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Sanctions and their impacts on medical trade and health outcomes 制裁及其对医疗贸易和卫生成果的影响
IF 1 4区 经济学
Review of International Economics Pub Date : 2023-07-25 DOI: 10.1111/roie.12700
Anna Miromanova
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引用次数: 0
Sanctions in directed trade networks 对定向贸易网络的制裁
IF 1 4区 经济学
Review of International Economics Pub Date : 2023-07-13 DOI: 10.1111/roie.12699
Sumit Joshi, Ahmed Saber Mahmud, Abhinaba Nandy, Sudipta Sarangi
{"title":"Sanctions in directed trade networks","authors":"Sumit Joshi, Ahmed Saber Mahmud, Abhinaba Nandy, Sudipta Sarangi","doi":"10.1111/roie.12699","DOIUrl":"https://doi.org/10.1111/roie.12699","url":null,"abstract":"We model three factors that affect effectiveness of trade sanctions: a country's endowment, distance between countries, and network connectivity. Our model explains several empirical observations: (i) sanctions impose costs on both sender and target; (ii) sanctions are often unsuccessful; and (iii) import sanctions, and export plus import sanctions, are more effective than export sanctions alone. We also offer extensions of our benchmark including retaliation by target, incentives of the third country to participate in multilateral sanctions or sanction-busting, and the consequences of different centralities of sender and target in a trade network.","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2023-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138528925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
How did China's zero Covid policy affect its exports? 中国的新冠肺炎清零政策对其出口有何影响？
IF 1 4区 经济学
Review of International Economics Pub Date : 2023-07-07 DOI: 10.1111/roie.12696
Heiwai Tang, Xiuxiu Zheng
{"title":"How did China's zero Covid policy affect its exports?","authors":"Heiwai Tang, Xiuxiu Zheng","doi":"10.1111/roie.12696","DOIUrl":"https://doi.org/10.1111/roie.12696","url":null,"abstract":"","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2023-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48838348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Exporters' environmental premium in a developing country: Firm‐level evidence from China 发展中国家出口商的环境溢价:来自中国的确凿证据
IF 1 4区 经济学
Review of International Economics Pub Date : 2023-07-03 DOI: 10.1111/roie.12697
Gaoju Yang, Yuexing Xie, Xianhai Huang, Hangyu Chen
{"title":"Exporters' environmental premium in a developing country: Firm‐level evidence from China","authors":"Gaoju Yang, Yuexing Xie, Xianhai Huang, Hangyu Chen","doi":"10.1111/roie.12697","DOIUrl":"https://doi.org/10.1111/roie.12697","url":null,"abstract":"","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2023-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42462381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Extraterritorial trade sanctions: Theory and application to the US–Iran–EU conflict 域外贸易制裁:理论及其在美伊欧冲突中的应用
4区 经济学
Review of International Economics Pub Date : 2023-06-28 DOI: 10.1111/roie.12682
Eckhard Janeba
{"title":"Extraterritorial trade sanctions: Theory and application to the US–Iran–EU conflict","authors":"Eckhard Janeba","doi":"10.1111/roie.12682","DOIUrl":"https://doi.org/10.1111/roie.12682","url":null,"abstract":"Abstract Under extraterritorial sanctions the sanctioning country extends its policies to trade of third countries with the sanctioned country. An example is President Trump's decision in 2018 to leave the Joint Comprehensive Plan of Action (JCPOA), a multilateral agreement with Iran. In this article, I develop a game‐theoretic model to explain the emergence of extraterritorial sanctions. Such trade sanctions (i) do not arise when the harmful activity of the sanctioned country (“build a nuclear bomb”) is verifiable even if monetary transfers are ruled out, but (ii) emerge if a second activity (“sponsor international terrorism”) is not verifiable, and the sanctioning countries differ in their gains from trade with the sanctioned country, their harm from the non‐verifiable activity, and their cost from abandoning the international economic order. In the context of the US–Iran–EU conflict, I argue that the oil and gas fracking boom in the US together with former President Trump's ignorance of his international reputation are key factors in the emergence of extraterritorial trade sanctions.","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135309028","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The geography of payment activity on PayPal PayPal支付活动的地理分布
IF 1 4区 经济学
Review of International Economics Pub Date : 2023-06-21 DOI: 10.1111/roie.12683
Russell Hillberry, Kornel Mahlstein, Simon Schropp
{"title":"The geography of payment activity on PayPal","authors":"Russell Hillberry, Kornel Mahlstein, Simon Schropp","doi":"10.1111/roie.12683","DOIUrl":"https://doi.org/10.1111/roie.12683","url":null,"abstract":": We use data from PayPal to study the geography of online payment activity. An empirical gravity model finds a distance elasticity of -0.58 for payment values, a result that is 40% lower than typically observed in conventional trade data. The firm-extensive margin is approximately half as sensitive to distance. The link between the scale of merchants’ exports and transaction distance is considerably weaker than observed in conventional international trade data. Zipf’s Law holds for PayPal merchants in some countries, but fails in smaller PayPal markets. Merchant age accounts only marginally affects the scale and average distance of export sales.","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2023-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48513481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Monetary union, asymmetric recession, and exit 货币联盟、不对称衰退和退出
4区 经济学
Review of International Economics Pub Date : 2023-06-21 DOI: 10.1111/roie.12693
Christian Keuschnigg, Linda Kirschner, Michael Kogler, Hannah Winterberg
{"title":"Monetary union, asymmetric recession, and exit","authors":"Christian Keuschnigg, Linda Kirschner, Michael Kogler, Hannah Winterberg","doi":"10.1111/roie.12693","DOIUrl":"https://doi.org/10.1111/roie.12693","url":null,"abstract":"Abstract We propose a model of the Eurozone and analyze an asymmetric recession in a vulnerable member state with high public debt, weak banks, and low growth. We compare macroeconomic adjustment under continued membership with two exit scenarios that introduce flexible exchange rates and autonomous monetary policy. An exit with stable investor expectations could significantly dampen the short‐run impact. Stabilization is achieved by a targeted monetary expansion combined with depreciation. However, investor panic may lead to escalation, aggravate the recession and delay the recovery.","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136355759","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The impacts of trade liberalization on the local labor market: Older women are especially vulnerable 贸易自由化对当地劳动力市场的影响:老年妇女尤其脆弱
4区 经济学
Review of International Economics Pub Date : 2023-06-21 DOI: 10.1111/roie.12694
Chan Yu
{"title":"The impacts of trade liberalization on the local labor market: Older women are especially vulnerable","authors":"Chan Yu","doi":"10.1111/roie.12694","DOIUrl":"https://doi.org/10.1111/roie.12694","url":null,"abstract":"Abstract This article examines the disparate impacts of Chinese import growth on US workers according to gender and age. I show that Chinese import growth generates larger employment losses for less skilled women than men in manufacturing. The gendered effects vary by age and are most concentrated among middle‐aged workers. The motherhood career interruption may explain the gender‐age disparities. Trade shocks depress labor outcomes more for women with children than for their male counterparts. Moreover, I find that the gender‐age differential effect is alleviated when trade shocks hit industries with longer female job tenure.","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136355773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The global sanctions data base–Release 3: COVID‐19, Russia, and multilateral sanctions 全球制裁数据库第3版:COVID - 19、俄罗斯和多边制裁
4区 经济学
Review of International Economics Pub Date : 2023-06-21 DOI: 10.1111/roie.12691
Constantinos Syropoulos, Gabriel Felbermayr, Aleksandra Kirilakha, Erdal Yalcin, Yoto V. Yotov
{"title":"The global sanctions data base–Release 3: COVID‐19, Russia, and multilateral sanctions","authors":"Constantinos Syropoulos, Gabriel Felbermayr, Aleksandra Kirilakha, Erdal Yalcin, Yoto V. Yotov","doi":"10.1111/roie.12691","DOIUrl":"https://doi.org/10.1111/roie.12691","url":null,"abstract":"Abstract This paper introduces the third update/release of the Global Sanctions Data Base (GSDB‐R3). The GSDB‐R3 extends the period of coverage from 1950–2019 to 1950–2022, which includes two special periods—COVID‐19 and the new sanctions against Russia. This update of the GSDB contains a total of 1325 cases. In response to multiple inquiries and requests, the GSDB‐R3 has been amended with a new variable that distinguishes between unilateral and multilateral sanctions. As before, the GSDB comes in two versions, case‐specific and dyadic, which are freely available upon request at GSDB@drexel.edu . To highlight one of the new features of the GSDB, we estimate the heterogeneous effects of unilateral and multilateral sanctions on trade. We also obtain estimates of the effects on trade of the 2014 sanctions on Russia.","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136355778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Weather shocks and exchange rate flexibility 天气冲击和汇率灵活性
4区 经济学
Review of International Economics Pub Date : 2023-06-12 DOI: 10.1111/roie.12692
Selim Elekdag, Maxwell Tuuli
{"title":"Weather shocks and exchange rate flexibility","authors":"Selim Elekdag, Maxwell Tuuli","doi":"10.1111/roie.12692","DOIUrl":"https://doi.org/10.1111/roie.12692","url":null,"abstract":"Abstract This paper assesses the stabilization properties of fixed versus flexible exchange rate regimes and aims to answer this research question: Does greater exchange rate flexibility help an economy's adjustment to weather shocks? To address this question, the impact of weather shocks on real per capita GDP growth is quantified under the two alternative exchange rate regimes. We find that although weather shocks are generally detrimental to per capita income growth, the impact is less severe under flexible exchange rate regimes. Moreover, the medium‐term adverse growth impact of a 1°C increase in temperature under a pegged regime is about −1.4 percentage points on average, while under a flexible regime, the impact is less than one half that amount (−0.6 percentage point). This finding bolsters the idea that exchange rate flexibility not only helps mitigate the initial impact of the shock but also promotes a faster recovery. Importantly, there is evidence of nonlinear effects, whereby greater exchange rate flexibility can be more beneficial for EMDCs with hotter climates. In terms of mechanisms, our findings suggest that the depreciation of the nominal exchange rate under a flexible regime supports real export growth. In contrast to standard theoretical predictions, we find that countercyclical fiscal policy may not be effective under pegged regimes amid high debt, highlighting the importance of the policy mix and precautionary (fiscal) buffers.","PeriodicalId":47712,"journal":{"name":"Review of International Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136260963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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