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Contrasting Revealed Comparative Advantages when Trade is (also) in Intermediate Products
Escaith, Hubert - 2020
The paper reviews and compare a selection of existing and new alternative indicators of Revealed Comparative Advantages, with a special emphasis on trade in intermediate products. The research adopts a statistical approach for both its theoretical and its analytical facets. The formal concepts...
Persistent link: https://www.econbiz.de/10014091275
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ГЛОБАЛНОТО направление на общата търговска политика на ЕС в началото на новия век
HADJINIKOLOV, DIMITAR - Volkswirtschaftliche Fakultät, … - 2010
period 2000-2009. The prerequisites for the global direction becoming a leading one are identified – economic globalization …
Persistent link: https://www.econbiz.de/10008685054
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Globalization and the Polish economy: stylized facts and simulations using a Computable General Equilibrium Model
Gradzewicz, Michał; Hagemejer, Jan; Zbigniew, Żółkiewski - Volkswirtschaftliche Fakultät, … - 2007
The aim of the paper is to quantitatively assess the impact of globalization on the economy of Poland in the medium … term. Four channels of the impact of globalization are distinguished: (i) trade openness, (ii) productivity improvement … of globalization on the performance of the Polish economy, stemming mainly from productivity improvements and …
Persistent link: https://www.econbiz.de/10008805822
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Enforceable vs. non-enforceable contracts: a theoretical appraisal with fair players.
D'Agostino, Elena; Lisciandra, Maurizio - Volkswirtschaftliche Fakultät, … - 2012
In this paper we provide a simple model examining the choice between enforceable and non-enforceable contracts when, on the one hand, drafting an enforceable contract is costly and, on the other hand, fulfilling a non-enforceable contract is left to parties’ fairness. According to the previous...
Persistent link: https://www.econbiz.de/10011259032
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Supplementary pension insurance in Slovenia: an analysis with an overlapping-generations general equilibrium model
Verbic, Miroslav - Volkswirtschaftliche Fakultät, … - 2007
The article presents an analysis of supplementary pension insurance in Slovenia and its subsequent effects on welfare, macroeconomic variables and pension fund deficit with a dynamic OLG general equilibrium model. It has been established that the volume of supplementary pension saving is...
Persistent link: https://www.econbiz.de/10005260173
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Fiscal rules in a highly distorted economy
Marattin, Luigi; Marzo, Massimiliano - Volkswirtschaftliche Fakultät, … - 2009
The objective of this paper is to investigate the optimality of EMU fiscal rules from a welfare perspective. We compute welfare-maximizing feedback coefficients for monetary and fiscal rules in a NK-DSGE with a high number of nominal and real distortions, calibrated on the Euro-area data. The...
Persistent link: https://www.econbiz.de/10005260301
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Comparing Monopoly and Duopoly on a Two-Sided Market without Product Differentiation
Böhme, Enrico; Müller, Christopher - Volkswirtschaftliche Fakultät, … - 2010
We propose both a monopoly and a duopoly model of a two-sided market. Both settings are fully comparable, as we impose a homogeneous good produced at zero costs without capacity constraints, as well as identical parameterization of market sizes. We determine the duopoly equilibrium and the...
Persistent link: https://www.econbiz.de/10008543016
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Managerial Incentives and Stackelberg Equilibria in Oligopoly
Scrimitore, Marcella - Volkswirtschaftliche Fakultät, … - 2010
The paper investigates both quantity and price oligopoly games in markets with a variable number of managerial and entrepreneurial firms which defines market structure. Following Vickers (Economic Journal, 1985) which establishes an equivalence between the equilibrium under unilateral delegation...
Persistent link: https://www.econbiz.de/10008534210
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Firm entry, product repositioning and welfare
Zacharias, Eleftherios - Volkswirtschaftliche Fakultät, … - 2009
We show that the entry of a second firm in a horizontally differentiated market (ala Hotelling) may harm consumers as prices increase and consumer's surplus possibly decrease. We first derive the price and the consumer's surplus of a monopoly which is located at the center of the market. When a...
Persistent link: https://www.econbiz.de/10004999188
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Varying the parameters of the Slovenian pension system: an analysis with an overlapping-generations general equilibrium model
Verbic, Miroslav - Volkswirtschaftliche Fakultät, … - 2007
The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian pension reform and an analysis of effects of the pension fund deficit on sustainability of Slovenian public finances with a dynamic OLG general equilibrium model. Stress was...
Persistent link: https://www.econbiz.de/10005616925