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This paper provides an overview, macro application, and detailed documentation of GEM-Core, a dynamic computable general equilibrium (CGE) model designed for medium- and long-run policy analysis. GEM stands for General Equilibrium Model. GEM-Core can address the issues that typically are...
Persistent link: https://www.econbiz.de/10012931657
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
Persistent link: https://www.econbiz.de/10012865507
This note provides two analytical frameworks for understanding the role of trade in promoting inclusive growth in developing economies. A working definition of inclusive growth focuses on long-term, sustained growth associated with productivity growth and employment opportunities for broad...
Persistent link: https://www.econbiz.de/10012975604
econometric estimates of the volume of laundered assets in the Colombian economy. In the model, the licit sector operates in a … to the economy but only redistributes wealth (for example robbery, kidnapping, and fraud). The paper provides a series of … laundered assets in the Colombian economy in the period 1985 to 2013. The paper assembles a data set whose key components are …
Persistent link: https://www.econbiz.de/10012969954
economies in the water industry in four countries (Brazil, Colombia, Moldova, and Vietnam) that differ substantially in economic … find evidence of economies of scale in Colombia, Moldova, and Vietnam, implying the existence of a natural monopoly. In … customer density in Moldova and Vietnam. The results of this study show that the cost structure of the water and wastewater …
Persistent link: https://www.econbiz.de/10012747840
Gender-based wage discrimination is a highly researched area of labor economics. However, most studies on this topic have focused on schooling and paid limited attention to the mechanisms through which cognitive and noncognitive skills influence wages. This paper uses data from adults in seven...
Persistent link: https://www.econbiz.de/10012967480
and North Africa region is falling behind in establishing a modern governance framework for the digital economy. The …
Persistent link: https://www.econbiz.de/10012838264
If trade tensions between the United States and certain trading partners escalate into a full-blown trade war, what should developing countries do? Using a global, general-equilibrium model, this paper first simulates the effects of an increase in U.S. tariffs on imports from all regions to...
Persistent link: https://www.econbiz.de/10012908371
This paper studies the effects of trade policy uncertainty on the extensive and intensive margins of trade for a sample of 65 exporters at the Harmonized System six-digit level. The paper measures trade policy uncertainty as the gap between binding tariff commitments under trade agreements...
Persistent link: https://www.econbiz.de/10012912125
concludes that substantial trade policy barriers remain as an important feature of the world economy …
Persistent link: https://www.econbiz.de/10012936297