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The paper discusses the so-called sharing economy from an industrial structure perspective. The illustrative cases examined are Airbnb and Uber. The research question raised is concerned with the extent to which transaction cost theory can be used to explain the changing industrial structures in...
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This paper reports the application of our new spatial computable general equilibrium (SCGE) model for analyzing the wider effects of strategic transport and land use development options. We examine the insights afforded by a SCGE model relative to those provided by existing land use and...
Persistent link: https://www.econbiz.de/10011507862
We develop a framework for studying how differences in the level and/or dispersion of per-capita income affect trade structure and welfare in a two-country model. Thereby, we embed nonhomothetic preferences into a home-market model with two sectors of production and one input factor. We...
Persistent link: https://www.econbiz.de/10012267500
We look at the effect of domestic redistribution policy on offshoring in an asymmetric two country model of monopolistic competition, heterogeneous firms and occupational choice. The redistribution scheme is modeled by a combination of a progressive income tax and a lump-sum transfer. We find...
Persistent link: https://www.econbiz.de/10013338060
Differences in environmental regulation between rich and poor countries have caused a geographical relocation of polluting industry from the former to the latter. In several cases the reduction in domestic emissions is at least partly compensated by an increase in trans-boundary pollution which...
Persistent link: https://www.econbiz.de/10011522609