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In the two-country Melitz (2003) model, unilateral trade liberalization is often cast as a reduction of iceberg transportation costs and wages are determined by a linear outside sector. We show that welfare results reverse when wages adjust and trade frictions are revenue-generating tariffs. --...
Persistent link: https://www.econbiz.de/10009503395
Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem Nutzungswert im Produktionsprozess gewichtet werden. Dazu werden Nutzungskosten für die einzelnen Anlageklassen mit Hilfe von Daten der Volkswirtschaftlichen Gesamtrechnungen sowie...
Persistent link: https://www.econbiz.de/10009507094
This paper derives a new effect of trade liberalisation on the quality of the environment. We show that in the presence of heterogeneous firms the aggregate volume of emissions is influenced not only by the long-established scale effect, but also by a reallocation effect resulting from an...
Persistent link: https://www.econbiz.de/10009547499
This paper explores the robustness of the Balassa-Samuelson (BS) hypothesis. We analyze a panel of OECD countries from 1970 to 2008 and compare three different datasets on sectoral productivity, including a newly constructed database on total factor productivity. Overall, our DOLS estimation...
Persistent link: https://www.econbiz.de/10009565593
Persistent link: https://www.econbiz.de/10000045879
Persistent link: https://www.econbiz.de/10000048510
This paper investigates whether the effects of weather variability in temperature and precipitation on agricultural output are short- or long-run. The contribution of this paper is twofold. First, the paper attempts to establish whether temperature or precipitation variability affects...
Persistent link: https://www.econbiz.de/10014500660
This study aims to investigate the determinants, efficiency, and potential of Indonesian palm oil downstream exports to the global market during 2012-2020. The stochastic frontier gravity model (SFGM) has been used to estimate the determinants, efficiency, and potential of palm oil downstream...
Persistent link: https://www.econbiz.de/10014500721
Access to agricultural credit is still a challenge in developing countries. The weakness of agricultural financing prevents producers from acquiring the modern technologies that are essential for the development of their activity. This paper aims to determine the impact of access to credit on...
Persistent link: https://www.econbiz.de/10014500766
The study sought to establish the level of technical, allocative, and economic efficiencies in irrigated onion production in southern Ethiopia, as well as to identify the sources of inefficiencies. The cross-sectional data were obtained from a total of 165 random onion farmers selected from the...
Persistent link: https://www.econbiz.de/10014500802