Showing 1 - 10 of 2,885
This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming "continuum-Pollak" preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small...
Persistent link: https://www.econbiz.de/10011406571
This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming “continuum-Pollak” preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a...
Persistent link: https://www.econbiz.de/10013000218
This paper studies the connection between trade and growth in the context of a partial and inconsistent liberalization … for the closer integration with Russia and the impact of this process on Belarus growth led us to the conclusion that the … conclusion is supported by the results of country-specific growth regressions and of a counterfactual free trade experiment via a …
Persistent link: https://www.econbiz.de/10011326958
The paper proposes a two-country general equilibrium model of endogenous growth and trade between two regions, North …
Persistent link: https://www.econbiz.de/10013069337
We study how the interaction between economic openness and competitive selection affects the effectiveness of employment (and entry) subsidisation. Within a twocountry heterogeneous-firms model with endogenous labour supply, we find that optimal employment subsidies are always positive even...
Persistent link: https://www.econbiz.de/10011336582
Persistent link: https://www.econbiz.de/10011557032
the gap between poor and rich in Pakistan and hence will have a positive impact on overall income inequality in Pakistan. …
Persistent link: https://www.econbiz.de/10011823412
Applied general and partial equilibrium models are widely used tools for ex ante analysis of trade policy changes. However, simulation results seem to exhibit significant variation across publications, and the often criticised 'black box' character of applied trade models makes meaningful...
Persistent link: https://www.econbiz.de/10003525570
This paper develops a new international trade model with capital market imperfections and endogenous borrowing costs in general equilibrium. Our theoretical model is motivated by new empirical patterns from enterprise survey data of the World Bank. Observing that a substantial fraction of the...
Persistent link: https://www.econbiz.de/10010519206
This paper develops a new international trade model with capital market imperfections and endogenous borrowing costs in general equilibrium. A key element of our model is that firm heterogeneity arises from the interaction of credit constraints at the firm-level with financial frictions at the...
Persistent link: https://www.econbiz.de/10011431529