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The paper builds an argument that international trade can be an explanation behind polarization of employment in the labor market observed in developed countries such as UK and US It considers a small open economy, having production sectors which use three types of labor: high-skill,...
Persistent link: https://www.econbiz.de/10010308399
We develop a game-theoretic analysis of terrorism that examines the interaction between a terrorist organization and multiple target countries, and considers both pre-emption and deterrence as counter-terrorist policies. The damage from terror includes not only the material cost of fatality,...
Persistent link: https://www.econbiz.de/10015258048
The paper builds an argument that international trade can be one explanation behind polarization of employment in the labor market observed in developed countries such as U.K. and U.S. It considers a small open economy, having production sectors which use three types of labor: high-skill,...
Persistent link: https://www.econbiz.de/10010307339
This paper examines the political economy of trade policy in the context of a small open economy, when factor ownerships are variable. The median voter hypothesis is used. In the long run, both trade protection and distribution of wealth and income are endogenous, and the paper investigates how...
Persistent link: https://www.econbiz.de/10010334360
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Purpose – The purpose of this paper is to develop a political‐economy model to show how political imperatives lead to reforms in administering direct tax collection. Design/methodology/approach – A static, political‐gain approach was used to model employment in the tax collection sector...
Persistent link: https://www.econbiz.de/10014758947
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