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This paper uses a general equilibrium model to assess the effects of liberalising trade in telecommunications and financial services for 19 regions of the world. Results suggest that economies gain from removing barriers to the establishment of new operations (domestic or foreign), and by...
Persistent link: https://www.econbiz.de/10014124041
Applying recent estimates of total factor productivity (TFP) growth on Australian sheep farms, we analyse the long-run effects of TFP growth on the world wool market using a detailed model of the world wool market that treats raw wool, wool textiles and wool garments as heterogeneous...
Persistent link: https://www.econbiz.de/10014052322
This paper quantifies the impact on the economies of the world of complete liberalisation of trade in a key services sector, telecommunications, using a global general equilibrium model. Barriers to trade in telecommunications are highest in developing regions and lowest in developed regions....
Persistent link: https://www.econbiz.de/10014072826
COVID-19 vaccines were released en masse globally in 2021. Policy makers regarded vaccines as important in dealing with the global coronavirus pandemic. Using available epidemiological evidence on the effectiveness of vaccines in reducing mortality and morbidity, we estimate the economic...
Persistent link: https://www.econbiz.de/10014243185
Heat intolerance is a significant medical problem affecting people with Multiple Sclerosis. For people with MS, the costs of running their air conditioners are an additional disease-related expense that must be met on top of other out-of-pocket disease-related expenses. Using the results of the...
Persistent link: https://www.econbiz.de/10004963325
We simulate the effects of a hypothetical H1N1 epidemic in the U.S. using a quarterly CGE model. Quarterly periodicity allows us to capture the short-run nature of an epidemic. We find potentially severe economic effects in the peak quarter. Averaged over the epidemic year the effects are...
Persistent link: https://www.econbiz.de/10008505294
We present a model of the world wool market that merges two modelling traditions: the partialequilibrium commodity-specific approach and the computable general-equilibrium approach. The model captures the multistage nature of the wool production system, and the heterogeneous nature of raw wool,...
Persistent link: https://www.econbiz.de/10008539810