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A Model Of Market-Enhancing Infrastructure

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 2000

asymmetric firms, restructuring, and entry. We show how these welfare effects depend on the initial level of market development …, and restructuring and entry costs. The model generates an endogenous demand for infrastructure investment, and the … simulate the relative welfare effects of reducing transport, restructuring and entry costs, and we evaluate in each case the …

Persistent link: https://www.econbiz.de/10005656176

Competition, Entry, and the Social Returns to Infrastructure in Transition Economies

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 1999

incentives for relatively low-cost firms to enter the market, and thus improves the efficiency of the entry process. The … among firms, the proportion of high-cost firms, the cost of restructuring, and entry costs for new firms. …

Persistent link: https://www.econbiz.de/10005667044

Changing contributions of different agricultural policy instruments to global reductions in trade and welfare

Anderson, Kym; Croser, Johanna L. - C.E.P.R. Discussion Papers - 2010

Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators, especially when (especially in developing...

Persistent link: https://www.econbiz.de/10008468528

Agricultural Distortions in Sub-Saharan Africa: Trade and Welfare Indicators, 1961 to 2004

Anderson, Kym; Croser, Johanna L. - C.E.P.R. Discussion Papers - 2010

For decades, agricultural price and trade policies in Sub-Saharan Africa hampered farmers’ contributions to economic growth and poverty reduction. While there has been much policy reform over the past two decades, the injections of agricultural development funding, together with on-going...

Persistent link: https://www.econbiz.de/10008468599

Measuring Distortions to Agricultural Incentives, Revisited

Anderson, Kym; Kurzweil, Marianne; Martin, Will; … - C.E.P.R. Discussion Papers - 2008

Notwithstanding the tariffication component of the Uruguay Round Agreement on Agriculture, import tariffs on farm products continue to provide an incomplete indication of the extent to which agricultural producer and consumer incentives are distorted in national markets. As well, in developing...

Persistent link: https://www.econbiz.de/10005498082

Grain Price Spikes and Beggar-thy-neighbor Policy Responses: A Global Economywide Analysis

Anderson, Kym; Jensen, Hans G. - C.E.P.R. Discussion Papers - 2014

When prices spike in international grain markets, national governments often reduce the extent to which that spike affects their domestic food markets. Those actions exacerbate the price spike and international welfare transfer associated with that terms of trade change. Several recent analyses...

Persistent link: https://www.econbiz.de/10011084272

Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Competition and Quality in Regulated Markets: a Differential-Game Approach

Brekke, Kurt Richard; Cellini, Roberto; Siciliani, Luigi; … - C.E.P.R. Discussion Papers - 2008

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public utilities) taking a differential game approach, in which quality is a stock variable. Using a Hotelling framework, we derive the open-loop solution (providers commit to an...

Persistent link: https://www.econbiz.de/10005504502