Showing 1 - 10 of 3,254
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
Persistent link: https://www.econbiz.de/10011916592
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 develop an asymmetric general oligopolistic equilibrium (AGOLE) model, which extends the range of possible applications in general oligopolistic equilibrium modelling. The AGOLE allows to incorporate endogenous and asymmetric marginal utilities of income across countries.As a first exemplary...
Persistent link: https://www.econbiz.de/10012300433
This paper builds a heterogeneous-households growth model of a small open economy with fixed resource (land) by … integrating the Walrasian general equilibrium and neoclassical growth theories. The production side consists of two sectors. We … use an alternative utility function proposed by Zhang, which enable us to develop a dynamic growth model with genuine …
Persistent link: https://www.econbiz.de/10010459813
We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...
Persistent link: https://www.econbiz.de/10014025382
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
Whether a liberalizing developing economy should implement the entire WTO-prescribed package and to what extent this is expedient, are the two burning questions, especially because available empirical evidence suggests that the developing countries have been facing substantial adjustment costs...
Persistent link: https://www.econbiz.de/10014075759