Showing 1 - 10 of 251
This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming “continuum-Pollak” preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a...
Persistent link: https://www.econbiz.de/10013000218
This paper examines the effect of trade integration and comparative advantage on one of a country's institutions, which in turn influences its economic efficiency. The environment we explore is one in which a country's lower classes may revolt and appropriate wealth owned by a ruling elite. The...
Persistent link: https://www.econbiz.de/10012960105
growth. The analysis is performed in a two-country growth model with endogenous fertility, in which congestion diseconomies …
Persistent link: https://www.econbiz.de/10012953488
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a simple user-friendly formula to calculate the global...
Persistent link: https://www.econbiz.de/10013108084
with the Arrow/Romer approach to endogenous growth to analyze the interaction of risk, growth, and inequality, the latter …. Major results include that growth, inequality, and risk are positively related in our model, but we also identify a hump … find that the tax–transfer scheme positively affects growth while simultaneously reducing wealth inequality in the economy …
Persistent link: https://www.econbiz.de/10013105141
growth model with endogenous fertility. I show how refugee resettlement from a more advanced and wealthier economy to a less … economic growth in both economies …
Persistent link: https://www.econbiz.de/10012918058
R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth … heterogeneous agents and entrepreneurial innovations in which any form of scale effect is absent. A higher population growth rate … has a negligible, possibly negative effect on the long-run growth rate of per capita income. Long-run growth is sustained …
Persistent link: https://www.econbiz.de/10013316550
The optimal mix of growth policies is determined within a comprehensive endogenous growth model. The analysis captures …
Persistent link: https://www.econbiz.de/10013142140
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...
Persistent link: https://www.econbiz.de/10013094894
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10012926575