Showing 1 - 10 of 211
We consider the potential influence of contributions from interest groups to political rivals in the voting behavior of US legislators on international trade policy issues. Our application addresses the determinants of the Permanent Normal Trade Relations with China decision, and focuses...
Persistent link: https://www.econbiz.de/10010850599
We present a series of numerical simulation models built in Excel that can be used to explore the properties of various models of strategic competition in quantities and their economic implications. The resources incorporate both tabular and graphical data presentation formats and are built in...
Persistent link: https://www.econbiz.de/10010850600
This paper presents a series of topics in international trade theory and how they can be implemented using GAMS. The paper will be updated periodically as new topics are completed.
Persistent link: https://www.econbiz.de/10005024353
Using a three-sector general equilibrium model with non-traded goods, we investigate the impact of foreign direct investment on the real wages of skilled and unskilled workers. We show that foreign direct investment increases the real wages of skilled and unskilled workers, but widens the gap...
Persistent link: https://www.econbiz.de/10005146756
We present a numerical version of the specific factors model of production/trade in a small economy, built in Excel. The model features the most common graphical devices used to explain the model properties. It differs from earlier work in that the solution is embedded in the sheet, making the...
Persistent link: https://www.econbiz.de/10008506801
We present a numerical version of the factor proportions (Heckscher-Ohlin-Samuelson) model of production in a small economy, built in Excel that features tax interventions at the input, output, consumption and trade levels. The model features the most common graphical devices used to explain the...
Persistent link: https://www.econbiz.de/10004973939
We present a numerical version of the factor proportions (Heckscher-Ohlin-Samuelson) model of production in a small economy, built in Excel. The model features the most common graphical devices used to explain the model properties. It differs from earlier work in that the solution is embedded in...
Persistent link: https://www.econbiz.de/10004995391
We examine the consequences of opening to international trade for a developing economy with open urban unemployment and rural-urban migration, where the urban sector is monopolistically competitive. We show that there exists a threshold level of urbanization prior to which increases in product...
Persistent link: https://www.econbiz.de/10010618004
This paper describes some new Excel-based tools for teaching international trade theory and policy. The tools are all available through RePEc and on the website Excel Models for International Trade Theory and Policy, and include a numerical version of the reciprocal dumping model, a comparison...
Persistent link: https://www.econbiz.de/10008852909
Using both a gravity model to consider the natural trading bloc hypothesis, and simulation using a CGE model to make welfare estimates, we examine the potential effect of a subset of the new RTA proposal in the APEC region. In broad terms the two approaches appear consistent in their ability to...
Persistent link: https://www.econbiz.de/10008853188