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equilibrium models of trade. We follow a dual approach, highlighting how general equilibrium distributional aspects of social … inequality results in trade theory that are focused strictly on functional rather than household inequality. As an application of … for a broad class of models. …
Persistent link: https://www.econbiz.de/10010294852
theoretical representation of production, trade, and consumption, we map a general representation of the real economy to …
Persistent link: https://www.econbiz.de/10010294853
Governments in more developed economies partially compensate import-competing industries when world prices fall, i.e. they lean against the wind. In less developed economies we often observe liberalization in response to the same shock. We use a political-support maximization model with revenue...
Persistent link: https://www.econbiz.de/10010334348
We analyze how economy-wide forces (i.e.shocks to terms of trade, technology and endowments) affect the intensity of … have perverse effects, and offers guidance on how to integrate international trade policy and peacekeeping efforts …”. – conflict ; civil war ; crime ; social constraint ; populism ; trade policy ; inefficient redistribution …
Persistent link: https://www.econbiz.de/10010318947
Realisation that foreign startups have the potential to add new and innovative products and services to the market …
Persistent link: https://www.econbiz.de/10012099533
As a result of the current global financial crisis, in 2009 the world economy is likely to experience the largest contraction since World War II and the unemployment rate to reach historical highs in many countries. The fact that the current global crisis is originated from the U.S. and followed...
Persistent link: https://www.econbiz.de/10010273672
same period, economic life changed both qualitatively and quantitatively. Trade and specialisation increased, coinage was … introduced and self-sufficient farming gradually gave way to reliance on imports and on the market for necessary goods. These …
Persistent link: https://www.econbiz.de/10013208528
between the two shrinks with relative market size. While growth rates substiantially increase when IPR-enforcement is …
Persistent link: https://www.econbiz.de/10010305986
This paper investigates economic and political determinants of protection across the secondary (manufacturing) sector. Economic factors can be summarized by the infant industry argument and we expect industries which are relatively efficient compared to the rest-of-the-world to have low levels...
Persistent link: https://www.econbiz.de/10010334289
for adverse effects of regulatory heterogeneity on intra-EU trade in the pre-harmonization period, which questions the … for non-EU, including non-OECD, exporters to the Common Market. …
Persistent link: https://www.econbiz.de/10012099543