Markups, Entry Regulation and Trade: Does Country Size Matter?* (2007)
Bernard Hoekman T, Hiau Looi Kee, Marcelo Arreaga
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms with market power. A simple model is developed that shows that the effects of import competition...
Markups, Entry Regulation and Trade: Does Country Size Matter?* (2007)
Bernard Hoekman T, Hiau Looi Kee, Marcelo Arreaga
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms with market power. A simple model is developed that shows that the effects of import competition...
Productivity versus Endowments: A Study of Singapores Sectoral Growth 1974-92 (2007)
Hiau Looi Kee, Deborah Swenson, Gary Hunt, I Western Economic
Productivity and the Rybczynski effects of factor endowments have been highlighted as the two main reasons behind the growth of the East Asian NIEs. However, empirical studies at the aggregate level...
We derive the dual approach of Hall (1988). We show that both primal and dual TFP growth underestimate true productivity growth if there is imperfect competition or decreasing returns to scale....
Productivity or Endowments? Sectoral Evidence for Hong Kong’s Aggregate Growth 1 (2007)
Hiau Looi Kee, Deborah Swenson, Catherine Morrison Paul, Kaoru Nabeshima, Mary Amiti
This paper provides sectoral evidence that sheds new light on the current debate regarding the sources of growth of the East Asian miracle. We test both the productivity-driven and endowment-driven...
Does Foreign Direct Investment Increase the Productivity of Domestic Firms (2007)
Beata K. Smarzynska, Andrew Bernard, Simon Evenett, Mary Hallward-driemeier, Pravin Krishna, Hiau Looi Kee, ...
Abstract: Many countries aim to attract foreign direct investment (FDI) by offering ever more generous incentive packages and justifying their actions with the expected knowledge externalities to be...
For both primal and dual TFP growth accounting to properly account for productivity growth, assumptions of constant returns to scale and perfect competition are necessary. This paper shows that...
For both primal and dual TFP growth accounting to properly account for productivity growth, assumptions of constant returns to scale and perfect competition are necessary. This paper shows that...
For both primal and dual TFP growth accounting to properly account for productivity growth, assumptions of constant returns to scale and perfect competition are necessary. This paper shows that...
For both primal and dual TFP growth accounting to properly account for productivity growth, assumptions of constant returns to scale and perfect competition are necessary. This paper shows that...
Tariffs, Entry Regulation and Markups: Country Size Matters (2004)
Hoekman, Bernard, Kee, Hiau Looi, Olarreaga, Marcelo
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms. This paper extends the empirical literature on the pro-competitive impact of policy reforms by...
Tariffs, Entry Regulation and Markups: Country Size Matters (2004)
Hoekman, Bernard, Kee, Hiau Looi, Olarreaga, Marcelo
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms. This paper extends the empirical literature on the pro-competitive impact of policy reforms by...
Tariffs, Entry Regulation and Markups: Country Size Matters (2004)
Hoekman, Bernard, Kee, Hiau Looi, Olarreaga, Marcelo
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms. This paper extends the empirical literature on the pro-competitive impact of policy reforms by...
Tariffs, Entry Regulation and Markups: Country Size Matters (2004)
Hoekman, Bernard, Kee, Hiau Looi, Olarreaga, Marcelo
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms. This paper extends the empirical literature on the pro-competitive impact of policy reforms by...
Imports, Entry and Competition Law as Market Disciplines”, mimeo,World Bank (2003)
Hiau Looi Kee, Bernard Hoekman
Since the early 1990s, numerous countries have adopted or strengthened competition legislation. In this paper we investigate the impact of competition law on industry markups over time and across a...
Three essays in trade, productivity and growth of the East Asian economies [microform] / (2001)
UMI cat. no: 9987470.
Degree granted in Economics.
Markups, returns to scale, and productivity : a case study of Singapore's manufacturing sector
The results of this paper challenge the conventional wisdom in the literature that productivity plays no role in the economic development of Singapore. Properly accounting for market power and...
A model on knowledge and endogenous growth
Hiau Looi Kee, Chen, Derek H. C.
The authors present a model of endogenous growth in which the main engine of economic development is knowledge. Using a two-sector closed economy model that comprises of a conventional...
On the measurement of product variety in trade
Feenstra, Robert, Hiau Looi Kee
Product variety plays an important role in the theoretical work on monopolistic competition and trade, and recent empirical work has begun to quantify this for aggregate and disaggregate import...
Productivity versus endowments - a study of Singapore's sectoral growth, 1974-92
Productivity, and the Rybczynski effects of factor endowments, have been highlighted as the two main reasons behind the growth of newly industrializing economies in East Asia. However, empirical...
Export Variety and Country Productivity
Robert C. Feenstra, Hiau Looi Kee
This paper provides evidence on monopolistic competition models with endogenous technology by studying the effects of sectoral export variety on country productivity. The effects are estimated in a...
Markups, entry regulation, and trade - Does country size matter?
Hoekman, Bernard, Hiau Looi Kee, Olarreaga, Marcelo
Actual, and potential competition is a powerful source of discipline on the pricing behavior of firms with market power. The authors develop a simple model that shows that the effects of new entry,...
Export variety and country productivity
Feenstra, Robert, Hiau Looi Kee
The authors study the link between export product variety and country productivity based on data from 34 industrial and developing countries, from 1982 to 1997. They measure export product variety by...
Trade, Capital Accumulation and Structural Unemployment: An Empirical Study of the Singapore Economy
This paper studies the factors responsible for the secular decline of Singapore’s unemployment rate over the period 1966-2000 in an environment of low and stable inflation rates. We introduce wage...
Productivity in endowments : sectoral evidence for Hong Kong's aggregate growth
The author provides sectoral evidence that sheds new light on the current debate regarding the sources of growth of the East Asian miracle. The author tests both the productivity-driven and...
Imports, entry, and competition law as market disciplines
Kee, Hiau Looi, Hoekman, Bernard
Since the early 1990s numerous countries have adopted or strengthened competition legislation. Kee and Hoekman investigate the impact of competition law on industry markups over time and across a...
Market access for sale : Latin America's lobbying for U.S. tariff preferences
Kee, Hiau Looi, Olarreaga, Marcelo, Silva, Peri
This paper assesses the foreign lobbying forces behind the tariff preferences that the United States grants to Latin American and Caribbean countries. The basic framework is the one developed that is...
The past three and a half decades witnessed a distinctly declining trend in Singapore's unemployment rate, which dropped from an average annual rate of 7.85 percent in 1966-70 to 2.74 percent in...
Import demand elasticities and trade distortions
Hiau Looi Kee, Nicita, Alessandro, Olarreaga, Marcelo
To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. The...
Estimating trade restrictiveness indices
Kee, Hiau Looi, Nicita, Alessandro, Olarreaga, Marcelo
The objective of this paper is to provide indicators of trade restrictiveness that include both measures of tariff and nontariff barriers for 91 developing and industrial countries. For each country,...
Trade, capital accumulation and structural unemployment: an empirical study of the Singapore economy
Productivity or Endowments? Sectoral Evidence for Hong Kong's Aggregate Growth *
The present paper provides sectoral evidence that sheds new light on the current debate regarding the sources of growth of the East Asian miracle. We test both the productivity-driven and...
Trade Liberalisation and Export Variety: A Comparison of Mexico and China
Robert C. Feenstra, Hiau Looi Kee
This paper studies how industry export variety can be constructed and empirically relates trade liberalisation to the expansion of export variety. We document the expansion in export varieties from...
Estimating Import Demand and Export Supply Elasticities
Marcelo Olarreaga, Hiau Looi Kee, Alessandro Nicita
The objective of this paper is to provide estimates of import demand and export supply elasticities for around 4200 goods (six digit of the Harmonized System) in 117 countries. The empirical...
Estimating Trade Restrictiveness Indices
Kee, Hiau Looi, Nicita, Alessandro, Olarreaga, Marcelo
The objective of this paper is to provide indicators of trade restrictiveness that include both measures of tariff and non-tariff barriers for 91 developing and developed countries. For each country,...
Mark-ups, Entry Regulation and Trade: Does Country Size Matter?
Hoekman, Bernard, Kee, Hiau Looi, Olarreaga, Marcelo
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms with market power. A simple model is developed that shows that the effects of import competition...
Imports, Entry and Competition Law as Market Disciplines
Hoekman, Bernard, Kee, Hiau Looi
Since the early 1990s, numerous countries have adopted or strengthened competition legislation. In this Paper we investigate the impact of competition law on industry markups over time and across a...
Market Access for Sale: Latin America's Lobbying for US Tariff Preferences
Kee, Hiau Looi, Olarreaga, Marcelo, Silva, Peri
This Paper assesses the foreign lobbying forces behind the tariff preferences that the United States grants to Latin American countries. The basic framework is one developed by Grossman and Helpman...
Import Demand Elasticities and Trade Distortions
Kee, Hiau Looi, Nicita, Alessandro, Olarreaga, Marcelo
To study the effects of tariffs on GDP one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. We modify Kohli’s (1991) GDP...
Tariffs, Entry Regulation and Markups: Country Size Matters
Bernard Hoekman, Hiau Looi Kee, Marcelo Olarreaga
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms. This paper extends the empirical literature on the pro-competitive impact of policy reforms by...
For both primal and dual TFP growth accounting to properly account for productivity growth, assumptions of constant returns to scale and perfect competition are necessary. This paper shows that...
Do Trade Policy Differences Induce Sorting? Theory and Evidence from Bangladeshi Apparel Exporters
Svetlana Demidova, Hiau Looi Kee, Kala Krishna
This paper provides a new heterogeneous firm model for trade where firms differ in their productivity and experience di¤erent market demand shocks. The model incorporates variations in trade...
Feenstra, Robert, Kee, Hiau Looi
This paper provides evidence on the monopolistic competition model with heterogeneous firms and endogenous productivity. We show that this model has a well-defined GDP function where relative export...
Firm Level Heterogeneous Productivity and Demand Shocks: Evidence from Bangladesh
This paper looks at the predictions of a standard heterogeneous firm model regarding the exports of firms across markets in response to a particular trade policy "experiment" and compares these...
Import Demand Elasticities and Trade Distortions
Hiau Looi Kee, Alessandro Nicita, Marcelo Olarreaga
This paper provides a systematic estimation of import demand elasticities for a broad group of countries at a very disaggregated level of product detail. We use a semiflexible translog GDP function...
This paper provides a consistent estimate of the bound of the marginal effect of an unobserved right-hand side variable on the dependent variable when only the sum of that variable with a positively...
For both primal and dual TFP growth accounting to properly account for productivity growth, assumptions of constant returns to scale and perfect competition are necessary. This paper shows that...
Tariffs, Entry Regulation and Markups: Country Size Matters
Bernard Hoekman, Hiau Looi Kee, Marcelo Olarreaga
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms. This paper extends the empirical literature on the pro-competitive impact of policy reforms by...