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Entrepôt : Hubs, Scale, and Trade Costs
Ganapati, Sharat - 2020
Entrepôts are hubs that facilitate trade between various origins and destinations. We study the role these hubs, and the networks they form, play in international trade. Using novel data, we trace the paths of containerized goods entering the United States. We show that the majority of trade is...
Persistent link: https://www.econbiz.de/10012837477
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Does Coordination among Assessing Units Generate Returns to Scale? Evidence from New York State
Kim, Yusun - 2019
This paper explores (dis-)economies of scale in property value assessment via cooperative agreements among small tax assessing jurisdictions without consolidation. New York State incentivizes small neighboring towns to unify their assessment function while maintaining respective tax authority;...
Persistent link: https://www.econbiz.de/10012859604
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Incorporating Theory-Consistent Endogenous Markups into Applied General-Equilibrium Models
Markusen, James R. - 2023
The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models … competition side of these IO developments has often failed to incorporate meaningful strategic behavior, largely ruling out firm … Nash Bertrand competition in a CES environment with free entry and exit. Then I code a simple numerical model using non …
Persistent link: https://www.econbiz.de/10014357511
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Subsidizing extra jobs: promoting employment by taming the unions
Knabe, Andreas; Schöb, Ronnie - 2007
We study the subsidization of extra jobs in a general equilibrium framework. While the previous literature focuses on symmetric marginal employment subsidies where firms are rewarded when they increase employment but punished when they reduce their workforce, we consider an asymmetric scheme...
Persistent link: https://www.econbiz.de/10010264237
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Optimal redistributive tax and education policies in general equilibrium
Jacobs, Bas - 2007
Should a redistributive government optimally subsidize education to provoke a reduction in the skill premium through general equilibrium effects on wages? To answer this question, this paper studies optimal linear and non-linear redistributive income taxes and education subsidies in two-type...
Persistent link: https://www.econbiz.de/10010264262
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Demographic change and regional labour markets: the case of Eastern Germany
Henschel, Beate; Pohl, Carsten; Thum, Marcel - 2008
Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of...
Persistent link: https://www.econbiz.de/10010264373
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Trade retaliation in a monetary-trade model
Whalley, John; Yu, Jun; Zhang, Shunming - 2009
We explore how outcomes of trade policy retaliation (Nash tariff games) are affected when trade simultaneously takes places geographically across countries and through time via financial intermediation. In such models deficits and surpluses in goods trade are endogenously determined, and...
Persistent link: https://www.econbiz.de/10010264539
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Six distributional effects of environmental policy
Fullerton, Don - 2010
While prior literature has identified various effects of environmental policy, this note uses the example of a proposed carbon permit system to illustrate and discuss six different types of distributional effects: (1) higher prices of carbon-intensive products, (2) changes in relative returns to...
Persistent link: https://www.econbiz.de/10010274806
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The Johansson-Samuelson theorem in general equilibrium: a rebuttal
Menoncin, Francesco; Panteghini, Paolo M. - 2008
The well-known Johansson-Samuelson Theorem proves that, in partial equilibrium, comprehensive income taxation with a uniform tax rate is neutral in terms of investment decisions, if fiscal depreciation allowances coincide with economic depreciation. In this article we show that this result does...
Persistent link: https://www.econbiz.de/10010276144
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Trade and Imperfect Competition in General Equilibrium
Koska, Onur A.; Stähler, Frank - 2011
This paper employs a general equilibrium model of imperfect competition and trade in which capital is used to establish …
Persistent link: https://www.econbiz.de/10010277390