Showing 1 - 10 of 9,000
Persistent link: https://www.econbiz.de/10005715391
The analysis of economies of specialization at the individual level by Yang & Shi (1992) and Yang & Ng (1993) is combined with the Dixit & Stiglitz (1977) analysis of monopolistic-competitive firms to show that, ignoring administrative costs and indirect effects (such as rent-seeking), even if...
Persistent link: https://www.econbiz.de/10005170372
multiplier-accelarator mechanism from externalities in general equilibrium. Our calibrated model can explain both the recession …
Persistent link: https://www.econbiz.de/10005827136
The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit-Stiglitz monopolistic competition. Yet, in a number of policy fields,...
Persistent link: https://www.econbiz.de/10005068803
Persistent link: https://www.econbiz.de/10005678624
sources of welfare loss: production externalities and product selection bias associated with fixed costs. We argue that the …
Persistent link: https://www.econbiz.de/10005751264
Persistent link: https://www.econbiz.de/10005031869
This review article presents the evolution of development theory during the XX century, the measurement of poverty, the … concept and the indices of multidimensional poverty. A special focus concerns the complex linkages between income inequality …, poverty and institutions during the growth process of developing countries. …
Persistent link: https://www.econbiz.de/10011152388
Persistent link: https://www.econbiz.de/10010847201
Persistent link: https://www.econbiz.de/10010558216