We introduce non-tradable goods to the Heckscher-Ohlin-Samuelson (HOS) model to study the distributive effects of terms of trade shocks. We show that the employment of resources in activities producing exclusively for the local market induces a crucial association between domestic spending and...

Purpose – The purpose of this paper is to show that the environmental income drives economic growth of a large open country.Design/methodology/approach – The authors detect that the relative environmental income has double effect of “conspicuous consumption” on the international...

Das Konzept der Verwirklichungschancen (Capabilities) des Ökonomienobelpreisträgers Amartya Sen bildet eine neue Grundlage der deutschen Armuts- und Reichtumsberichterstattung. Dieser Sammelband zum Capability-Ansatz diskutiert konzeptionelle Grundlagen sowie mögliche Anwendungen auf Armuts-...