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quantitative assessments of SAFTA. Using the global general equilibrium model the paper has also explored the welfare implications …
Persistent link: https://www.econbiz.de/10011110880
. Simulation exercise based on a global general equilibrium model suggests that though there are prospects of welfare gains for … India, Pakistan and Sri Lanka, there are risks of welfare loss for Bangladesh and other LDCs in South Asia out of FTA in … effects for these countries. However, such welfare loss could be well compensated by the rise in welfare due to improvement in …
Persistent link: https://www.econbiz.de/10011112676
This paper develops a method to measure difficulties in market access over a large set of countries (both developing and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to estimate the impact of national borders on global and regional...
Persistent link: https://www.econbiz.de/10009404630
national and world welfare. …
Persistent link: https://www.econbiz.de/10005260181
countries may have on industrial location, growth and welfare. The conclusions reached finally depend both on whether the import … rich country, the growth rate increases and welfare improves in both countries. If integration means that industry moves to … the poor country, the growth rate decreases; in spite of this, in this case the poor country can also improve its welfare. …
Persistent link: https://www.econbiz.de/10005026631
In a closed economy, the infinite-horizon and the overlapping generations (OG) model prescribe diametrically opposite policies on factor taxation: the former argues that the growth-maximizing capital income tax rate should be set to zero, whereas the latter argues that it should be set as high...
Persistent link: https://www.econbiz.de/10008490510
This study of regional South-South (S-S) trade and cooperation in East, South and South-East Asian countries (ESSEA) aims to provide an economic rationale for S-S trade; shed some light on the extent and pattern of S-S trade in the ESSEA region; examine the dynamic forces behind the expansion of...
Persistent link: https://www.econbiz.de/10005835384
The article summarizes research results about global conflict from the main research publications and focuses them on the trajectory of the European Union, which, according to the author, will unfortunately embark on a terra ferma concept and which will embark on a strategy of global challenge...
Persistent link: https://www.econbiz.de/10005835389
In current study we analyze the convergence of trade between Central and Eastern European countries (CEECs) and European Union (EU) during the period from 1984 to 2004. In our extension of the theoretical framework of Helpman, Melitz and Rubinstein (2005) with heterogeneous firms we discuss the...
Persistent link: https://www.econbiz.de/10005835459
Thanks to a level of growth in foreign investment, the gap is narrowing between Romania and other East European countries like the Czech Republic, Poland and Hungary, countries normally considered the preferred choice of foreign investors. In the last years, Romania has become a more appealing...
Persistent link: https://www.econbiz.de/10005835460