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Bhagwati and Brecher (1980) showed that when the relative amount of foreign-owned factors in the host country is sufficiently large as to induce a change in the direction of the trade pattern, immiserising tariff reductions may occur. Here it is shown that in the mirror case when foreign-owned...
Persistent link: https://www.econbiz.de/10010925494
This paper uses a three-factor (capital, low and high-skill labour), two-household (low and high-skill individuals), two-sector trade model to analyse the determinants of voter attitudes towards immigration under direct democracy and identify factors that would be coherent with both the observed...
Persistent link: https://www.econbiz.de/10010925496
Cet article propose un modele simple de croissance endogene en presence de recherche et developpement (R-D) publique et de R-D privee base sur le modele a variete de biens intermediaires de Barro et Sala- i-Martin. Il procede ensuite a une analyse comparative de deux instruments de la politique...
Persistent link: https://www.econbiz.de/10010925497
This article examines, under the Dual Theory of Choice (Yaari (1987)), the classical results and their extensions on self-insurance, self-protection and market insurance obtained by Ehrlich and Becker (1972) under the expected utility hypothesis. In particular, background risk, non-reliability,...
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This paper extends the influence-driven model of trade policy determination to include general equilibrium effets on the supply side resulting from labour-market interaction and intermediate goods. The model's predictions for the structure of protection are related to underlying taste and...
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