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The Upstream and Downstream Effects of Government Industrial Policy in the Rare Earth Elements Industry
By Charles Daniel The Chinese government has found considerable success in stimulating economic modernization through its industrial policy. The development of the rare earths industry, in both upstream and downstream markets, exemplifies this success. Rare earths are a group of metals whose natural properties make them critical for many pieces of modern technology. Upstream, Chinese […]
The Future of Economic Geopolitics: Network Effects in Intercultural Trade
By Joshua Curtis Using a regression discontinuity design on a gravity model of trade among 36 Middle Eastern and East Asian countries between 1980 and 2014, this study demonstrates network effects in trade. A small improvement in trade between subsets of two cultural blocs diminishes the effect of cultural similarity on trade between all members […]
