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Revisiting the Conflicts between ‘Environmental Taxes vs Standard' in the Context of International Trade: The Role of Waste Recycling
Chatterjee, Nilendu; Gupta, Kausik; Chatterjee, Tonmoy - In: International Journal of Sustainable Economies … 6 (2017) 2, pp. 13-29
The present paper throws light on the famous “tax versus standard” debate in the sphere of environmental economics by using general equilibrium framework and tries to examine which of the two, i.e., tax or standard is the better way to deal with pollution. It has done so in the presence of a...
Persistent link: https://www.econbiz.de/10012047651
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Competitive Equilibria With Incomplete Markets and Endogenous Bankruptcy
Sabarwal, Tarun - In: Contributions in Theoretical Economics 3 (2003) 1
This paper constructs a model of an exchange economy in which bankruptcy arises in a manner similar to what we observe. Compared to related models, this model is a more realistic representation of some markets in which intertemporal assets are traded. Using standard and natural assumptions, it...
Persistent link: https://www.econbiz.de/10014589016
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Friedrich von Wieser and Friedrich A. Hayek: The General Equilibrium Tradition in Austrian Economics
Salerno, Joseph T. - In: Journal des �conomistes et des �tudes Humaines 12 (2002) 2
le jeune Hayek flirta avec la théorie de l’équilibre général.Dans cet article je défends la thèse selon laquelle Hayek …
Persistent link: https://www.econbiz.de/10014612442
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Meta Response Surface Design for General and Partial Equilibrium Models
Hess, Sebastian; von Cramon-Taubadel, Stephan - 2008
Due to the complexity of general and partialequilibrium models, conventional sensitivity analysis,qualitative reviews or literature-based meta-analyses donot allow for detailed assessments of the role ofindividual parameters and policy shocks across differentmodels. Therefore, the partial...
Persistent link: https://www.econbiz.de/10009445655
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Evaluating Tax Reform in Vietnam Using General Equilibrium Methods
Chan, Nguyen; Ghosh, Madanmohan; Whalley, John - 1999
In this paper we use a general equilibrium model of Vietnam, calibrated to 1995 data, to analyze tax reform options for Vietnam. We focus on aggregate welfare impacts as well as welfare of household groups ranked by income. The main focus is on indirect tax reform (VAT), but we also examine...
Persistent link: https://www.econbiz.de/10009447230
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Imperfect competition in product markets and labor markets, general equilibrium and unemployment
Schniewind, Achim - 2000
, low real wages and low unemployment results. With an intermediate view, when partial equilibrium effects are taken into … account, high real wages and unemployment results. If all general equilibrium effects are incorporated at once, again low real … wages and low unemployment results. We thus have obtained a hump-shaped relationship between the extend of feedback effects …
Persistent link: https://www.econbiz.de/10009476214