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The present study applies purpose-built dynamic computable general equilibrium models for Ghana and Kenya with a disaggregated country-specific representation of the power sector to simulate the prospective medium-run growth and distributional implications associated with a shift towards a...
Persistent link: https://www.econbiz.de/10012894601
Building upon earlier work by Willenbockel (2013; MPRA Paper No.51501), this study provides an extended ex-ante computable general equilibrium (CGE) assessment of the Tripartite Free Trade Agreement between the member states of the Common Market for Eastern and Southern Africa, the East African...
Persistent link: https://www.econbiz.de/10012894604
An alternative theoretical setting is presented to characterise the money demand and the monetary equilibrium. Two main hypotheses are stated that contradict the assumptions normally sustained by scholars and policy-makers: National output is assumed to be a random variable, and people are...
Persistent link: https://www.econbiz.de/10013148534
favourable to the domestic economy in Bangladesh. There is a lack of consensus on the issue. There is also continuing debate over … the future direction of trade liberalization in Bangladesh. Questions have been raised over whether Bangladesh ought to … assesses trade liberalization in Bangladesh and examines its impact on growth and employment in the country. …
Persistent link: https://www.econbiz.de/10011111301
This paper introduces endogenous labour market imperfection in an otherwise Heckscher-Ohlin-Samuelson (HOS) model. It demonstrates that this framework satisfies the Stolper-Samuelson theorem and the magnification effect and that it is capable of producing certain trade-theoretic results which...
Persistent link: https://www.econbiz.de/10009421998
This paper explains the existence of intersectoral wage differential in a developing economy in terms of trade union behavior in the formal sector industry and analyzes its role in predicting the outcomes of trade and investment reforms on welfare. It provides theoretical explanations of certain...
Persistent link: https://www.econbiz.de/10011111406
We extend the benchmark model of DMP in a two-sector general equilibrium framework by introducing a frictionless segment of the labour market. We also examine the effects of trade reforms and labour market reforms on equilibrium rate of unemployment and wage inequality in our stylitzed economy....
Persistent link: https://www.econbiz.de/10011112715
The study analyzed financial market integration in the five countries of South Asia, Pakistan, India, Bangladesh, Sri … Lanka and Nepal. All the variables are found to be integrated of the same order in the case of Pakistan, India and Nepal …. But for Bangladesh and Sri Lanka they are of different order. The study used Engle Granger (1987) two step methods to …
Persistent link: https://www.econbiz.de/10005837003
, Bangladesh, India, Pakistan, and Sri Lanka, covering the period from 1980 to 2003. The analysis is done with the help of tables … are integrated with major markets, that is, of USA, UK, and Japan. There is clear evidence that the markets in India and …
Persistent link: https://www.econbiz.de/10005621809
in the South Asian countries such as Bangladesh, Pakistan and India. For the efficiency analysis we used non parametric … eight MFIs from Pakistan, six MFIs from Bangladesh and five MFIs from India are at the efficient frontier under variable … returns to scale. The technical efficiency figures for Pakistan, Bangladesh and India are 0.395, 0.087, and 0.28, respectively …
Persistent link: https://www.econbiz.de/10005621934