Journal of Comparative Economics最新文献_第4页

Design and implementation of the price cap on Russian oil exports 俄罗斯石油出口价格上限的设计与实施

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.06.001

Simon Johnson , Lukasz Rachel , Catherine Wolfram

引用次数: 1

A simple method to ex-ante quantify the unobservable effects of trade liberalization and trade protection 对贸易自由化和贸易保护的不可观测效应进行事前量化的简单方法

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.06.006

Mario Larch , Shawn W. Tan , Yoto V. Yotov

{"title":"A simple method to ex-ante quantify the unobservable effects of trade liberalization and trade protection","authors":"Mario Larch , Shawn W. Tan , Yoto V. Yotov","doi":"10.1016/j.jce.2023.06.006","DOIUrl":"10.1016/j.jce.2023.06.006","url":null,"abstract":"<div><p>We propose a simple and flexible econometric<span><span><span> approach to quantify ex-ante the impact of comprehensive trade liberalization or protection with the structural gravity model. Specifically, we argue that the difference between the estimates of border indicator variables for affected and non-affected countries can be used to measure unobservable changes in bilateral trade costs in response to hypothetical policy changes. To demonstrate the effectiveness of our methods, we focus on the integration between the countries from the Central European Free Trade Agreement (CEFTA) and the European Union (EU); an important policy application that has not been studied before due to a lack of data. We overcome this challenge by utilizing a new dataset on trade and production that covers all EU countries and all CEFTA members (except for Kosovo). The partial equilibrium estimates that we obtain confirm the validity of our methods, while the corresponding </span>general equilibrium effects point to significant and heterogeneous potential gains for the CEFTA countries from joining the EU. The proposed methods are readily applicable to other applications, e.g., Brexit or joining the </span>World Trade Organization (WTO), and can also be extended to ex-post analysis.</span></p></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78190260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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

Educational opportunity and children's migration: Evidence from China's Gaokao reform for children of migrant families 教育机会与儿童迁移：中国农民工子女高考改革的证据

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.05.004

Xueying Li, Lei Zhang

引用次数: 1

Near-real time analysis of war and economic activity during Russia’s invasion of Ukraine 对俄罗斯入侵乌克兰期间的战争和经济活动进行近乎实时的分析

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.06.003

Yuri M. Zhukov

{"title":"Near-real time analysis of war and economic activity during Russia’s invasion of Ukraine","authors":"Yuri M. Zhukov","doi":"10.1016/j.jce.2023.06.003","DOIUrl":"10.1016/j.jce.2023.06.003","url":null,"abstract":"<div><p>This paper introduces near-real time data on Russia’s full-scale invasion of Ukraine, and uses these data to investigate the short-term impact of occupation and violence on local economic activity. The data project – VIINA (Violent Incident Information from News Articles) – parses news reports from Ukrainian and Russian media, georeferences them, and classifies them into standard event categories (e.g. artillery shelling) through machine learning. As we show, VIINA is more geographically comprehensive and more thoroughly documented than other open-source event databases on Ukraine, and is the only such effort to track territorial control. We illustrate applications for research on political economy, by utilizing remote sensing data on luminosity and vegetation as proxies for urban economic<span> activity and agricultural land use. We find that economic activity declined most in urban areas that neither side fully controlled, and in places most exposed to artillery shelling. Areas under Russian occupation, however, were more insulated from these negative shocks. Although not causal, these findings are in line with the view that war brings not only economic devastation, but also vast geographic inequalities that are almost immediately observable from space.</span></p></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83545949","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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

Can Black Tulips stop Russia again? 黑色郁金香能否再次阻止俄罗斯？

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.06.009

Dinissa Duvanova , Alex Nikolsko-Rzhevskyy , Olha Zadorozhna

{"title":"Can Black Tulips stop Russia again?","authors":"Dinissa Duvanova , Alex Nikolsko-Rzhevskyy , Olha Zadorozhna","doi":"10.1016/j.jce.2023.06.009","DOIUrl":"10.1016/j.jce.2023.06.009","url":null,"abstract":"<div><p>Do the human costs of Russia’s war in Ukraine undermine the popular support for the Russian government? Although there is little evidence that the poor performance of the Russian military forces in Ukraine erodes domestic support for the government, region-specific war casualties may help fuel anti-war sentiment. The paper hypothesizes that publicly announced military deaths and obituaries published in the local news and social media groups can incite anti-war sentiment because they bring the human cost of the war into peoples’ homes. To evaluate this hypothesis, we use a hand-collected dataset of obituaries, published on the most popular social network in Russia, and analyze statistical connections between the announcements of war casualties and instances of various forms of political protests. The data support the casualties-protest connection, but find that obituaries of military servicemembers with non-Russian-sounding names are uncorrelated with protests even in their home regions, while the opposite is true for similar announcements with Slavic names. We speculate that the observed differences might reflect the intentional government policy of capitalizing on ethno-nationalist sentiment that has been cultivated for the support of Putin’s regime.</p></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73348562","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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: 1

The short- and long-run effects of medical malpractice lawsuits on medical spending and hospital operations in China 医疗纠纷诉讼对中国医疗支出和医院运营的短期和长期影响

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.05.002

Gordon Liu , Junjian Yi , Ye Yuan , Shaoyang Zhao

引用次数: 0

The economic effects of international sanctions: An event study 国际制裁的经济影响：事件研究

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.05.005

Jerg Gutmann , Matthias Neuenkirch , Florian Neumeier

引用次数: 0

Divesting under Pressure: U.S. firms’ exit in response to Russia’s war against Ukraine 压力下的撤资：美国公司因俄罗斯对乌克兰发动战争而撤资

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.08.001

Tetyana Balyuk , Anastassia Fedyk

{"title":"Divesting under Pressure: U.S. firms’ exit in response to Russia’s war against Ukraine","authors":"Tetyana Balyuk , Anastassia Fedyk","doi":"10.1016/j.jce.2023.08.001","DOIUrl":"10.1016/j.jce.2023.08.001","url":null,"abstract":"<div><p>We explore the determinants and consequences of U.S. corporations limiting their business operations in Russia in the immediate aftermath of the 2022 Russian invasion of Ukraine. Firms with Russian exposure experience slightly worse stock market returns when the invasion begins on February 24, 2022. Russia-exposed firms with worse stock-price reactions to the war and greater share of operations in Russia are more likely to subsequently remain in Russia, while firms with milder ex ante exposure are more likely to withdraw or suspend their Russian operations. When U.S. firms announce exits from Russia in the aftermath of the invasion, there are no adverse announcement effects on their returns. Instead, exit announcements are preceded by a negative trend in abnormal returns that ends immediately on the day of the announcement. In regression analyses, immediately preceding negative stock returns are the strongest predictor of firms’ decisions to exit Russia, after size and industry. These results are consistent with firms choosing to limit their Russian presence in response to operational impact and reputational pressure, and the damage to stock returns stops immediately after the exit announcements.</p></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0147596723000677/pdfft?md5=fc3074a318feb88bf47ccd0e4910ee5f&pid=1-s2.0-S0147596723000677-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135889727","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Damaged collateral and firm-level finance: Evidence from Russia’s war in Ukraine 受损抵押品与公司层面的融资：俄罗斯乌克兰战争的证据

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.06.010

Solomiya Shpak , John S. Earle , Scott Gehlbach , Mariia Panga

{"title":"Damaged collateral and firm-level finance: Evidence from Russia’s war in Ukraine","authors":"Solomiya Shpak , John S. Earle , Scott Gehlbach , Mariia Panga","doi":"10.1016/j.jce.2023.06.010","DOIUrl":"10.1016/j.jce.2023.06.010","url":null,"abstract":"<div><p>How much has Russia’s war in Ukraine damaged the collateral of Ukrainian firms, and how much damage has that caused the Ukrainian financial system? We address this question using unusually rich high-frequency supervisory data of Ukrainian banks combined with a survey of banks on the location and condition of corporate borrowers’ collateral between February and November 2022. Exploiting plausibly exogenous variation in collateral value resulting from damage to collateral, we find that a 10-percent reduction in the collateral-loan ratio lowers the probability of getting any new loan by nearly eight percentage points; new lending falls by over two percentage points. Our results additionally imply that the same reduction in collateral value raises default rates and banks’ assessment of firms’ probability of default by approximately eight and four percentage points, respectively. The results imply that, in the absence of sufficient aid to repair the damage, Ukraine may experience reduced investment and lower economic growth in the future.</p></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0147596723000641/pdfft?md5=a5f8ef218d720838279470f6ca0f7c2f&pid=1-s2.0-S0147596723000641-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74391691","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The economics of extortion: Theory and the case of the Sicilian Mafia 勒索经济学：理论与西西里黑手党案例

IF 2.7 2区经济学

Journal of Comparative Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jce.2023.05.003

Luigi Balletta , Andrea Mario Lavezzi

引用次数: 0