Showing 1 - 10 of 14
The Trade Adjustment Assistance Program, created in the Trade Act of 2002, authorizes temporary payments to farmers hurt by import competition. The Act requires petitioning farmers to demonstrate that prices have fallen by at least the statutory minimum proportion, and importantly, as a result...
Persistent link: https://www.econbiz.de/10008569978
In this paper we investigate the welfare effects of technological convergence in the food industries. We extend Krugman's (1980) monopolistic competition model to allow for technological differences between two (groups of) countries. Technological convergence is reflected in a narrowing...
Persistent link: https://www.econbiz.de/10005804875
In this study, a monopolistic competition model is used to investigate the effects of international technological convergence on factor rewards, output composition, and welfare. Four testable hypotheses on the impact of technological convergence on follower's and leader's competitiveness and...
Persistent link: https://www.econbiz.de/10009219505
We develop a monopolistic competition model to investigate effects of international technological convergence on factor rewards, output composition, and welfare. Comparative static analysis indicates technological convergence improves the follower's—but impairs the leader's—international...
Persistent link: https://www.econbiz.de/10009394132
In this study, we test the hypothesis that an industry's average productivity increases with liberalised trade in the context of processed food industries. Furthermore, we examine the resulting cross-country resource and market share reallocation in these industries. For this purpose, we employ...
Persistent link: https://www.econbiz.de/10005559872
The emerging literature on firm heterogeneity suggests that trade liberalization raises industry average productivity by forcing its least productive firms to exit. Consequently, resources and market shares are reallocated toward the industry¡¯s more productive firms. We extend...
Persistent link: https://www.econbiz.de/10005038929
We develop a monopolistic competition model to investigate effects of international technological convergence on factor rewards, output composition, and welfare. Comparative static analysis indicates technological convergence improves the follower's-but impairs the leader's-international...
Persistent link: https://www.econbiz.de/10005686161
The emerging literature on firm heterogeneity suggests that trade liberalization raises industry average productivity by forcing its least productive firms to exit. Consequently, resources and market shares are reallocated toward the industry¡¯s more productive firms. We extend...
Persistent link: https://www.econbiz.de/10009444956
Persistent link: https://www.econbiz.de/10008992307
Persistent link: https://www.econbiz.de/10003700625