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This paper studies how cross-sector strategic trade policy affects wages, country-wide profits, and welfare. I develop …. Consequences on income distributions are derived. Domestic social welfare is unambiguously penalized, suggesting political …
Persistent link: https://www.econbiz.de/10011109862
downstream and upstream firms may or may not occur, as social welfare depends on who chooses the competition mode and the degree …
Persistent link: https://www.econbiz.de/10011114015
Financial development is definitely a determinant of the extent of foreign direct investment (FDI) inflow into an economy. Yet, the contribution of financial development (FD) can be dependent on the political situation of the recipient nation. Higher political stability aids financial...
Persistent link: https://www.econbiz.de/10005789481
the welfare system in developed countries. Other chapters follow. …
Persistent link: https://www.econbiz.de/10011259816
Data from Stability Programs (European Countries) and from Us Congress Budget Office and Us Bureau of Census are collected to investigate the burden each worker will have to bear in the future in order to finance pension and health care provisions. If the private side of the system is based,...
Persistent link: https://www.econbiz.de/10011108591
Ecofin-Oecd methodology is applied to investigate the past trends of the public health care expenditure in Basilicata. The expenditure is standardized to take into account the composition of the population in terms of age. Did Basilicata spend too much compared to the Italian average? The answer...
Persistent link: https://www.econbiz.de/10011112138
The paper proposes a method to speed up the transition toward the notional contributions pension system in Italy. It seems the most appropriate manner to combine and pursue employment and financial sustainability goals. The method computes percentages for abating the old retributive pensions...
Persistent link: https://www.econbiz.de/10011112697
national and world welfare. …
Persistent link: https://www.econbiz.de/10005260181
This paper proposes a 2-country 3-region economic geography model that can account for the most salient stylized facts experienced by Eastern European transition economies during the 1990s. In contrast to the existing literature, which has favored technological explanations, trade liberalization...
Persistent link: https://www.econbiz.de/10005786917
In a three country model with endogenous tariffs, this paper evaluates and contrasts the welfare effects of free trade …’s welfare is higher than that under free trade. Furthermore, if the common member is relatively efficient compared to the other … two countries, such a ‘hub and spoke’ pattern of FTAs can yield higher global welfare than free trade. By contrast, such …
Persistent link: https://www.econbiz.de/10008565441