Similar Search Results

How Barriers to International Trade Affect TFP

Herrendorf, Berthold; Teixeira, Arilton - In: Review of Economic Dynamics 8 (2005) 4, pp. 866-876

We ask how barriers to international trade affect TFP when there are monopoly rights in the import …--competing industries. Holmes and Schmitz (1995) show that without barriers to trade TFP in these industries is as large as possible. We … reduce TFP. (Copyright: Elsevier) …

Persistent link: https://www.econbiz.de/10005069691

Monopoly Rights can Reduce Income Big Time

Herrendorf, Berthold; Teixeira, Arilton - C.E.P.R. Discussion Papers - 2003

We study a two–sector version of the neoclassical growth model with coalitions of factor suppliers in the capital producing sectors. We show that if the coalitions have monopoly rights, then they block the adoption of the efficient technology. We also show that blocking leads to a decrease in...

Persistent link: https://www.econbiz.de/10005792521

Monopoly rights can reduce income big time

Herrendorf, Berthold; Teixeira, Arilton - 2004

because they do not only reduce TFP in capital-producing sector but also increase the relative price of capital.This reduces …

Persistent link: https://www.econbiz.de/10012147906

Monopoly rights can reduce income big time

Herrendorf, Berthold; Teixeira, Arilton - Suomen Pankki - 2004

because they do not only reduce TFP in capital-producing sector but also increase the relative price of capital. This reduces …

Persistent link: https://www.econbiz.de/10005648957

How Barriers to International Trade Affect TFP

Teixeira, Arilton; Herrendorf, Berthold - Fundação Instituto Capixaba de Pesquisas em … - 2009

We ask how barriers to international trade affect TFP when there are monopoly rights in the import-competing industries …. Holmes and Schmitz (1995) show that without barriers to trade TFP in these industries is as large as possible. We study the … quantities, if they produce at all. For both of these reasons, barriers to international trade reduce TFP. …

Persistent link: https://www.econbiz.de/10010631438

CER - Centre for European Reform

Centre for European Reform <London>

The Centre for European Reform is a think-tank devoted to improving the quality of the debate on the European Union. It is a forum for people with ideas from Britain and across the continent to discuss the many political, economic and social challenges facing Europe. It seeks to work with...

Persistent link: https://www.econbiz.de/10009636990

Developing a euro area accounting matrix

Jellema, Tjeerd; Keuning, Steven; McAdam, Peter; Mink, … - 2004

An important part of external or policy shocks is transmitted throughout the economy via various channels of transactions. To analyse such channels and to predict the impact of shocks, it is expedient to know who recently exchanged what with whom and for what purpose. The most appropriate format...

Persistent link: https://www.econbiz.de/10009639410

Bureau of Economic Analysis - Survey of Current Business

United States / Bureau of Economic Analysis

The U.S. Bureau of Economic Analysis monthly journal of record presents summary estimates and analyses of U.S. economic activity. It includes articles about the national, regional, and international economic accounts and related topics. It also presents the latest estimates of the national...

Persistent link: https://www.econbiz.de/10005843086

Indeterminancy and Sunspots with Constant Returns

Benhabib, Jess; Nishimura, Kazuo - C.V. Starr Center for Applied Economics, Department of … - 1996

We show that indeterminacy can easily arise in multi-sector models that have constant variable returns to scale and very small market imperfections. This is in sharp contrast to models that require increasing returns to generate indeterminacy, and which have been criticized on the basis of...

Persistent link: https://www.econbiz.de/10005826880

The 'new political economy': Two recent books

Paul, Gilles Saint - Department of Economics and Business, Universitat … - 2000

This paper reviews two recent books on Political Economy by Allan Drazen and Torsten Persson and Guido Tabellini. It discusses some problems of the recent Political Economy literature.

Persistent link: https://www.econbiz.de/10005827474

1
2
3
4
5
6
7
8
9
10
Next
Last