Showing 1 - 10 of 31
The concept of virtual water – the amount of water used during the entire production chain of goods – represents a new tool for policymakers in water-scarce countries to shape policies in ways that improve water use efficiency. The present study extends work on the virtual water concept by...
Persistent link: https://www.econbiz.de/10010991440
effects of the public good on the productivities. The model integrates a few well-known models in the literature of economic … growth in a comprehensive framework. These models include Solow’s growth model, Uzawa’s two-sector growth model, the … neoclassical growth models of small-open economies, and the growth models with externalities, public good, and congestion. The …
Persistent link: https://www.econbiz.de/10010991444
The debate on international trade and labor market equilibria has often neglected the effects of the former in terms of employment, assuming that these very effects would have been nullified by general equilibrium sector reshuffling. Nevertheless these effects can be relevant also in general...
Persistent link: https://www.econbiz.de/10008459619
In this article the Heckscher-Ohlin (H-O) theorem in its both the ‘commodity’ and the ‘factor content’ version is examined under the existence of non-factor price equalisation conditions in the bilateral trade between two countries, in a model with three countries and many commodities....
Persistent link: https://www.econbiz.de/10008512527
This paper uses duality techniques and a new diagram to represent the specific factors model. Compared to the existing representations, it is more complete and intuitive, as well as highlighting certain important features of the model. It also allows unemployment to be more easily incorporated,...
Persistent link: https://www.econbiz.de/10008479097
). Setting aside one sector models opens the way for less worrying results. Considering externalities due to human capital …
Persistent link: https://www.econbiz.de/10008479477
In this paper we analyze the dynamics of catching up for a backward three sector economy and investigate the transitional structural adjustment process. A theoretical model is developed to explain international development and trade patterns as a transitory process of technological catching up....
Persistent link: https://www.econbiz.de/10008479482
A multi-region and multi-sector intertemporal general equilibrium model is constructed to study MERCOSUR regional trade agreement effects on its member countries as well as on a non-member country, the United States. By taking into account both transitional and steady state adjustments,...
Persistent link: https://www.econbiz.de/10008479512
By using a three countries-one-commodity trade model, this paper measures the export earnings instability of LDCs in free trade and in an import tariff distorted equilibrium. Free trade is superior to the policy regime when the instability of LDCs’ exports is less than that observed under the...
Persistent link: https://www.econbiz.de/10004987124
High- and medium-tech exports (hereafter complex exports), refl ecting a nation’s technological capabilities, can bring a nation larger benefi ts from international trade than simple exports. What determines the complex exports? While the topic is quite important, the quantitative analysis on...
Persistent link: https://www.econbiz.de/10005005772