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Registros recuperados: 42 | |
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Jansson, Torbjorn. |
In this article, it is shown how the parameters of a transport model can be estimated in a way that, in contrast to previously used methods, utilizes observations of regional prices as well as of trade costs. The proposed method uses bi-level programming to minimize a weighted least squares criterion under the restriction that the estimated parameters satisfy the Kuhn-Tucker conditions for an optimal solution of the transport model. We use Monte-Carlo simulations to trace out some properties of the estimator and compare it with a traditional calibration method. The analysis shows that the proposed technique estimates prices as well as trade costs more efficiently. |
Tipo: Working or Discussion Paper |
Palavras-chave: Spatial equilibrium; Transport model; Bi-level programming; Research Methods/ Statistical Methods; C15; F11. |
Ano: 2005 |
URL: http://purl.umn.edu/18787 |
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Gaitan, Beatriz; Roe, Terry L.. |
The closed economy neoclassical growth model predicts convergence to a capital stock level that is independent of its initial level, suggesting that discrepancies in per capita income among the world’s economies should largely disappear in the long-run. This paper shows that international trade among countries differing only in their level of initial capital is sufficient to generate long-run income differences across countries. The long-run level of capital of the country most initially endowed with capital is shown to exceed the level of capital otherwise obtained in autarchy while the country least endowed converges to a capital stock lower than would otherwise be obtained in autarchy. |
Tipo: Report |
Palavras-chave: International trade; Development; Multiple Equilibria; International Relations/Trade; O41; F43; F11. |
Ano: 2007 |
URL: http://purl.umn.edu/7183 |
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Busse, Matthias; Spielmann, Christian. |
The paper empirically explores the international economic effects of gender discrimination, namely the linkages of gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and the extent of gender discrimination across countries and presents the results of empirical tests of those linkages. The results indicate that gender inequality is positively associated with comparative advantage in unskilled-labour-intensive goods, that is, commodities where the impact of gender bias is likely to be felt most strongly. In contrast, foreign direct investment is negatively linked with gender inequality. These results even hold for relatively poor developing countries. |
Tipo: Working or Discussion Paper |
Palavras-chave: Gender Discrimination; Trade; Comparative Advantage; FDI; Labor and Human Capital; F23; J71; J82; F11. |
Ano: 2003 |
URL: http://purl.umn.edu/26151 |
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Wailes, Eric J.; Chavez, Eddie C.. |
The Arkansas Global Rice Model is based on a multi-country statistical simulation and econometric framework. The model consists of six sub regions. These regions are the U.S., South Asia, North Asia and the Middle East, the Americas, Africa and Europe. Each region comprises of several countries and each country model has a supply sector, a demand sector, a trade, stocks and price linkage equations. All equations used in this model were estimated using econometric procedures or identities. Estimates are based upon a set of explanatory variables including exogenous macroeconomic factors such as income, population, inflation rate, technology development, and especially, government determined policy variables which reflect the various mechanisms by which... |
Tipo: Working or Discussion Paper |
Palavras-chave: Rice; Trade model; Policy; Agricultural and Food Policy; Crop Production/Industries; Marketing; C02; C61; F11; F14; Q17; Q18. |
Ano: 2010 |
URL: http://purl.umn.edu/94347 |
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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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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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Registros recuperados: 42 | |
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