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This study builds Cambodia’s social accounting matrix. Using a CGE-based simulation, it then assesses the impacts of …
Persistent link: https://www.econbiz.de/10011202915
Developing countries are increasingly concerned about gender dimensions of the impacts of economic reforms initiated under structural adjustment and stabilization programmes. This article develops a gendered Computable General Equilibrium model based on the notions of production in paid economy...
Persistent link: https://www.econbiz.de/10005836165
returns to schooling in Palestine is overestimated because of omitted unobservable household characteristics from the wage …
Persistent link: https://www.econbiz.de/10010669170
This paper presents a dynamic, two-region general equilibrium model in which inter-regional production and trade patterns are endogenously determined. Localized growth stems from geographical concentration of an industrial sector exhibiting permanent productivity increases. Geographical...
Persistent link: https://www.econbiz.de/10005504212
Trade theorists have come to understand that their theory is ambiguous on the question: are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10005497822
An optimum currency area is an economic unit composed of regions affected symmetrically by disturbances and between which labour and other factors of production flow freely. The symmetrical nature of disturbances and the high degree of factor mobility make it optimal to forsake nominal exchange...
Persistent link: https://www.econbiz.de/10005497995
We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share of total output will equal its shares of total stocks of productive factors (i.e., physical and human capital). We label this result the equal-share relationship. This...
Persistent link: https://www.econbiz.de/10005405385
This paper analyzes regional public education policy in the presence of mobile workers. Labor market integration leads to fiscal competition, shifting the whole burden of taxation to immobile workers. In the case of mobile skilled workers, this results in income inequalities and inefficient low...
Persistent link: https://www.econbiz.de/10005406032
This paper highlights the way in which workers of different age and ability are affected by anticipated and unanticipated trade liberalisations. A two-factor (skilled and unskilled labour), two-sector Heckscher-Ohlin model is supplemented with an education sector which uses skilled labour and...
Persistent link: https://www.econbiz.de/10005465010
This paper presents a simple condition for optimal asymmetric labour (capital) taxation/subsidization in a two-sector model with logarithmic utilities and Cobb-Douglas production functions, linked to demographic factors: fertility rate and longevity. The paper shows that depending on parameter...
Persistent link: https://www.econbiz.de/10011093974