In der vorliegenden Studie werden die Erfolgsfaktoren von regionalen Innovationsprozessen dargelegt, indem sie die räumlichen Aspekte des Innovationsprozesses ins Auge nimmt. Sie fragt speziell nach den Voraussetzungen der sächsischen Ballungszentren für die Herausbildung neuer Kerne...

The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past two decades, many developments in the world economy, such as the currency crises in the 1990s and increasing cross-border capital flows, may have exacerbated exchange rate...

Preference erosion has become an obstacle to multilateral trade liberalization, as beneficiaries of trade preferences have an incentive to resist reductions in mostfavored- nation (MFN) tariffs. This study identifies middle-income developing countries that are vulnerable to export revenue loss...

Recent financial crises have highlighted the potentially significant macroeconomic costs of financial system instability, and the potential for the instability in the financial system of one country to have broader implications for the stability of financial systems and macroeconomic performance...

Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport...

This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger...

This paper analyzes the appropriate sequencing between accession to the World Trade Organization (WTO) and the implementation of the Eurasian Economic Community (EAEC) customs union and whether the latter facilitates or delays WTO accession for some member countries of the Commonwealth of...

We consider an aggregative consumption economy, where there are a market for commodities and four financial markets : for bonds, deposits, credits and a speculative asset. The decision analytic ideas of decentralization and price aggregation are applied to discuss the existence of equilibrium.

Since most of the recent agricultural biotechnology innovations have been developed by private companies, the central focus of societal interest is on the distribution of the gains from these technologies among all stakeholders. In a partial equilibrium model, assuming perfect corporate pricing...

In order to respond to the current pressures on agriculture in the EU, the industry will have to go through fundamental structural change. Economic modelling provides the framework for understanding such changes. Mathematical programming is probably the most robust of all the modelling...