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We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003). A nonlinear structural estimation procedure identifies a set of core parameters and unobserved...
Persistent link: https://www.econbiz.de/10003761391
endogenous dynamic effects of trade liberalization are built into simulation models, the estimated gains are indeed very large … Uruguay Round commitments. Because of the dynamic effects, estimated gains are considerably larger than those found in the …'s Research Support Budget under the research project The Dynamic Impact of Trade Liberalization in Developing Countries (RPO 681-40) …
Persistent link: https://www.econbiz.de/10014207134
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003). A nonlinear structural estimation procedure identifies a set of core parameters and unobserved...
Persistent link: https://www.econbiz.de/10014216895
This paper examines the consequences of the tariffication of a quota when there are several potential distortions present in a country, including domestic monopoly and wage rigidities. It is generally presumed that tariffs are superior to quotas because of their transparency and revenue-raising...
Persistent link: https://www.econbiz.de/10014074118
This paper employs a 55 sector small open economy computable general equilibrium model of the Kenyan economy to assess the impact of the liberalization of regulatory barriers against foreign and domestic business service providers in Kenya. The model incorporates productivity effects in both...
Persistent link: https://www.econbiz.de/10010521215
Persistent link: https://www.econbiz.de/10011399441
"This paper employs a 52-sector, small, open-economy computable general equilibrium model of the Tanzanian economy to assess the impact of the liberalization of regulatory barriers against foreign and domestic business service providers in Tanzania. The model incorporates productivity effects in...
Persistent link: https://www.econbiz.de/10003790902
Persistent link: https://www.econbiz.de/10003870691
Persistent link: https://www.econbiz.de/10008749023
Persistent link: https://www.econbiz.de/10003281534