This study leverages a unique data set on the universe of transactions exiting Ecuadorian economy to estimate tax-price elasticity demand for tax-sheltering activities using offshore fiscal havens. I determine this quasi-experimentally by comparing evolution in funds sent individuals and corporations tax havens different purposes (e.g. dividend payments, bank account deposits) versus similar wi...

Fiscal and taxation policy tools play an important role in promoting green low-carbon development. Based on classical tax theory, including the Potter hypothesis environmental Kuznets curve, this paper explores impact of regulation economic growth carbon emission reduction. We find that resource reform could promote total factor productivity; however, ad valorem does not significantly raise lev...

We examine how revenue-sharing and profit-sharing stakes affect price competition intensity under duopoly. Our analysis builds on the framework introduced by Varian (1980) accounts for fundamental asymmetries in terms of cost consumer loyalty. A stake exists when a firm appropriates share its rival’s revenues or profits. For example, marketplace owner that charges third-party seller an ad valor...

We model international trade in renewable resources between a single buyer and competitive sellers as a Stackelberg differential game. The buyer uses unit and ad valorem tariffs to indirectly encourage conservation of the renewable resource under study. First, we show that the efficacy of these trade policy instruments in promoting conservation depends fundamentally on whether harvesting costs ...

This paper analyses the effects of trade liberalisation and technical change on real and relative wages. It builds a model with monopolistic competition, heterogeneous firms and two countries, North and South, and solves it numerically. Skill-biased technical change, caused by decreases in the price of imported equipment as a result of reduced trade costs or falls in its world price, tends to i...

BACKGROUND Intuitively, health and capability are distinct but linked concepts. This study aimed to quantify the link between a measure of health status (EQ-5D-3L) and capability (ICECAP-O) using regression-based methods. METHODS EQ-5D-3L and ICECAP-O data were collected from a sample of older people ( n = 584), aged over 65 years, requiring a hospital visit and/or care home resident, and rec...

It has been argued that antidumping (AD) facilitates trade liberalization by serving as a release valve for protectionist pressure. We focus on a group of prominent ADusing developing countries and examine the validity of the pressure release hypothesis. The fact that these new AD users generally began using AD after significant trade liberalization supports the hypothesis. Yet, if pressure exi...