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This paper outlines an approach to disaggregating labor payments in the GTAP, global economic data base. The split between low- and high-skilled labor is based on occupational data. High-skilled labor is assumed to consist of managers, administrators, professionals, and para-professionals. Data...
Persistent link: https://www.econbiz.de/10009444113
Like many industrialised economies in the pre-depression era, Australia elected to maintain a highly protectionist trade policy regime and hence to retard its integration with the global economy. The rationale for Australia’s protectionism was, as elsewhere, the enhancement of worker welfare....
Persistent link: https://www.econbiz.de/10009451452
To examine the effects of policy intervention in the presence of imperfect competition in manufacturing, general equilibrium models are constructed of four Western Pacific economies, chosen according to their level of development and the comparative sizes of their manufacturing sectors. The...
Persistent link: https://www.econbiz.de/10009451544