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This article develops a dual general equilibrium model to analyze the effects of intra-industry trade in both intermediate goods and final goods on the productivity in the final good production. Intra-industry trade in intermediate goods determines an increase in the number of intermediate good...
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Fixed point theorems are the standard tool used to prove the existence of equilibria in mathematical economics. This paper shows how to prove a slight generalization of Brouwer's and Kakutani's fixed point theorems using the familiar techniques of drawing and shifting curves in the plane and is,...
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Die Außenhandelsverflechtungen Sachsens haben in den letzten Jahren stetig zugenommen. Werden Güter aus der gleichen Produktgruppe sowohl im- als auch exportiert, wird von intraindustriellem Handel gesprochen. Stammen die im- bzw. exportierten Güter hingegen aus unterschiedlichen...
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In a framework of a unionised international Bertrand duopoly with differentiated products, this paper analyses national labour market interdependencies and the consequences of trade liberalisation for union wages. The analysis suggests that national wages are likely to be strategic complements...
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