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Using bilateral trade flow data from 1979 to 1999, we estimate trade integration between Chile and its principal trading partners (European Union, United States and Latin America) during this period. Our estimates are based on a gravity specification, theoretically grounded on a monopolistic...
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Twenty-five papers survey and illustrate approaches to and applications of contract economics. Earlier versions of most of the papers were published in special issue no. 92 of the Revue d'Economie Industrielle entitled "The Economics of Contracts in Prospect and Retrospect" (2000). Papers...
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the Zone Franche. The export and employment growth has come to a halt. Our econometric estimates, based on first-hand data …, show that average wages in the Zone Franche have become lower than in the formal industrial sector, other things being … competition. As the example of Madagascar shows, EPZs can no longer be placed at the core of development and employment policies …
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We consider a demand based theory along the lines of Murphy et al. (1989) to study the interaction between income inequalities and trade patterns. We analyze the effect of redistributive policies on the production patterns and welfare. We distinguish an intensive and an extensive channels...
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This article achieves to assess the impact of Poland’s accession to the European Union (EU) on factor and product markets, household consumption, economic growth and also on welfare. To explore the effects of regional integration in this specific transition economy, we implement an applied...
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