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Chapter 12. Global Applied General Equilibrium Analysis Using the Global Trade Analysis Project Framework
Hertel, Thomas - In: Handbook of computable general equilibrium modeling : …, (pp. 815-876). 2013
This chapter provides an overview of the first two decades of the Global Trade Analysis Project (GTAP) an effort to support a standardized database and computable general equilibrium (CGE) modeling platform for international economic analysis. It characterizes GTAP in four different dimensions:...
Persistent link: https://www.econbiz.de/10014025279
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Globalization and taxation : theory and evidence
Jha, Priyaranjan; Gozgor, Giray - 2019
We construct a theoretical model to capture the compensation and efficiency effects of globalization in a set up where … globalization- trade liberalization and financial openness- could potentially have different effects on taxation. We then provide … some empirical evidence on the relationship between taxation and the alternative modes of globalization using a large cross …
Persistent link: https://www.econbiz.de/10011996405
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Globalization and Taxation : Theory and Evidence
Ranjan, Priya - 2019
We construct a theoretical model to capture the compensation and efficiency effects of globalization in a set up where … globalization- trade liberalization and financial openness- could potentially have different effects on taxation. We then provide … some empirical evidence on the relationship between taxation and the alternative modes of globalization using a large cross …
Persistent link: https://www.econbiz.de/10012871767
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Tariff Jumping Foreign Investment and Capital Taxation
Weichenrieder, Alfons J.; Dehejia, Vivek Harsha - 2021
This paper reconsiders the welfare effects of; tariff jumping; direct investment if mobile capital is subjected to taxation. In contrast to the conventional wisdom, the receiving country may in this case gain from the incremental inflow of capital, as this diverts tax revenues from the rest of...
Persistent link: https://www.econbiz.de/10013321160
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Trade, Technical Change, and Welfare
Arndt, Sven W. - 2008
liberalization and other aspects of globalization have been blamed for income inequality in the United States and unemployment in …
Persistent link: https://www.econbiz.de/10014058254
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International Specialization and the Return to Capital
Batista, Catia - 2010
How does factor accumulation affect the pattern of international specialization and returns to capital? We provide a new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976-2000. We confirm the Heckscher-Ohlin prediction that, with...
Persistent link: https://www.econbiz.de/10013148352
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Market-dependent production set
Egbert, Henrik; Naqvi, Nadeem - 2011
A country's production possibility frontier or PPF is defined as the boundary of its economy's production set in the net output space for a given technology and fixed quantities of primary factors of production. In general equilibrium theory, exogenous changes in technology or primary-factor...
Persistent link: https://www.econbiz.de/10009356698
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Trade Imbalances, International Investment, and a Limitation of Lerner's Symmetry Theorem
Blanchard, Emily J. - 2005
This paper sounds a caution to international trade economists, demonstrating that the equilibrium trade imbalances implied by most models of international investment disturb the symmetry between import tariffs and export taxes found by Lerner (1936). When trade is unbalanced, Lerner's...
Persistent link: https://www.econbiz.de/10014063448
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Technological Changes, Offshoring, and the Labor Share
Lian, Weicheng - 2019
Existing studies on the downward trend in the labor share of income mostly focus on changeswithin individual countries. I document, however, that half of the global decline in the laborshare of income can be traced to the relocation of activities between countries. I develop atwo-country model...
Persistent link: https://www.econbiz.de/10012864118
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Price Equalization, Trade Flows, and Barriers to Trade
Mutreja, Piyusha - 2014
In this paper we show that price equalization does not imply zero barriers to trade. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of trade. We demonstrate this first theoretically in a simple two-country model and then...
Persistent link: https://www.econbiz.de/10013053785