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The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models, beginning with Harris (1984), led to much larger welfare effects from changes such as trade liberalization. But the imperfect competition side of these IO developments has often...
Persistent link: https://www.econbiz.de/10014357511
The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models, beginning with Harris (1984), led to much larger welfare effects from changes such as trade liberalization. But the imperfect competition side of these IO developments has often...
Persistent link: https://www.econbiz.de/10014252426
The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number and size of firms. Whether economies of scale rise or fall in a particular industry...
Persistent link: https://www.econbiz.de/10011445696
Spanish Abstract: Mediante un modelo de equilibrio general computable, en el que se discrimina un sector informal en la economía, se modela el sector formal como un mercado de competencia monopolística. Además de incluir mercados de trabajo discriminados, este modelo también evalúa el...
Persistent link: https://www.econbiz.de/10013051866
This paper reports the application of our new spatial computable general equilibrium (SCGE) model for analyzing the wider effects of strategic transport and land use development options. We examine the insights afforded by a SCGE model relative to those provided by existing land use and...
Persistent link: https://www.econbiz.de/10011507862
Persistent link: https://www.econbiz.de/10011452656
The concepts of comparative and "noncomparative" advantagegains/losses from trade are made precise, related to each other and to an aggregate measure of trade gains in a general equilibrium model with increasing returns to scale and imperfect competition (with any finite number of goods and...
Persistent link: https://www.econbiz.de/10009708618
The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number and size of firms. Whether economies of scale rise or fall in a particular industry...
Persistent link: https://www.econbiz.de/10013428389
The Australian economy is constantly affected by technological, demand and policy shocks from home and abroad. The opportunities and challenges presented by these shocks create demand for government advice on the likely effects on households, firms and the Australian economy, and in turn...
Persistent link: https://www.econbiz.de/10014333506
Persistent link: https://www.econbiz.de/10012225052