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We develop a two-country, two-sector model of trade where the only difference between the two countries is their distribution of human capital endowments. We show that even if the two countries have identical aggregate human capital endowments the pattern of trade depends on the properties of...
Persistent link: https://www.econbiz.de/10010271817
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small … gain in terms of welfare, due to beneficial terms-of-trade effects. …
Persistent link: https://www.econbiz.de/10012270558
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and … effects from joining GATT/WTO can still gain in terms of welfare, due to lower import prices and higher export demand. …
Persistent link: https://www.econbiz.de/10013168567
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and … effects from joining GATT/WTO can still gain in terms of welfare, due to lower import prices and higher export demand. …
Persistent link: https://www.econbiz.de/10014376005
This study provides an ex-ante analysis of the welfare effect from the improvement of border road infrastructure in … local prices of imported rice taking into consideration the simulated price changes effect on household welfare across … rural than urban households. Such policies would likely produce larger welfare gains for poorer households than richer …
Persistent link: https://www.econbiz.de/10011499919
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and … effects from joining GATT/WTO can still gain in terms of welfare, due to lower import prices and higher export demand. …
Persistent link: https://www.econbiz.de/10013162399
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small … gain in terms of welfare, due to beneficial terms-of-trade effects. …
Persistent link: https://www.econbiz.de/10012269824
welfare estimates that treat all firms within an industry as homogeneous with more recent CGE analyses that allow firms …
Persistent link: https://www.econbiz.de/10011764996
This paper analyzes the causes and consequences of regional exhaustion of intellectual property, a policy regime under which a set of countries permit parallel imports from one another but not from the rest of the world. A three-country model is developed in which two high-income countries...
Persistent link: https://www.econbiz.de/10010875557
hence typically reduce welfare. In this paper we consider the use of ‘tax-and-subsidise’ instead of ‘tax-and-spend’ policies … subsidies and show that, for a small open economy, positive tax and subsidy rates exist which maximise welfare, rendering no …
Persistent link: https://www.econbiz.de/10008739721