could have a major impact on the health care sector. This study analyses the effect of population ageing on utilisation in two key sectors of the health care system, namely hospital care and long-term care in Germany, up to 2020 with an outlook to 2050. Methods: Two population scenarios, one with constant, ...

Pitfalls in Restructuring the Electricity Industry

This paper models some reductions in output that may follow the opening of electricity markets to competition. Specifically, we show that vertical separation of electricity generation, transmission and distribution could reduce welfare compared to the previous system of vertically integrated monopoly, if grid owners can act as monopolistic retailers or, alternatively, set access prices that maximize ...

Diskussionsbeiträge zu "Mehr Wirtschaftsstatistik in der Statistikausbildung für Volks- und Betriebswirte"