This paper examines the impact of two different model specifications on welfare estimations. A model specification that …. The welfare comparison under both specifications show ambiguous results: the welfare under one specification may be larger … or lower than the welfare under the alternative assumption. In order to illustrate our theoretical conclusions, we …

inequalities and trade patterns. We analyze the effect of redistributive policies on the production patterns and welfare. We … terms of trade and the welfare distribution within countries. Our framework hopefully provides a basic tool for studying the … interactions between changes in taris on welfare and inequalities inside and between countries. We obtain non monotone …

This paper investigates the welfare effects of an increase in location subsidy by constructing a general equilibrium … to obtain the analytical welfare effects that have yet to be examined. We find that the subsidy increase improves … (reduces) the domestic (foreign) welfare, regardless of the size of transport costs. However, closer economic integration …

This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration â … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …

This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … difference, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of … the short run the impact of migration on average welfare in these countries is close to zero, while the skilled and …

firms' incentive to innovate and social welfare. In this framework, exporting firms invest in R&D to reduce their production … government aims to maximize the social welfare. We consider different settings of firm competition to explore their strategic … market always increases firms' output sales and social welfare and, in most cases, leads to higher R&D investments and …

, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with …

, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor …

, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor …