Showing 1 - 4 of 4
The pro-competitive effects of international trade in the presence of monopoly, and the deleterious effects of protection, are topics commonly taught in both international trade and industrial organization classes. We present a numerical simulation model for classroom use, built in Excel, that...
Persistent link: https://www.econbiz.de/10014613575
We exploit the public good attributes of Ganges water pollution cleanup and theoretically analyze an aggregate economy of two cities-Kanpur and Varanasi-through which the Ganges flows. Our specific objective is to study whether water pollution cleanup in these two cities ought to be provided in...
Persistent link: https://www.econbiz.de/10014426713
We analyze how a permanent shift in political power in a region that is creative a la Richard Florida affects tax policy and economic outcomes. There are three groups of individuals in our region: laborers or workers, creative class members or entrepreneurs, and the elites. The elites initially...
Persistent link: https://www.econbiz.de/10015394586
We analyze how deterministic political competition between the elites and the so-called creative class shapes economic outcomes in a stylized region. By deterministic, we mean a case where political power has shifted from the elites to the creative class with probability one. There are three...
Persistent link: https://www.econbiz.de/10015413991