Arvind Panagariya Analytically as well as politically, migration is a more complex phenomenon than international trade. The latter involves two-way flows of goods and services that allow the real aggregate income to grow in each country involved. Therefore, the arguments for protection against imports typically rest on the detrimental effects on the income distribution or the existence of prior...

The paper compares non-cooperative commodity taxation under the destination and origin principles under a variety of different assumptions about market structure. We consider a model of international duopoly with either quantity or price competition of firms and either segmented or integrated markets, and a monopolistic competition model with mobile firms. In each setting the international spil...

Because of the often remote and fledgling character of Canada’s aboriginal tourism attractions, developing alliances with knowledgeable and culturally sensitive distribution channel operators are especially important. The distribution channels developed can affect the patterns of destination use, target markets attracted, and economic impact created for aboriginal communities. This research des...

The paper uses data from a recent survey on Brazilian firms to investigate the role of technology in the internationalization of firms, and whether if affects the destination of foreign investments. Emerging markets FDI is a much-debated topic these days, and their technology-seeking purpose is a strong driver for the internationalization, as firms are searching for assets in order to compete. ...

The major markets for ornamental fish are the Far East, the United States of America and the European Union (EU). Although the Far East is the principal source of both supply and demand for ornamental species, there is considerable movement of fish between these three areas. The author makes a detailed appraisal of the sources of supply and the destination for imports into EU Member States. Som...

Immigration and Housing Rents in American Cities Is there a local economic impact of immigration? Immigration pushes up rents and housing values in US destination cities. The positive association of rent growth and immigrant inflows is pervasive in time series for all metropolitan areas. I use instrumental variables based on a “shift-share” of national levels of immigration into metropolitan ar...

Abstract This paper assesses how bilateral distance affects within-firm-product variation in free-on-board (FOB) export prices across destinations. I estimate linear models that regress firm-product-destination-time FOB unit values on distance, firm-product-time fixed effects and destination country controls. If doubles, the average Swiss agri-food firm increases its price by 2.3 per cent. Howe...

The interrelationships, interdependencies, integration, and dynamic linkages in between countries, regions including BRIC, country-region, and developing-developed stock markets had been thoroughly researched in the literature. This study aims at investigating above relationships both in short and long-run with special reference to India. It undertakes daily closing values of the BRIC indices f...

This paper discusses the factors that affect network connectivity and competitiveness in European Union Latin America/Caribbean air transport market. The methodology is based on detailed real origin destination data allow calculation of levels market concentration segmentation, airport efficiency. bilateral markets analyzed compare unfavourably with other inter-continental markets, even though ...

The electronic market hypothesis (EMH) predicts that by reducing coordination costs, information technology (IT) will shift industrial organization from hierarchical to market-based forms of economic activity. While academic researchers and practitioners have witnessed these shifts with the advent of the Internet, there is little understanding about the process and the underlying forces that dr...