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reduce some forms of poverty and inequality but worsen others, so the net effects are unclear without empirical modeling … the remaining distortions to world merchandise trade on poverty and inequality globally and in various developing … for a sample of 15 countries, and ten stand-alone national case studies, all point to larger reductions in poverty …
Persistent link: https://www.econbiz.de/10008468695
This paper develops a model to analyse the implications of firing costs on incentives for R&D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labour market will tend to produce relatively secure goods, at late stages in their product...
Persistent link: https://www.econbiz.de/10005136526
We examine the quantitative predictions of heterogeneous firm models à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity across a range of standard models and compare them to the...
Persistent link: https://www.econbiz.de/10011083215
We address the issue of social distribution of an aggregate risk (on agricultural export price), from a macroeconomic perspective. Individual incomes in representative social groups are computed as a function of export prices, which are assumed to be stochastic, using an applied general...
Persistent link: https://www.econbiz.de/10005497736
We develop a multi-country Dixit-Stiglitz model to investigate the impacts of: (i) changes in the international distribution of consumers' expenditure; (ii) decreasing tariffs; and (iii) improvements in transportation infrastructure. We show that, in general, decreasing tariff barriers do not...
Persistent link: https://www.econbiz.de/10005123913
International negotiations for an agreement to reduce the emission of greenhouse gases are unlikely to produce concrete and comprehensive policies for effective emission reductions in the near term, not least because the policy measures being considered are economically very costly to major...
Persistent link: https://www.econbiz.de/10005124128
Using a numerical general equilibrium model we examine the possible production, trade and welfare effects of successful implementation of the Uruguay Round results. The model includes trade in manufactures and (some) services among industrial regions and countries; there is imperfect competition...
Persistent link: https://www.econbiz.de/10005124490
suggest real net farm incomes would rise in developing countries with a move to free trade, thereby alleviating rural poverty …
Persistent link: https://www.econbiz.de/10005067631
poverty. A Doha partial liberalization could move the world some way towards those desirable outcomes, but more so the more …
Persistent link: https://www.econbiz.de/10005114393
Rapid economic growth in some emerging economies in recent decades has significantly increased their global economic importance. If this rapid growth continues and is strongest in resource-poor Asian economies, the growth in global demand for imports of primary products also will continue, to...
Persistent link: https://www.econbiz.de/10011084563