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The Brander-Taylor small, open-economy model of trade in a renewable resource and other goods is modified to allow for diminishing returns in the other goods sector. It is shown that opening up for trade may result in steady-state gains from trade, even when there is open access to the resource...
Persistent link: https://www.econbiz.de/10005035700
This paper argues that interindustry labor mobility and interregional migration are simultaneously determined processes. It estimates a bivariate probit model of migration and mobility and concludes that the interindustry mobility of labor is dominated by the availability of employment hours and...
Persistent link: https://www.econbiz.de/10005609042
Persistent link: https://www.econbiz.de/10005467013
Persistent link: https://www.econbiz.de/10005604464