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With the help of a simple model of production and trade, we examine the differential impact of tariff escalation on … skilled and unskilled wages in an economy. Our findings provide a lobbying-based explanation of the prevalence of tariff …
Persistent link: https://www.econbiz.de/10009364791
This paper provides a welfare comparison of a tariff with a combination of a production subsidy to, and a commodity tax …, including where the initial tariff is above the optimal tariff, where a certain output level of a tariff-imposed commodity must … combination of the production subsidy and the commodity tax and show it to be superior to the tariff from the welfare viewpoint. …
Persistent link: https://www.econbiz.de/10010332447
With the help of a simple model of production and trade, we examine the differential impact of tariff escalation on … skilled and unskilled wages in an economy. Our findings provide a lobbying-based explanation of the prevalence of tariff …
Persistent link: https://www.econbiz.de/10010279038
to choose" their own ingredients. Under a theoretical framework, a tariff equivalent of the STE is postulated to equate …
Persistent link: https://www.econbiz.de/10009773079
to choose" their own ingredients. Under a theoretical framework, a tariff equivalent of the STE is postulated to equate … maximization case. -- state trading enterprises ; tariff-rate quotas ; tariff equivalents ; soybeans ; sensitive products …
Persistent link: https://www.econbiz.de/10009713776
We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that trade liberalization increases wage inequality both in the...
Persistent link: https://www.econbiz.de/10011133730
We use a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to analyze economic policy to compensate the losers of trade liberalization and to reduce the ensuing wage inequality. We consider several instruments...
Persistent link: https://www.econbiz.de/10010928067
We develop a dynamic trade model with comparative advantage, heterogeneous firms and workers and endogenous firm entry to study wage inequality during the adjustment to trade liberalization. We find that trade liberalization increases wage inequality both in the short run and in the long run. In...
Persistent link: https://www.econbiz.de/10010928080
We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that trade liberalization increases wage inequality both in the...
Persistent link: https://www.econbiz.de/10010887016
We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that trade liberalization increases wage inequality both in the...
Persistent link: https://www.econbiz.de/10011345536