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The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models, beginning with Harris (1984), led to much larger welfare effects from changes such as trade liberalization. But the imperfect competition side of these IO developments has often...
Persistent link: https://www.econbiz.de/10014252426
The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models, beginning with Harris (1984), led to much larger welfare effects from changes such as trade liberalization. But the imperfect competition side of these IO developments has often...
Persistent link: https://www.econbiz.de/10014357511
The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models, beginning with Harris (1984), led to much larger welfare effects from changes such as trade liberalization. But the imperfect competition side of these IO developments has often...
Persistent link: https://www.econbiz.de/10014250198
Persistent link: https://www.econbiz.de/10014286273
Spanish Abstract: Mediante un modelo de equilibrio general computable, en el que se discrimina un sector informal en la economía, se modela el sector formal como un mercado de competencia monopolística. Además de incluir mercados de trabajo discriminados, este modelo también evalúa el...
Persistent link: https://www.econbiz.de/10013051866
This paper considers the technical aspects and the consequences, in terms of simulation results and policy assessment, of introducing imperfect competition in a CGE model. The modifications to the standard CGE framework needed to model imperfect competition in some industries are briefly...
Persistent link: https://www.econbiz.de/10010312626
In order to contribute to a more comprehensive understanding of the robustness of the quantitative results of applied trade policy simulations to variations in the assumptions about firm conduct, this article provides a systematic synopsis of alternative formulations of imperfectly competitive...
Persistent link: https://www.econbiz.de/10014071436
This paper discusses which changes in the architecture of a standard CGE model are needed in order to introduce effects of trade and firm heterogeneity à la Melitz. Starting from a simple specification with partial equilibrium, one primary production factor and one industry, the frame-work is...
Persistent link: https://www.econbiz.de/10014147815
This paper discusses which changes in the architecture of a standard CGE model are needed in order to introduce effects of trade and firm heterogeneity à la Melitz. Starting from a simple specification with partial equilibrium, one primary production factor and one industry, the framework is...
Persistent link: https://www.econbiz.de/10014147819
In this paper the impact of removing all Tunisian tariffs on imports from EU, while maintaining protection on imports from the rest of the world, is evaluated using computable general equilibrium (CGE) models. Either competitive or Cournot oligopolistic commodities market structures with and...
Persistent link: https://www.econbiz.de/10014061245