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This essay attempts to use the pure theory of welfare economics to address the ethical issues that underlie the choice of future population size. The essay begins with a summary of welfare economic theory as it pertains to situations where population size is not subject to choice, and notes that...
Persistent link: https://www.econbiz.de/10005666921
We analyse a rich cross-country data set that contains information on attitudes toward trade as well as a broad range of socio-demographic, and other, indicators. We find that pro-trade preferences are significantly and robustly correlated with an individual's level of human capital, in the...
Persistent link: https://www.econbiz.de/10005791973
in surveys of professional forecasts survive in equilibrium, and that these markets are remarkably well calibrated …
Persistent link: https://www.econbiz.de/10005656457
Mexican exports to the US in 2001, this Paper estimates the likely costs of different RoO for final and intermediate goods … revealed preference criterion that estimated costs should be less than preference rates when utilization rates are …
Persistent link: https://www.econbiz.de/10005666719
effects across countries subjected to some set of PSRO and to compute estimates of the compliance costs associated with rules …
Persistent link: https://www.econbiz.de/10005666836
surveying Pakistani soccer-ball producers. We document six facts: (1) Mark-ups are more dispersed than costs; (2) Mark-ups and … costs increase with firm size; (3) The mark-up elasticity with respect to size exceeds the cost elasticity; (4) Costs …
Persistent link: https://www.econbiz.de/10011145410
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU is a significant determinant of inflation in a simple backward-looking Phillips Curve that incorporates import prices. While there is a break in 1979-80, when the link to...
Persistent link: https://www.econbiz.de/10011272719
The paper describes the insights which trade theory can provide into economic developments in Ireland during the 1930s … from tariffs to the so-called 'economic war' between Ireland and Britain (1932-8). The outcome tentatively supports the … claim that Ireland 'did not lose' this war. …
Persistent link: https://www.econbiz.de/10005662097
board experiences, namely that of Ireland. We review the institutional arrangements which underpinned the Irish pound for a … half-century and consider the benefits and costs which resulted. While the regime did have a credibility which led to low …
Persistent link: https://www.econbiz.de/10005662121
The contrasting tariff regimes of Northern and Southern Ireland after 1932 must have influenced industrial structure …
Persistent link: https://www.econbiz.de/10005662419