This study evaluates the regional short run impacts of reduction in import tariffs in Brazil on poverty and distribution of income related to recent free trade area agreements. Results show that trade can reduce inter-regional income inequality, but poor urban households lose with trade...

This study captures the lack of macroeconomic policy coordination among Mercosur countries, through the impact of real bilateral exchange rate volatility on trade. A sectoral gravity model is estimated under two different measures of exchange rate volatility. Results show that the reduction in...

Many policy makers and businesses erroneously believe that rural populations, particularly in Africa, have no margin for savings over consumption needs. This study examines the potential for financial savings in rural Mozambican households by looking at the determinants of savings behavior. An...

This study verifies the primal and dual approaches in presence of stochastic errors in output and input demands, and policy implications when such errors are not taken into account. A data set based on a representative agent behavior is created through Monte Carlo simulation and used to estimate...

This study estimates a cross-sectional model through a theoretically consistent Almost Ideal Demand System (AIDS) to examine the economic and demographic determinants of food consumption patterns in Japan over life-cycle periods. Results show key factors that explain such behavior, including...

This paper examines the effects of agricultural trade policy changes in the Brazilian agriculture using CGE model. An extended Salter-Swan model is employed to verify if the Stolper-Samuelson theorem holds and the consequences in terms of prices, production and resources allocation. Results show...