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Using a two-sector-two-country model with aggregate scale economies and unionisation, we show that optimal welfare state policy entails positive levels of unemployment benefits under free-trade and capital mobility. In this setting, economic integration does not reduce the revenue raising...
Persistent link: https://www.econbiz.de/10005408070
In our society today, money's value is measured by what it can buy—its purchasing power—not by its material worth, but it hasn't always been so. · My previous papers Impact of agriculture output on exchange rates and Currency competition-Survival of the fittest dealt with issues surrounding...
Persistent link: https://www.econbiz.de/10005408054
Economic theory suggests that liberalization of trade between countries with differing levels of environmental protection could lead pollution- intensive industry to concentrate in the nations where regulations are lax. This effect, often referred to as the “pollution haven” hypothesis, is...
Persistent link: https://www.econbiz.de/10005556494
Agriculture accounts for USD 547 billion (approximately) of international trade, which means 9.1% of world merchandise trade and it constitutes 40.9% of world exports in primary products.In the coming decades the agricultural sector faces many challenges stemming from growing global populations,...
Persistent link: https://www.econbiz.de/10005119347
Recent studies of public attitudes toward trade have converged upon one central finding: support for trade restrictions is highest among respondents with the lowest levels of education. This has been interpreted as strong support for the Stolper-Samuelson theorem, the classic economic treatment...
Persistent link: https://www.econbiz.de/10005062586
The study investigates the effects of trade volume and trade policies on economic growth. An extension of an earlier study, conducted by Halit Yanikkaya, the study investigates economic growth from cross-section data of 99 countries between 1998 and 2002. The study employs trade measure...
Persistent link: https://www.econbiz.de/10005062649
Evaluation of portuguese economy, international trade of Portugal and others countries and by groups of products. Trade of Portugal whith Ibero - Americans countries.
Persistent link: https://www.econbiz.de/10005408034
Persistent link: https://www.econbiz.de/10005408049
Evaluation of portuguese economy, international trade of Portugal and others countries and by groups of products. Trade of Portugal whith Ibero - Americans countries.
Persistent link: https://www.econbiz.de/10005556446
This study provides a quantitative estimate of the potential economic consequences of multilateral trade reform under the WTO for Africa using a framework that explicitly incorporates issues of concern to the region, such as preference erosion, loss of tariff revenue, and trade facilitation. It...
Persistent link: https://www.econbiz.de/10005556452