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Estimating the economic impacts of the regional comprehensive economic partnership
Estrades, Carmen; Maliszewska, Maryla; Osorio-Rodarte, … - In: Asia and the global economy : AGE 3 (2023) 2, pp. 1-19
This paper links the ENVISAGE computable general equilibrium model with a microsimulation to assess the economic effects of implementing the Regional Comprehensive Economic Partnership (RCEP). Reductions of tariffs and non-tariff measures, implementation of a rule of origin, together with...
Persistent link: https://www.econbiz.de/10014447569
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Estimating General Equilibrium Trade Policy Effects : GE PPML
Anderson, James E. - 2015
We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models. Non-linear solvers of estimated models are replaced by (constrained) regressions. Applied economists can more readily generate results, with more intuition about the working of...
Persistent link: https://www.econbiz.de/10013010483
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Trade Preferences and Political Equilibrium Associated with Trade Liberalization
Ishimaru, Shoya; Oh, Soo Hyun (Catherine); Sim, Seung-Gyu - 2014
This paper, motivated by the so-called North-South problem in trade, analyzes ex ante trade preferences and the source of potential political conflicts regarding trade lib- eralization. Developing a dynamic extension of the traditional Heckscher-Ohlin model with imperfect labor mobility and...
Persistent link: https://www.econbiz.de/10014152347
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Technological progress with segmented factor markets and welfare implications for the urban poor
Mukherjee, Soumyatanu; Zafar, Sameen - 2015
poverty by modelling the impact of technological progress in the formal sectors of the economy on the urban informal wage in a … is less capital intensive (as capital flows to the informal sectors). This helps in understanding trends in urban poverty … given the strong association between the urban informal wage and degree of urban poverty. …
Persistent link: https://www.econbiz.de/10010490249
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Liberalized trade policy and inequality : evidence from post-Multi-Fibre Arrangement India and some theoretical issues
Kar, Mausumi; Kar, Saibal - 2015
The phased elimination of the Multi-Fibre Arrangement has been one of the most compelling trade policy reforms of the early twenty-first century, and has brought in significant changes in the industrial structures of the countries of the global south. The textile and clothing industry is the...
Persistent link: https://www.econbiz.de/10010465456
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The economics of trade liberalization : Charles S. Peirce and the Spanish Treaty of 1884
Wible, James R.; Hoover, Kevin D. - 2017
In the 1870s and 1880s, the scientist, logician, and pragmatist philosopher Charles S. Peirce possessed an advanced knowledge of mathematical economics, having mastered and criticized Cournot as early as 1871. In 1884 he engaged in a multi-round debate with the editors of The Nation over the...
Persistent link: https://www.econbiz.de/10011695498
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Betting on Exports : Trade and Endogenous Heterogeneity
Bonfiglioli, Alessandra - 2015
We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can affect the variance of their productivity draws at the entry stage and explore the implications in closed and open economy. By allowing firms to choose the size of their investment in innovation...
Persistent link: https://www.econbiz.de/10013010476
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Labor market regulation, international trade and footloose capital
Palokangas, Tapio K. - 2017
I examine the effects of globalization in countries where the employed workers support the unemployed and the governments control wages by regulating the workers' relative bargaining power. I use a general oligopolistic equilibrium model of two integrated countries with two inputs: labor and...
Persistent link: https://www.econbiz.de/10011596113
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Trade Policy of a Free Society
McGee, Robert W. - 2016
This paper examines the various arguments that have been put forth in favor of protectionism, from both an accounting and philosophical perspective. The author concludes that arguments against free trade are based on faulty premises, illogical reasoning or incorrect facts. Part 2. This paper was...
Persistent link: https://www.econbiz.de/10012981890
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Trade reform and labor market dynamics
Botman, Dennis P. J.; Tieman, Alexander F. - 1999
We present an equilibrium-search model with heterogenous workers whosearch for a job in one of two sectors and who lose part of theirskills during unemployment. We show that an import tariff increasethe wage and the employment prospects in the protected sector. Thisresults in a labor market...
Persistent link: https://www.econbiz.de/10011302149