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Adherence to the strict interpretation of the principle of comparative advantage would lead one to believe that Dubai, of all places, would not be competitive in merchandise exports. Yet, merchandise exports are Dubai's mainstay and most of them are re-exports. Whereas traditional exports can be...
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Purpose – The purpose of this paper is to estimate a complete demand system for the United Arab Emirates (UAE) and use the estimates to evaluate the welfare impact of price inflation. Eight expenditure groups are considered: food, clothing, housing, furniture, transportation, medical care,...
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The recent and expected continuing rise in food prices has re-ignited concern and discussion in the United Arab Emirates about the country’s vulnerability to food supply shocks. Defining vulnerability as the compensating variation relative to household income, we find that although UAE...
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Dit rapport geeft inzicht in de toenemende groei van het aantal startende etnische ondernemers. Met behulp van een model wordt een beeld geschetst van de rol van de donorgroep (groep waarbinnen de starter leeft/werkt) waarin de bedrijven worden gestart.
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