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This paper asks how NAFTA affected income distribution within Mexico considering changes in internalmigration. Trade liberalization should theoretically increase the income of low-skilled workers in low-skilled labor-abundantdeveloping countries. Thus, by increasing the wages of poorer workers,...
Persistent link: https://www.econbiz.de/10009442630
Computable General Equilibrium (CGE) models have gained continuously in popularity as an empirical tool for assessing the impact of trade liberalization on agricultural growth, poverty and income distribution. Conventional models ignore however the channels linking technical change in...
Persistent link: https://www.econbiz.de/10009475922
they move back and forth between employment and unemployment, so that their labor income fluctuates stochastically due to … benefits across the unemployment spell if individuals have access to the capital market, this framework is used to prove that … functions, this chapter contributes substantially to the theory of optimal saving under uncertainty. It is proven that a …
Persistent link: https://www.econbiz.de/10009450194
Despite the growth in services. manufacturing remains an essential part of the nonmetropolitan South's economy, responsible for 25 percent of total personal earnings. But loweducation nonmetropolitan areas, which gained more than their share of manufacturing jobs in the 1970s and 1980s, lost...
Persistent link: https://www.econbiz.de/10009429555
A new strand of literature has recently sought to investigate possible links between technological changes, observed modifications to firms' organizational structure and the evolution of the wage gap between skilled and unskilled workers. After a brief overview of such approaches, this essay...
Persistent link: https://www.econbiz.de/10009471673
ofinternational trade theory. Focusing on general equilibrium frameworks stems from the insight that economicinternationalisation in … market issues established by human capital theory with the general equilibrium-leddebate on trade and the functional … modelling involuntary unemployment, thus applicable to the German case.Moreover, despite the clearcut implications of the flip …
Persistent link: https://www.econbiz.de/10009471731
There is a growing number of studies that investigate the effect of trade liberalization on productivity and nearly all assume that trade policy is independently determined of productivity, hence it is exogenous. I show that this assumption is generally invalid both theoretically and...
Persistent link: https://www.econbiz.de/10009450823
"We develop an evolutionary game theory model for a limited access common pool resource. With full disclosure of …
Persistent link: https://www.econbiz.de/10009468354
BIMSTEC, a regional grouping of South and Southeast Asian countries, is heading towards an FTA for greater economic integration. The present paper examines the ex ante effects of the iniative by adopting SMART and GTAP models. Based on estimated export supply elasticity, the results of SMART...
Persistent link: https://www.econbiz.de/10009434839
WTO trade negotiations on market access follow the MFN treatment. However, an increasing share of trade falls under preferential regimes. For agriculture, trade liberalization analyses have showed that the impact on developing countries (DC) is not uniform, partly from omitting preferences. In...
Persistent link: https://www.econbiz.de/10009442468