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This paper describes the World Trade Model, a linear program that determines world prices, scarcity rents, and international trade flows based on comparative advantage in a world economy with m regions, n goods, and k factors. The new model generalizes the World Model of Leontief et al. (1977)...
Persistent link: https://www.econbiz.de/10005484935
This paper describes an extension of Duchin's world trade model to include the explicit representation of transportation costs, permitting the endogenous determination of bilateral trade flows and region-specific prices. The original model is a linear program that, based on comparative advantage...
Persistent link: https://www.econbiz.de/10005484967
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Water stress in Mexico is intimately linked to agriculture, as irrigation claims 75% of national water withdrawals. The Mexican mix of irrigation technologies is dominated by flood techniques, utilized on 93% of irrigated land, while drip and sprinkler systems, both with higher application...
Persistent link: https://www.econbiz.de/10010977059
With growing demand for fresh water and uncertain supplies, there is an increasing concern about future water scarcity. Since most freshwater withdrawals are for agriculture, reliance on water embodied in imported food (trade in ‘virtual water’) is a possible strategy to provide food to...
Persistent link: https://www.econbiz.de/10010977062
This paper identifies a fundamental challenge in the development of input-output databases of the world economy intended for analysis of alternative scenarios with a model of the world economy. Primary data sources for individual economies generally do not use the same sectoral classification...
Persistent link: https://www.econbiz.de/10010993741
Significant economic disparities among China's Eastern, Central, and Western regions pose unequivocal challenges to social equality and political stability in the country. A major impediment to economic development, especially in the poor, remote Western region, is the shortage of a...
Persistent link: https://www.econbiz.de/10004966753
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