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Given its significance in practice, piecewise linear taxation has received relatively little attention in the literature. This paper offers a simple and transparent analysis of its main characteristics. We fully characterize optimal tax parameters for the cases in which budget sets are convex...
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We formulate a dynamic game model of trade in an exhaustible resource with a quantity-setting cartel. We compute the feedback Nash equilibrium and two Stackelberg equilibria under two different leadership scenarios: leadership by the strategic importing country, and leadership by the exporting...
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This paper surveys the development of the theory of endogenous growth, with special emphasis on models that deal with the interactions between trade and growth. A unified framework is presented and is shown to contain many models as special cases. International factor mobility is also dealt with...
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