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Competition principles under threat : Record of the proceedings IDRC Pre-ICN Forum on competition and development

Record of proceedings - On 2 June 2009, academic experts and practitioners from competition authorities from all over the world gathered at the IDRC pre-ICN forum to share experiences and discuss ways of reinstating competition principles in current circumstances. The three Sessions were structured as follows: (i) competition policy in a crisis, (ii) competition…

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English / 01/01/2009

Institutions and Economic Growth : A Survey of the Recent Empirical Evidence

We take up the recent discussion about institutions, governance and geography. The main result of this debate is that institutions matter, be they the fundamental cause of growth or not. We first discuss economic institutions safeguarding economic freedom, including the role of
the judiciary, then political institutions, especially democracy. While there is a large consensus…

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English / 01/11/2008

WTO Dispute Settlement - An Important Trade Policy Instrument

Zimmermann, Thomas A.: WTO Dispute Settlement - An Important Trade Policy Instrument; Presentation at the 64th Session of the OECD Steel Committee; Paris (La Défense): Organization for Economic Cooperation and Development (OECD), 22 May 2008 / Präsentation an der 64. Sitzung des OECD Stahlausschusses; Paris (La Défense): Organisation für wirtschaftliche Zusammenarbeit und Entwicklung…

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English / 22/05/2008

Sustainability of Swiss Fiscal Policy

We examine whether Swiss federal fiscal policy was sustainable over the period from 1900 to 2002. We perform unit root and cointegration tests for federal revenues and expenditures, taking into account a structural shift in the budgetary process related to World War II. We find sustainability over the entire period. However, splitting the sample into two sub-samples before and after…

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English / 01/04/2008

Regression discontinuity design with covariates

In this paper, the regression discontinuity design (RDD) is generalized to account for differences in observed covariates X in a fully nonparametric way. It is shown that the treatment effect can be estimated at the rate for one-dimensional nonparametric regression irrespective of the dimension of X. It thus extends the analysis of Hahn, Todd and van der Klaauw (2001) and Porter (…

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English / 04/09/2007

Persistence of the School Entry Age Effect in a System of Flexible Tracking

In Germany, the streaming of students into an academic or nonacademic track at age 10 can be revised at later stages of secondary education. To investigate the importance of such revisions, we use administrative data on the student population in the German state of Hessen to measure the persistence of school entry age's impact on choice of secondary school track. Based on…

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English / 31/07/2007

WTO Dispute Settlement: General Appreciation and the Role of India

ABSTRACT

On 1 January 1995, the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU) entered into force. Until August 2006, the DSU has since been applied to 348 complaints - more cases than dispute settlement under the GATT 1947 had dealt with in nearly five decades. The system is perceived, both by practitioners and in academic literature, to work…

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English / 01/01/2007

Trade Conflicts: The Role of WTO Dispute Settlement

Role of WTO dispute settlement for the steel industry.

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English / 09/11/2006

Bias Reducing Estimation of Treatment Effects in the Presence of Partially Mismeasured Data

Labor market policy evaluation studies often rely on a merged database from different administrative entities, where part of the information might be archived with varying quality in different sources. Suppose that one observes inter alia a variable of dubious quality for the entire population and the same variable for a subgroup, say the treated, with good quality from an extra…

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English / 24/09/2006

The Simple Analytics of U.S. Antidumping Orders: Bureaucratic Discretion, Anti-Importer Bias, and The Byrd Amendment

Using a standard linear version of the Bertrand duopoly model of competition, I analyse the effect on firm pricing behaviour of three prominent features of the U.S. antidumping system. I identify the circumstances under which these features eliminate dumping entirely as well as their effects on the profitability of the import-competing and foreign firms. The Byrd Amendment, which has…

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English / 01/09/2006

Competition Advocacy: Time for Rethink?

This paper examines the conventional wisdom concerning competition advocacy, paying particular attention to the applicability of such wisdom to developing countries. The definition of competition advocacy, its evaluation, and the likelihood of its successful implementation are discussed in some detail. The paper concludes with a call for considerably more thought about what, hitherto…

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English / 01/04/2006

Competition and the Millenium Development Goals: "New" Evidence from Official Sources.

While some prefer to think of the effects of competition law and policy in terms of efficiency and resource allocation, many senior policymakers in developing countries, in aid agencies that finance technical assistance and capacity building, and in leading international organisations devoted to advancing development, see economic policies through the lens of the Millennium…

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English / 01/01/2006

The WTO Ministerial Conference in Hong Kong: What's Next?

Any assessment of the Hong Kong Ministerial Conference depends critically on the benchmark employed. Surely, compared to its predecessor, the Hong Kong Ministerial Conference was a success. Having said that, no major participant in that meeting and no commentator afterwards has suggested that enough progress was made that the end of the Doha Round is in sight. Although World Trade…

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English / 01/01/2006

Conformity with International Recommendations on Merger Reviews: An Economic Perspective on "Soft Law."

During the current phase of international market integration one important form of corporate restructuring is through cross-border merger or acquisition. Even though such restructuring typically affects the markets of more than one economy, almost all reviews of mergers and acquisitions consider only intra-jurisdictional effects. A prominent international initiative, that has the…

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English / 01/01/2006

Monitoring Implementation: Japan and the WTO Agreement on Government Procurement

Although WTO agreements contain a variety of provisions to encourage compliance by signatories, little attention is given to the incentives created by the mechanisms other than dispute settlement. The WTO's Agreement on Government procurement contains a
number of such mechanisms, including detailed reporting requirements. This chapter examines the performance of the…

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English / 01/01/2006

The DSU Review (1998-2004): Negotiations, Problems and Perspectives

On 1 January 1995, the Understanding on Rules and Procedures
Governing the Settlement of Disputes (Dispute Settlement
Understanding; DSU) entered into force. Since 1998, negotiations to
review and reform the DSU have taken place ("DSU review"), however without yielding any result so far.

The DSU review exercise has only attracted limited academic…

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English / 01/01/2006

Negotiating the Review of the WTO Dispute Settlement Understanding

Abstract:

On 1 January 1995, the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU) entered into force. Since 1998, negotiations to review and reform the DSU have taken place ('DSU review'), without however yielding any result so far. This study proposes to analyse the DSU review negotiations and the proposals submitted so far.…

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English / 01/01/2006

Corporate Strategy and Political Economy in a World Free of Dumping

Over the last twenty years many countries have enacted and begun using antidumping legislation. These laws seek, amongst other goals, to deter injurious dumping. In this paper I describe some of the consequences for corporate decision-making and for the political economy of reforms if antidumping laws succeed in deterring dumping in the first place. Understanding these potential…

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English / 13/09/2005

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