Showing 91 - 100 of 292
Incorporating family decisions in a two-period-model of the world economy, we show that trade liberalization may reduce child labour in developing countries where the initial share of skilled workers in the adult workforce – though not as large as in developed countries – is nonetheless...
Persistent link: https://www.econbiz.de/10010488142
We study the relationship between offshoring and the prevalence and intensity of labor market imperfections at the firm …-markdown pricing originating from firms' monopsony power in both countries. Offshoring benefits firms in that imports of final as well … offshoring on wage markdowns arises from an increase in productivity that is only imperfectly passed through into an increase in …
Persistent link: https://www.econbiz.de/10013547721
This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated goods. We show that welfare is a U-shaped function in the transport cost as long as trade occurs in equilibrium. With a Cournot duopoly trade can reduce welfare compared to...
Persistent link: https://www.econbiz.de/10010320114
Two-way trade in (almost) homogenous products has ambiguous welfare effects if entry is restricted. We examine Swedish imports of bottled water to investigate whether transport cost losses from trade outweigh the partial equilibrium gains from trade (stronger competition and more brands to...
Persistent link: https://www.econbiz.de/10010320123
We consider policy issues regarding parallel imports (PIs) of brand-name pharmaceuticals in the European Union, where such trade is permitted. We develop a simple model in which an original manufacturer competes in its home market with PI firms. The model suggests that for small trade costs the...
Persistent link: https://www.econbiz.de/10010320147
We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets that are integrated at the distributor level by parallel imports (PI). The manufacturing firm needs to set these two prices to balance three competing interests: restricting competition...
Persistent link: https://www.econbiz.de/10010320183
We use a specific-factor model to examine the conditions under which policy-makers are able to increase aggregate production of high-tech goods by production or R&D-subsidies in the short and long run. The difficulties for the policy-makers in designing a subsidy scheme that succeeds in...
Persistent link: https://www.econbiz.de/10010334684
This paper presents a dynamic general equilibrium model of trade between two advanced countries in which both innovation and skilled acquisition rates are endogenously determined. The model offers a North-North (as opposed to a North-South) trade explanation for increasing relative wage...
Persistent link: https://www.econbiz.de/10010334719
This paper considers a small open economy with an input-output industrial structure that creates vertical linkages and multiple equilibria. An imperfect labor market is introduced by assuming unionized labor. It is shown that a deregulation of the labor market may trigger a large discontinuous...
Persistent link: https://www.econbiz.de/10010334766
Persistent link: https://www.econbiz.de/10010334783