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Registros recuperados: 42 | |
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Irz, Xavier T.; Roe, Terry L.. |
This paper develops a two-sector model of growth where agriculture is considered explicitly. Key features of the model include: the reliance of agricultural production on a fixed but degrading resource base, the use by the farm sector of industrially produced inputs and differing rates of technological progress in the two sectors. On the demand side, the low income elasticity for food as well as the life-sustaining function of food consumption are recognized. In this simplified framework, the sustainability of growth can be related to the existence of a steady state reflecting the ability of the economy to feed its population. This property is used to identify the characteristics within and outside of agriculture conducive to the sustainability of a... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Sustainability; Agriculture and growth; Dynamic general equilibrium model; International Development; O41; O13; F11. |
Ano: 2000 |
URL: http://purl.umn.edu/21762 |
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Catao, Luis; Falcetti, Elisabetta. |
Following the liberalization reforms of the late 80s and early 90s, several emerging market economies have experienced large and persistent trade deficits. This paper focuses on the Argentine experience, examining the extent to which trade imbalances in the 1990s resulted from income and relative price movements, as well as from shifts in foreign trade elasticities associated with structural changes. New estimates of export and import equations are presented using a broader set of variables than previous studies and distinguishing between intra and extra MERCOSUR trade. We find that considerable export sensitivity to world commodity prices, domestic absorption, and economic activity in Brazil, combined with a high income elasticity of imports, are key... |
Tipo: Journal Article |
Palavras-chave: Argentina; Foreign trade elasticities; International competitiveness; MERCOSUR; International Relations/Trade; F11; F14; F31. |
Ano: 2002 |
URL: http://purl.umn.edu/44427 |
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Glebe, Thilo W.; Salhofer, Klaus. |
Small countries may benefit from the formation of a trade bloc, since their combined market power will enable them to manipulate the terms of trade. The question of interest is whether countries will benefit from the enlargement of a trading bloc, if trade liberalization induces countries to substitute domestic support measures for conventional border protection. The paper deals with this question by analyzing the conditions for positive welfare effects resulting from the enlargement of a trade bloc. Based on a partial equilibrium trade model, we consider a game in production taxes/subsidies between two trade blocs. The tax/subsidy instrument may capture the production effect which can be induced by a combination of environmental, health or safety rules.... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Trade bloc; Trade liberalization; Game theory; European Union; International Relations/Trade; D6; F11; Q17; C7. |
Ano: 2006 |
URL: http://purl.umn.edu/25529 |
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Diao, Xinshen; Elbasha, Elamin H.; Roe, Terry L.; Yeldan, A. Erinc. |
An R&D based endogenous growth - applied general equilibrium model is developed from an underlying analytical model which combines Romer's capital variety with Grossman and Helpman's multi-sector open economy model. The transitional dynamics of the analytical model are derived. For numerical implementation, a time discrete empirical model, with an Armington structure, is fit to East Asian data of the social accounting matrix variety. Simulations of trade reform are performed and their static and dynamic effects compared. The transition paths of the state variables are found to have a half-life of five to six periods. A solution of the Social Planner's problem, and interventions which seek to obtain this outcome from the decentralized model are also... |
Tipo: Working or Discussion Paper |
Palavras-chave: Applied General Equilibrium; Trade; Growth; International Relations/Trade; F11; 031; 041. |
Ano: 1996 |
URL: http://purl.umn.edu/7461 |
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Saunders, Caroline M.; Kaye-Blake, William; Cagatay, Selim. |
The recent rise of food cost in world markets has accelerated the research examining the underlying factors for this rise. The present research investigated the separate and combined impacts of three factors thought to contribute to the price rise: adverse weather events, strong and sustained growth in high populated countries, and increased biofuels production. The research further analysed the effects of these price rises on consumption expenditures in Brazil, China and India. Analyses were carried out using a partial equilibrium trade model with a focus on the 2004 to 2007 period. The modelling suggests that the most important factor behind the price rise depends on the commodity, with maize/corn, oilseeds, and sugar most affected by biofuels, while... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food prices; Partial equilibrium model; Biofuel; Agricultural and Food Policy; International Relations/Trade; F11; Q17. |
Ano: 2009 |
URL: http://purl.umn.edu/51460 |
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Martin, William J.; Anderson, Kym. |
This paper shows that research on international agricultural trade reform can make much greater contributions to understanding than was feasible in earlier trade negotiations. Part of this is due to improvements in the basic data on production, consumption and trade associated with the development of the GTAP database and part due to the greater availability of disaggregated data on applied and bound rates of protection. Unfortunately, the framework in which we operate means that we are reduced to measuring gains that are substantially less than one percent of GDP. New developments in theory and method provide the potential for our quantitative analysis to be improved in at least six areas, including improvements in: the measurement of protection;... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Trade negotiations; Multilateral; Agricultural trade; Welfare evaluation; WTO; International Relations/Trade; F13; F11; F12. |
Ano: 2006 |
URL: http://purl.umn.edu/25628 |
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Kitou, Elisavet; Philippidis, George. |
The first round of negotiations held in Ottawa on the 19th October, 2009, heralded the opening of bilateral trade talks intent on reaching a Canadian-European Union (EU27) free trade area (FTA) agreement. A second round of negotiations were staged in Brussels in January, whilst further rounds are scheduled for 2010, with the longer term aim of ratifying an agreement within 24-30 months. Although stumbling blocs will be encountered, the divergent political interests of each region are compatible. In Canada, a FTA with its second largest trading partner offers a viable alternative to its current overdependence on the US. Similarly, the EU27 sees an opportunity to regain a competitive foothold in the North American market. This paper re-examines the long run... |
Tipo: Conference Paper or Presentation |
Palavras-chave: EU27; Canada; Economic integration; Sensitive products; International Relations/Trade; C68; F11; F15; F17. |
Ano: 2010 |
URL: http://purl.umn.edu/91679 |
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Glebe, Thilo W.. |
This paper analyses how the enlargement of a trade bloc will affect national welfare. We establish a partial equilibrium model of a trade bloc either operating as a monopoly with a competitive fringe or facing a duopolistic game in production taxes/subsidies. Given this framework, we demonstrate how member countries’ welfare effects depend on their trade flow and the market power of the trade bloc. A numerical estimation of the effects of EU enlargement on the major grain crop markets suggests that welfare effects are negligible. Economic reasons are therefore unlikely to be a motivating force for further enlargement. |
Tipo: Journal Article |
Palavras-chave: Trade bloc; Trade liberalisation; Game theory; European Union; International Relations/Trade; D42; F11; Q17; Q18. |
Ano: 2009 |
URL: http://purl.umn.edu/58061 |
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Elbasha, Elamin H.; Roe, Terry L.. |
This paper uses an endogenous growth model to examine the interaction between trade, economic growth, and the environment. We find that whether trade enhances or retards growth depends on the relation between factor intensities of exportable, importable, and R&D and the relative abundance of the factor R&D uses more intensively. Depending on the intertemporal elasticity of substitution, the long-run rate of economic growth changes with environmental externalities. Concerns about the environment can explain a significant part of cross-country difference in growth rates. For the empirically reported range of the elasticity of intertemporal substitution, countries which care more about the environment grow faster. The effects of trade on the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; F11; O31; O41; Q20. |
Ano: 1995 |
URL: http://purl.umn.edu/7493 |
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Registros recuperados: 42 | |
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