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require a substantial increase in multifactor productivity growth. In our third simulation, we model the size of the increase … in multifactor productivity necessary to offset the forecast declining terms of trade, rising dependency ratio, and other … forecast economic challenges. We find that the required rate of productivity growth, at 1.96% p.a., is of a level not seen in …
Persistent link: https://www.econbiz.de/10010907911
In this paper we seek to explain the causes and consequences of Northern penetration in Southern subsistence markets in order to reach the countless masses at the Bottom of the (Income) Pyramid. To this end we formulate a One-North-Many-Souths model, inspired by the Krugman (1979) North-South...
Persistent link: https://www.econbiz.de/10005150759
In this article, we disentangle the relationship between the skill premium, trade liberalization and productivity … Accounting Matrices, Household Budget Surveys and the EU KLEMS Growth and Productivity Accounts database, we calibrate it to …. While productivity changes account for only a small fraction of the skill premium increases during 1995 and 2000, they …
Persistent link: https://www.econbiz.de/10010755527
In this paper we seek to explain the causes and consequences of Northern penetration in Southern subsistence markets in order to reach the countless masses at the Bottom of the (Income) Pyramid. To this end we formulate a One-North-Many-Souths model, inspired by the Krugman (1979) North-South...
Persistent link: https://www.econbiz.de/10010712192
Using a dynamic general equilibrium model, the paper provides a quantitative assessment of the impact of the Multifiber Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits the analysis of the effects of the shock on...
Persistent link: https://www.econbiz.de/10010954293
model is numerically simulated to show that differentials in regional productivity improvements depend on their absorptive … productivity improvement and transmission result in productivity growth in sectors intensively using heavy manufacturing. Returns …
Persistent link: https://www.econbiz.de/10009351271
Commissioned by the European Commission, the Final Report for the EU-Canada Sustainability Impact Assessment (SIA) on the EU-Canada Comprehensive Economic and Trade Agreement (CETA) provides a comprehensive assessment of the potential impacts of trade liberalisation under CETA. The analysis...
Persistent link: https://www.econbiz.de/10009647267
This research quantifies the effects on poverty in Ecuador of bilateral trade liberalization with the U.S. and fiscal changes (value added tax and direct taxes) which seek to compensate tariff revenue losses, so that the government deficit remains constant. This is a very important issue for...
Persistent link: https://www.econbiz.de/10008630025
Uruguay is a small economy. Its integration to MERCOSUR has increased the exposure to regional macroeconomic inestability. The aim of this paper is to assess the impact of regional integration on labour market and poverty. We estimated wage differentials between labour categories, finding a 60%...
Persistent link: https://www.econbiz.de/10005481503
, mainly due to the potential for ‘rebound’ effects, while increasing CO2 emissions, improved labour productivity is likely to … productivity on the rest of the UK and on a national EKC through interregional labour migration and trade flows. …
Persistent link: https://www.econbiz.de/10004969122