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require a substantial increase in multifactor productivity growth. In our third simulation, we model the size of the increase … in multifactor productivity necessary to offset the forecast declining terms of trade, rising dependency ratio, and other … forecast economic challenges. We find that the required rate of productivity growth, at 1.96% p.a., is of a level not seen in …
Persistent link: https://www.econbiz.de/10010907911
In this article, we disentangle the relationship between the skill premium, trade liberalization and productivity … Accounting Matrices, Household Budget Surveys and the EU KLEMS Growth and Productivity Accounts database, we calibrate it to …. While productivity changes account for only a small fraction of the skill premium increases during 1995 and 2000, they …
Persistent link: https://www.econbiz.de/10010755527
In this paper we seek to explain the causes and consequences of Northern penetration in Southern subsistence markets in order to reach the countless masses at the Bottom of the (Income) Pyramid. To this end we formulate a One-North-Many-Souths model, inspired by the Krugman (1979) North-South...
Persistent link: https://www.econbiz.de/10010712192
Using a dynamic general equilibrium model, the paper provides a quantitative assessment of the impact of the Multifiber Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits the analysis of the effects of the shock on...
Persistent link: https://www.econbiz.de/10010954293
Commissioned by the European Commission, the Final Report for the EU-Canada Sustainability Impact Assessment (SIA) on the EU-Canada Comprehensive Economic and Trade Agreement (CETA) provides a comprehensive assessment of the potential impacts of trade liberalisation under CETA. The analysis...
Persistent link: https://www.econbiz.de/10009647267
(english) Within a multisectoral general equilibrium framework, we explicitly model endogenous wage differentials between sectors. The model, based on efficiency wage theory (the Shirking Model) is used to assess the impact of trade liberalization on employment and wages in Tunisia. Highly...
Persistent link: https://www.econbiz.de/10005767568
The latest episode of the armed conflict between Northern and Southern Sudan erupted in 1983 and ended with the signing of the "Comprehensive Peace Agreement (CPA)" in 2005. The CPA allows for a referendum on independence for South Sudan in 2011. A similar scenario is possible for Darfur, where...
Persistent link: https://www.econbiz.de/10008552822
productivity, then we find that trade substantially increased wage inequalities. …
Persistent link: https://www.econbiz.de/10005125201
Cet article etudie les enseignements des modeles d'equilibre general calculables quant a l'impact sur les salaires relatifs d'un choc de politique commerciale ou d'un choc exogene de commerce international. Les simulations presentees confirment que, en s'appuyant sur un cadre d'analyse...
Persistent link: https://www.econbiz.de/10005406479
(english) The end of the Multifiber Agreement in January 2005 had a negative impact on the Tunisian apparel industry, but the effects were weaker than expected. Using a dynamic general equilibrium model, the article provides a prospective assessment of the impact on Tunisia of the phase out of...
Persistent link: https://www.econbiz.de/10005416722