This paper looks at the impact on Australia’s trade in crops (non-wheat grains and oilseeds) where GM technology has been introduced. The model includes assumptions about the productivity gains of GM crops, possible consumer responses and regulatory costs for Australia and its major trading...

Rules of origin arrangements under the Australia–New Zealand Closer Economic Relations Trade Agreement (CER) were referred to the Commission for examination and report by May 2004. The request stemmed from concerns that Australian and New Zealand firms were having difficulty achieving the...

Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...

Is the pattern of trade correlated with cross-sector differences in job turnover? Theoretically, external shocks feed through to changes in domestic employment and cross-sector differences in turnover give rise to compensating wage differentials, which feed through to output prices. Using two...

This paper analyses and compares potential efficiency gains induced by the introduction of product market competition and cross boarder trade in the piped water market. We argue that due to the specific circumstances in the water sector product market competition, i.e. competition by common...

La presente obra se centra en uno de los problemas fundamentales de nuestra época: el desenvolvimiento económico de la convergencia y el crecimiento en las regiones considerando a las instituciones y el comercio internacional. A lo largo del libro el autor discute los modelos teóricos y...

East Asia is one of the most important areas of tropical forests worldwide. Considerable concern has arisen that the East Asian economic crisis would result in a further worsening of the already high pressures experienced by the region’s forests. This report examines the available evidence on...

The industrial diversification of cities is explained without imposing linkages among industries. In each of two city-industries, a manufacture is produced competitively as the final good using labor and industry- specific differentiated services. Manufacturers import the services of their...

This paper presents a model of the New Economic Geography which integrates commuting costs and land rent and displays a dispersion - agglomeration configuration when regional and/or international trade are liberalised. Two main results are found, the first one is that dispersion Pareto dominates...

This paper examines the determinants of the real effective exchange rate (REER) in Brazil, from 1994 to 2003. Building on a standard theoretical model and based on the Johansen cointegration estimation, the main finding is that much of the long-run behavior of the REER can be explained by...