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With the aim to explain the explosive growth of trade between China and Africa, especially the impacts of China's exportation on African countries, a simple South-South trade model is constructed to formulate the idea that for a technologically backward country to improve its production...
Persistent link: https://www.econbiz.de/10008793509
This paper sheds light on the restrictive nature of rules of origin (ROO) and on the role of diagonal cumulation in mitigating the protectionist content of ROO. Empirical evidence suggests that diagonal cumulation has beneficial effects on trade - particularly among spoke countries. We show that...
Persistent link: https://www.econbiz.de/10010898816
distinct contexts. First, for any real "allocation" matrix f. Second, for any integer constrained "apportionment" matrix f. In …
Persistent link: https://www.econbiz.de/10010898972
the more recent domains of happiness economics, the comparative approach by Amartya Sen, and the theory of fair allocation …
Persistent link: https://www.econbiz.de/10010821112
Conventional normative economics is built on the assumption that people act as if seeking to satisfy coherent and a priori preferences. This model has however been challenged by many empirical works highlighting the existence of systematic deviations from the behaviour predicted by the...
Persistent link: https://www.econbiz.de/10010821143
This paper briefly presents the life of Abram Bergson (Burk). It summarizes its most important contributions to economic theory : microeconomics, welfare economics, comparative economics and sovietology. The role of value judgments in the construction of social indexes or in the comparison of...
Persistent link: https://www.econbiz.de/10010821421
This paper analyzes the environmental tax policy issues when labor is heterogeneous. The objective is to assess whether an environmental tax policy could be Pareto improving, when the revenue of the pollution tax is recycled by a change in the labor tax properties. We show that, depending on the...
Persistent link: https://www.econbiz.de/10010603929
The "Elimination by aspects" (EBA) duopoly of product differentiation (Laurent, 2006a) was constructed from the discrete model of probabilistic choice worked out by Tversky (1972a,b). In this framework, an unique price equilibrium exists with a "differentiation by attributes", which embodies...
Persistent link: https://www.econbiz.de/10010738861
This paper evaluates the welfare gains arising from a deeper trade integration in the European Monetary Union. To do this, the European Monetary Union is represented in a realistic way by an intertemporal general equilibrium model with incomplete financial markets, sticky prices and home bias...
Persistent link: https://www.econbiz.de/10008789301
European countries have increased their use of environmental tax instruments by designing new tax bases. But, many countries have to face the opposition of the public opinion, for fear of the distributive consequences of these environmental tax reforms. This paper sheds light on the distributive...
Persistent link: https://www.econbiz.de/10010635075