Showing 1 - 10 of 1,947
Persistent link: https://www.econbiz.de/10004998655
Incorporating intermediate inputs into a small-union general-equilibrium model, this paper first develops the welfare economics of preferential trading under the rules of origin (ROO) and then demonstrates that the ROO could improve the political viability of Free Trade Agreements (FTAs). Two...
Persistent link: https://www.econbiz.de/10005605069
This paper uses simulation techniques to investigate the effects of import tariffs and export subsidies on imperfectly competitive industries. A wide range of industries are studied and for each industry eight different types of firm and industry equilibrium concept are employed, so that the...
Persistent link: https://www.econbiz.de/10005281311
This paper examines the effect of unionization on welfare and trade policy in a model of duopolists competing in a third market. It shows that the traditional result that the presence of a union necessitates a stronger strategic trade policy to reach the optimal level of welfare depends on the...
Persistent link: https://www.econbiz.de/10005248209
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It uses (i) a time series approach where trade is defined in terms of aggregate outcomes, i.e., as the share of imports plus exports in GDP, and (ii) a cross sectional approach,...
Persistent link: https://www.econbiz.de/10005264046
This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger...
Persistent link: https://www.econbiz.de/10005769122
Subsidy reform has been a key component of the pre-accession reform agenda of the 10 new member states that joined the … reforms in their economies. One of the most critical reforms was to reduce, and in some cases, eliminate their subsidy … programs. This paper analyzes how key subsidy reforms (in state aid to enterprises, agriculture, energy, and transportation …
Persistent link: https://www.econbiz.de/10005263811
Output-based refunding of environmental policy revenues combines a tax on emissions with a subsidy to output. With … refunding suffers compared to a fixed subsidy. Refunding the emissions tax according to market share reduces the incentive to …
Persistent link: https://www.econbiz.de/10005589996
In this paper we use a general model of imperfect competition to predict welfare changes within an open-access fishery transitioning to individual transferable quota (ITQ) management. Although related research has explored the effects of market power in the harvesting sector on ITQ performance,...
Persistent link: https://www.econbiz.de/10005162698
Persistent link: https://www.econbiz.de/10008594380