Showing 1 - 10 of 10
Bonus point systems are a popular tournament design feature in some sports. We consider a bonus point system for the Australian Football League (AFL). In this paper, we utilise league points as a measure of team strength in a prediction model and choose the allocation of points to maximise...
Persistent link: https://www.econbiz.de/10010611245
We analyse the impact of proposed changes in US legislation to allow greater use of dairy concentrate products in the production of fresh milk products. This change could potentially have a large impact on dairy trade as US tariffs on concentrated dairy products are low relative to average dairy...
Persistent link: https://www.econbiz.de/10010552478
We examine the impact of dairy disaggregation and joint production on trade liberalisation outcomes in an economy-wide model. Depending on parameterisation, our model includes either (a) a single dairy commodity, (b) several dairy commodities without joint production, or (c) several dairy...
Persistent link: https://www.econbiz.de/10010611220
We estimate tariff equivalents (TEs) of non-tariff barriers (NTBs) using a series of gravity equations. Our analysis focuses on New Zealand, a nation that has a comprehensive free trade agreement (with Australia) that can be used to benchmark other trade negotiations. We estimate reductions in...
Persistent link: https://www.econbiz.de/10010611255
We contribute to the trade-wage literature by conducting the first economy-wide analysis of the association between trade and wages in New Zealand. We find that increased imports since 1980 caused only a marginal increase in New Zealand wage inequality and, overall, increased trade (imports and...
Persistent link: https://www.econbiz.de/10010611260
Competition points are awarded in sports events to determine which participants qualify for the playoffs or to identify the champion. We use competition points to measure strength in a prediction model and choose competition points to maximise prediction accuracy. This allows us to determine the...
Persistent link: https://www.econbiz.de/10010611263
Bonus points provide a simple way to improve the accuracy of league standings. We investigate the inclusion of bonuses in the National Football League (NFL) using a prediction model built on league points. Both touchdown-based and narrow-loss bonuses are shown to be significant. Our preferred...
Persistent link: https://www.econbiz.de/10010611267
Food miles measure the distance food travels to reach consumers' plates. Although substituting local food for imported produce will not necessarily reduce greenhouse gas (GHG) emissions, the food miles movement is widely supported by consumers and import-competing producers. We investigate the...
Persistent link: https://www.econbiz.de/10010611269
This paper surveys computable general equilibrium (CGE) contributions to trade-wage debate. We conclude that this literature provides an avalanche of support for the view that trade has had only a minor influence on wage inequality through Heckscher-Ohlin channels. Moreover, some studies show...
Persistent link: https://www.econbiz.de/10010611271
This note considers the extension of the Kemp-Wan theorem on necessarily welfare-improving customs unions to free trade areas. It suggests that the value of this extension is undermined by its very rationale - the greater popularity of free trade areas over customs unions for 'political' reasons.
Persistent link: https://www.econbiz.de/10010611273