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Agent-based market models are in general based on a-priori defined supply and demand schemes. Likewise, production models assume that prices are known a-priori. In reality prices depend on variable demands and supplies, while demand and supply depend on variable prices, and these two processes...
Persistent link: https://www.econbiz.de/10010989258
Macro-level data for the US and 73 trading partners spanning the years 1980 to 2001 is used with a gravity specification to investigate the influence of immigration on bilateral trade. Prior research has identified immigrant stocks as a significant determinant of trade; however, this study...
Persistent link: https://www.econbiz.de/10005463203
Using data that represent the six-digit North American Industrial Classification System-classified industries that comprise the US manufacturing sector and that span the years 1989–2005, we test the validity of the smooth adjustment hypothesis (SAH). To our knowledge, this is the first...
Persistent link: https://www.econbiz.de/10011130182
Examining data for 79 immigrant source countries and six OECD member destination countries during the years 1975–2000, we find that source-destination cultural differences inhibit international migration. We also report that existing immigrant stocks act to offset, at least in part, the...
Persistent link: https://www.econbiz.de/10011135922
Employing data on the immigrant stocks of 43 African home countries who reside in 110 host countries and on trade flows between these countries during the year 2005, we examine whether African immigrants exert positive effects on their home countries’ trade with the typical host country....
Persistent link: https://www.econbiz.de/10011096475
In recent decades several methods have been proposed to simulate land-use changes in a spatially explicit way. In these models land is generally represented on a lattice with cell states indicating the predominant land use. Since a cell can have only one state, mixed land uses and different...
Persistent link: https://www.econbiz.de/10011003173
"We examine the influences of political party affiliation and self-identification as politically conservative, centrist, or liberal on individuals' trade preferences. Majority support for trade is reported for all political classifications, with Republicans found to be 13.7%-15.1% more likely...
Persistent link: https://www.econbiz.de/10004992375
Persistent link: https://www.econbiz.de/10005015033
Examining data for Australia and 101 trading partners that span the years 1989-2000, we find immigrants from nations afforded preference under the White Australia policy exert greater proportional influences on Australian imports from their home countries compared to immigrants from nations not...
Persistent link: https://www.econbiz.de/10005682866
Urban growth dynamics attracts the efforts of scientists from many different disciplines with objectives ranging from theoretical understanding to the development of carefully tuned realistic models that can serve as planning and policy tools. Theoretical models are often abstract and of limited...
Persistent link: https://www.econbiz.de/10005600191