This paper examines the effects of tourism on labor employment, capital accumulation and resident welfare for a small open economy with unemployment. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The reduction in the capital stock...

This paper examines the effects of tourism in a dynamic model of trade on unemployment, capital accumulation and resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The reduction in the capital stock depends on the degree of...

This paper examines the effects of tourism in a dynamic model of trade on unemployment, capital accumulation and resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The reduction in the capital stock depends on the degree of...

This paper examines the effects of tourism in a dynamic model of trade on unemployment, capital accumulation and resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The reduction in the capital stock depends on the degree of...

In this paper we examine the impact of tied aid on capital accumulation and welfare in the presence of a quota on imports. Using a simulation model we establish that tied aid can lower the relative domestic price of the manufactured good and therefore reduce the stock of capital. In the presence...

In this paper we examine the impact of tied aid on capital accumulation and welfare in the presence of a quota on imports. Using a simulation model we establish that tied aid can lower the relative domestic price of the manufactured good and therefore reduce the stock of capital. In the presence...

The following sections are included: <ul><li class="bullet">Introduction</li><li class="bullet">A Theoretical Model of Tax Rebates</li><li class="bullet">Modeling China's Duty Drawbacks and Tax Rebates in a CGE Framework</li><li class="bullet">Effects of Duty Drawbacks and Tax Rebates: Illustrative Experiments</li><li class="bullet">Concluding Remarks</li><li class="bullet">Appendix: Stability</li></ul><p> <form name="frmAbs" action="" style="visibility:hidden;"> <input name="href" value="/doi/abs/10.1142/9781783264797_0019" type="hidden"> <input name="title" value="Import Duty Drawback and VAT Rebate Policies: A CGE Analysis for China)" type="hidden"> <input name="doi" value="10.1142/9781783264797_0019" checked="checked" type="checkbox">

The following sections are included:IntroductionThe Model of Export Requirements with Import QuotasExport Requirements and WelfareConcluding RemarksAppendix

The following sections are included:IntroductionThe ModelThe Short-Run Impacts of Profit-SharingThe Long-Run Equilibrium and DynamicsConcluding RemarksAppendix