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IS "GETTING THE PRICES RIGHT" ALWAYS RIGHT? HOW TRADE LIBERALIZATION CAN FAIL AgEcon
Gaitan, Beatriz; Pavel, Ferdinand.
We present a general equilibrium model with oligopsonistic market structure in one of the sectors. Buyers of inputs can set the price of inputs by being involved in rent seeking activities. The framework developed is applied to the Bulgarian economy in particular to the agro-food chain. From the application to the Bulgarian economy we find that if there are market imperfections, such as oligopsonistic behavior in the economy, there are no significant welfare gains from free trade. Significant welfare gains from trade are observed only when a competitive structure prevails. We show that eliminating this market imperfection can bring important welfare implications and an efficient reallocation of resources.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2000 URL: http://purl.umn.edu/12970
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IS 'GETTING THE PRICES RIGHT' ALWAYS RIGHT? HOW TRADE LIBERALIZATION CAN FAIL AgEcon
Gaitan, Beatriz; Pavel, Ferdinand.
We present a general equilibrium model with oligopsonistic market structure in one of the sectors. Buyers of inputs can set the price of inputs by being involved in rent seeking activities. The framework developed is applied to the Bulgarian economy in particular to the agro-food chain. From the application to the Bulgarian economy we find that if there are market imperfections, such as oligopsonistic behavior in the economy, there are no significant welfare gains from free trade. Significant welfare gains from trade are observed only when a competitive structure prevails. We show that eliminating this market imperfection can bring important welfare implications and an efficient reallocation of resources.
Tipo: Conference Paper or Presentation Palavras-chave: Imperfect Competition; Oligopsony; International Trade; Growth and Development; Transition Economies; International Relations/Trade; D34; E13; F12; L16.
Ano: 2000 URL: http://purl.umn.edu/21881
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Analyse der Bestandsentwicklung landwirtschafticher Familienarbeitskrafte in Westdeutschland AgEcon
Pavel, Ferdinand.
The purpose of this paper is to identify the explanatory variables of the changes of family labour in West German agriculture over the last thirty years. Labour stocks are distinguished into full and part time labour for both sexes separately. Demographic influences imply quasi autonomous changes of labour stocks which are quantified using cohort analysis. The rates of change exceeding this quasi autonomous component are regressed on explanatory variables. The most significant influence is found for the expected incomes in agriculture, the opportunity costs of family labour and general labour market conditions. Ziel der Analyse ist es, die Bestimmungsgrunde der Bestandsentwicklung landwirtschaftlicher Familienarbeitskrafte in Westdeutschland und deren...
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital.
Ano: 1997 URL: http://purl.umn.edu/18779
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Can We Feed the Animals? Origins and Implications of Rising Meat Demand AgEcon
Keyzer, Michiel A.; Merbis, Max D.; Pavel, Ferdinand.
The paper argues that current long-term projections of global meat and feed demand may underestimate future consumption patterns for mainly two reasons. First, they do not explicitly consider increased demand for protein foods of animal origin with rising incomes in some developing countries, and second they do not allow for changes in livestock technology, in particular feed demand. We then project the impact of both mechanisms to show the empirical relevance of our comments and suggest ready-to-use tools to consider them within standard projection models.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural outlook; Income growth; Piecewise linear regression; Meat and feed demand; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/24955
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HOW TO CONSIDER GOVERNANCE IN ECONOMIC POLICY MODELING? AgEcon
Gaitan, Beatriz; Pavel, Ferdinand.
We develop a framework where economic agents choose between becoming productive entrepreneurs or re-distributive rent seekers. Rent seekers use economic resources to extract rents and thus their existence generates an inefficient economic outcome. We study the welfare impact of rent seeking activities and show that their reduction is welfare improving.
Tipo: Conference Paper or Presentation Palavras-chave: Political Economy.
Ano: 2001 URL: http://purl.umn.edu/20566
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