Showing 1 - 10 of 334
Powdery mildew (PM) is a fungal disease that damages many crops, including grapes. In California, wine, raisin, and table grapes contributed over $ 3.9 billion to the value of farm production in 2011. Grape varieties with resistance to powdery mildew are currently being developed, using either...
Persistent link: https://www.econbiz.de/10011986495
Motivated by increasing trade and fragmentation of production across countries since World War II, we build a dynamic two-country model featuring sequential, multistage production and capital accumulation. As trade costs decline over time, globalvalue-chain (GVC) trade expands across countries,...
Persistent link: https://www.econbiz.de/10012653024
The project of a national register of wool was the fever dream of mercantilism in Great Britain during the eighteenth … administrative teeth to the ban on the exportation of English raw wool that had existed since 1660. But despite several concerted … with the legislative and administrative practice of raw wool regulation in eighteenth century Britain. In doing so, it also …
Persistent link: https://www.econbiz.de/10014521211
The present paper is set out to examine the place of Geoff Harcourt's 1965 "Two-sector model of the distribution of income and the level of employment in the short run" in his research agenda, as well as its original historical context and fate. That pioneer model articulated how the production...
Persistent link: https://www.econbiz.de/10013412955
The fruits and vegetables subsector shows great dynamism despite lack of government support compared to other subsectors within agriculture. To further realize the potential of the fruits and vegetables sector, one promising instrument is investment in research and development (R&D). The...
Persistent link: https://www.econbiz.de/10011421271
In this paper, we experimentally test the Modigliani-Miller theorem. Applying a general equilibrium approach and not allowing for arbitrage among firms with different capital structure, we are able to address a question fundamental to the valuation of firms: does capital structure affect the...
Persistent link: https://www.econbiz.de/10010263892
We study the subsidization of extra jobs in a general equilibrium framework. While the previous literature focuses on symmetric marginal employment subsidies where firms are rewarded when they increase employment but punished when they reduce their workforce, we consider an asymmetric scheme...
Persistent link: https://www.econbiz.de/10010264237
Should a redistributive government optimally subsidize education to provoke a reduction in the skill premium through general equilibrium effects on wages? To answer this question, this paper studies optimal linear and non-linear redistributive income taxes and education subsidies in two-type...
Persistent link: https://www.econbiz.de/10010264262
Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of...
Persistent link: https://www.econbiz.de/10010264373
We explore how outcomes of trade policy retaliation (Nash tariff games) are affected when trade simultaneously takes places geographically across countries and through time via financial intermediation. In such models deficits and surpluses in goods trade are endogenously determined, and...
Persistent link: https://www.econbiz.de/10010264539