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This paper develops and analyzes a model of international trade comprising multiproduct firms that can produce a range of product varieties distinguished by quality. First, it analyses the within-firm distribution of product quality and argues that firms’ export decisions are sensitive to...
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An inter-temporal general equilibrium econometric model is developed for the Australian economy and used to simulate a trade policy. The model treats the prices of non-traded goods as endogenous and takes account of the inter-temporal optimality conditions implicit in the determination of...
Persistent link: https://www.econbiz.de/10014084387
International Environmental Agreements (IEAs) that address global environmental problems with cross-border externalities (i.e., climate change) suffer from severe free-riding problems resulting in limited national participation. Gains and losses in international trade are concerning when...
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Several countries, including Australia, have a means-tested public age pension. Means testing the age pension can reduce the overall fiscal burden relative to a universal pension, but can also distort households’ incentives to work and save. Policymakers can influence the sizes of these...
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