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In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices have been addressed in a number of contributions over the past decade. However, the existing literature is far from conclusive. The various contributions have either relied on...
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positive impacts on labour supply, utility, consumption, output, and welfare of households as they reallocate resources from … effects on prices and outputs, as well as on welfare of households. While this study contributes to the literature on the CGE …
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, and a model-consistent welfare measure. These features, combined with TIM's significant production and industry detail …
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