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outcomes are obtained when the exporting economy is more homogeneous, and sufficient conditions are given for an export policy … to improve the welfare of the exporting country, as well as its international terms of trade and export revenues. …
Persistent link: https://www.econbiz.de/10005789767
-Ohlin (HO). Yet, the results from simulation exercises indicate that static welfare results from the standard 2x2x2 HO model can …
Persistent link: https://www.econbiz.de/10005125644
This volume is a collection of papers that apply general equilibrium theory in order to obtain policy relevant insights … on topical issues of international trade and migration. The first set of papers focuses on European integration, applying …
Persistent link: https://www.econbiz.de/10011010990
This paper examines the effect of tax-funded promotion of inbound tourism on domestic welfare in an open economy … tourism will not improve welfare unless the degree of increasing returns in the tourism industry is high enough and the …
Persistent link: https://www.econbiz.de/10010588225
In this paper we analyze the effects of restricted participation in a two-period gen- eral equilibrium model with uncertainty in the second period and real assets. Similar to certain arrangements in the market for bank loans, household borrowing is restricted by a household-specific wealth...
Persistent link: https://www.econbiz.de/10010555529
We consider a pure exchange, general equilibrium model, with two periods and a finite number of states, commodities, numeraire assets, and households. Participation in the asset markets is restricted in a household specific manner, imposing upper bounds on the amounts of borrowing which can be...
Persistent link: https://www.econbiz.de/10008587872
circumstances specify necessity of changes in EU internal migratory policy, changes in principles of developing countries’ support … in EU, and changes in distribution of EU means, taking into account internal migration. …
Persistent link: https://www.econbiz.de/10011259562
Total pollution emitted by U.S. manufacturers declined over the past 30 years, while manufacturing output increased. This improvement must result from one of two trends: (1) change in production or abatement processes ("technology"); or (2) change in the mix of goods manufactured in the U.S,...
Persistent link: https://www.econbiz.de/10005169602
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …
Persistent link: https://www.econbiz.de/10011279236
This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … short run the impact of migration on average welfare in these countries is close to zero, while the skilled and unskilled … -such as Jamaica or El Salvador- are also better off due to migration, but for a different reason: remittances. The welfare …
Persistent link: https://www.econbiz.de/10010755474