Complementarity and Increasing Returns in Intermediate Inputs

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Complementarity and Increasing Returns in Intermediate Inputs by : Florencio Lopez-de-Silanes

Download or read book Complementarity and Increasing Returns in Intermediate Inputs written by Florencio Lopez-de-Silanes and published by . This book was released on 1992 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare improving. This is essentially a terms-of-trade argument that is reinforced if the imported goods are substitutes for domestic goods produced with increasing returns to scale, goods that are initially underproduced in free-trade equilibrium. This paper notes that this result may not hold when (1) the imports are intermediates used in a domestic increasing-returns industry, and/or (2) the intermediates are complements for domestic inputs produced with increasing returns. We then demonstrate such an outcome with respect to Mexican protection against imported auto parts using an applied general-equilibrium model of the North American auto industry.

Complementary and Increasing Returns in Intermediate Inputs

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (848 download)

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Book Synopsis Complementary and Increasing Returns in Intermediate Inputs by : Florencio López de Silanes

Download or read book Complementary and Increasing Returns in Intermediate Inputs written by Florencio López de Silanes and published by . This book was released on 1992 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Complementarity, Linkages Between Firms, and the Effect of Entry Costs on Productivity

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Complementarity, Linkages Between Firms, and the Effect of Entry Costs on Productivity by : Fernando del Rio

Download or read book Complementarity, Linkages Between Firms, and the Effect of Entry Costs on Productivity written by Fernando del Rio and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a general equilibrium model where firms are heterogeneous in terms of productivity, we introduce differentiated goods in production that are not perfect substitutes, as well as intermediate inputs needed to produce those goods. We show that an increase in either the complementarity of differentiated goods or the share of intermediate inputs in gross output, significantly increases the negative effect of entry costs on total factor productivity (TFP) and output per worker. We also find that the effect of complementarity is quantitatively stronger. If we assume an empirically plausible value for the elasticity of substitution between differentiated goods, then the model considerably improves its ability to reproduce the observed negative relationship between entry costs and TFP or output per worker.

Handbook of Computable General Equilibrium Modeling

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Publisher : Newnes
ISBN 13 : 0444536353
Total Pages : 1143 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Computable General Equilibrium Modeling by : Peter B. Dixon

Download or read book Handbook of Computable General Equilibrium Modeling written by Peter B. Dixon and published by Newnes. This book was released on 2013-11-14 with total page 1143 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy

Firm Demand for Imported Intermediate Inputs

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Firm Demand for Imported Intermediate Inputs by : Deborah Swenson

Download or read book Firm Demand for Imported Intermediate Inputs written by Deborah Swenson and published by . This book was released on 1997 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Theory, Dynamics and Markets

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Publisher : Springer Science & Business Media
ISBN 13 : 1461516773
Total Pages : 542 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Economic Theory, Dynamics and Markets by : Takashi Negishi

Download or read book Economic Theory, Dynamics and Markets written by Takashi Negishi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory, Dynamics, and Markets. The collection of essays in honor of Ryuzo Sato, written by his colleagues and students, covers the many fields of economic theory and policy to which he has contributed. The first section pays tribute to his contributions to mathematical economics and economic theory. Ryuzo Sato is known for his work in growth theory and technical progress, and the second section has a number of papers on macroeconomics and dynamics. The third section has a number of papers on financial markets and their functioning in Japan and the United States. The next section examines various aspects of the economics of firms and industry. Ryuzo Sato has been very involved in analyzing the economic and business relations between Japan and the United States, and the last section is devoted to comparative analysis of economic systems.

The Origin of Goods

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Publisher : Oxford University Press, USA
ISBN 13 : 0199290482
Total Pages : 347 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis The Origin of Goods by : Olivier Cadot

Download or read book The Origin of Goods written by Olivier Cadot and published by Oxford University Press, USA. This book was released on 2006-02-23 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dark side of preferential trade agreements, Rules of Origin (RoO) are used to determine the eligibility of goods to preferential treatment. Ostensibly meant to prevent the trans-shipment of imported products across Free Trade Agreement borders after superficial screwdriver assembly, they act in reality as complex and opaque trade barriers. This book provides evidence strongly suggesting that they do so by intent rather than accidentally---in other words, that RoOs are policy.Part one draws insights about the effects of RoOs on cross-border trade and outsourcing from recent economic theory. Part two reviews the evidence on RoOs in preferential agreements around the world, putting together the most comprehensive dataset on RoOs to date. Part three explores their "political economy"---how special interests have shaped them and continue to do so. Part four provides econometric evidence on their costs for exporters and consequent effects on trade flows. Finally, partfive explores how they affect trade in the developing world where they spread rapidly and have the potential to do most harm.Beyond the collection of new evidence and its interpretation in light of recent theory, the book's overall message for the policy community is that RoOs are a potentially powerful and new barrier to trade. Rather than being relegated to closed-door technical meetings, their design should hold center-stage in trade negotiations.

Inframarginal Contributions To Development Economics

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Publisher : World Scientific
ISBN 13 : 9814478601
Total Pages : 564 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Inframarginal Contributions To Development Economics by : Christis G Tombazos

Download or read book Inframarginal Contributions To Development Economics written by Christis G Tombazos and published by World Scientific. This book was released on 2006-10-09 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: The core of classical economic analysis represented by William Petty and Adam Smith concentrated on the field of development economics. This classical footing of the study of development is different from the neoclassical perspective in two important respects: (a) it focuses on division of labor as the driving force of development, and (b) it emphasizes the role of the market (the “invisible hand”) in exploiting productivity gains that are derived from division of labor. However these aspects have received little attention in the body of literature that represents the modern field of development economics — which largely represents the neoclassical application of marginalism. A notable exception is research that utilizes inframarginal analysis of individuals' networking decisions in an attempt to formalize the classical mechanisms that drive division of labor. This book is a first attempt to collect relevant key contributions and is intended for active researchers in the field of development economics.

How do rules of origin affect investment flows ? : some hypotheses and the case of Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 22)

Download How do rules of origin affect investment flows ? : some hypotheses and the case of Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 22) PDF Online Free

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Publisher : BID-INTAL
ISBN 13 : 950738250X
Total Pages : 50 pages
Book Rating : 4.5/5 (73 download)

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Book Synopsis How do rules of origin affect investment flows ? : some hypotheses and the case of Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 22) by : Antoni Estevadeordal

Download or read book How do rules of origin affect investment flows ? : some hypotheses and the case of Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 22) written by Antoni Estevadeordal and published by BID-INTAL. This book was released on 2006 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Policies for Development and Transition

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Publisher : World Scientific Publishing Company
ISBN 13 : 9813108444
Total Pages : 695 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Trade Policies for Development and Transition by : David G Tarr

Download or read book Trade Policies for Development and Transition written by David G Tarr and published by World Scientific Publishing Company. This book was released on 2016-12-29 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author has virtually incomparable experience in both providing trade policy advice to more than 25 countries on behalf of the World Bank and also publishing quality journal articles in most of those cases. In this volume, he focuses on his work on: (i) trade policies for countries making the transition from planned to market economies; (ii) his trade policy guideline papers for the World Bank on trade policies for poverty alleviation, uniform tariff policy, adjustment costs of trade liberalization, exchange rate overvaluation, globalization and technology transfer and rules of thumb on regional trade policies; (iii) multilateral, dynamic and environmental issues in trade policy using computable general equilibrium models; (iv) trade policy of the United States in the auto and steel industries; and (v) mathematical methods for modeling. The papers show an unusual combination of policy relevance, advice and impact, with rigor and international trade theory insights. The papers in this volume have appeared in many of the economics profession's more prestigious journals, including Econometrica, Review of Economic Studies, Quarterly Journal of Economics, Economic Journal, the Journal of International Economics, International Economic Review, European Economic Review, Canadian Journal of Economics, Economic Inquiry, the Journal of Comparative Economic, Review of International Economics, World Economy, the Southern Economic Journal, the World Bank Economic Review, the Japanese Economic Review and the Latin American Journal of Economics. In this book, the author elaborates on the articles by discussing some of the policy contexts for the requests for the work from developing and transition countries to the World Bank, the key trade theory or policy insights, policy recommendations and conclusions and the policy impacts.

Foreign Direct Investment in Services and the Domestic Market for Expertise

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4./5 ( download)

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Book Synopsis Foreign Direct Investment in Services and the Domestic Market for Expertise by : James R. Markusen

Download or read book Foreign Direct Investment in Services and the Domestic Market for Expertise written by James R. Markusen and published by World Bank Publications. This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: How important to welfare and growth in developing countries are restraints on foreign providers of producer services? Limiting such services not only may limit growth but may hurt some of the very people - domestic skilled workers in such service sectors - those restraints are designed to protect.

Economic Impact of EU Membership on Entrants

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Publisher : Springer Science & Business Media
ISBN 13 : 1475734077
Total Pages : 281 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Economic Impact of EU Membership on Entrants by : Richard E. Baldwin

Download or read book Economic Impact of EU Membership on Entrants written by Richard E. Baldwin and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of its EU strategy, the Swiss government commissioned several research projects covering the most important aspects of economic integration. Given the interesting results and the wealth of methods used in these studies we decided to organize a conference on the topic of 'The Economic Impact of EU Membership on Entrants: New Methods and Issues". The idea was to use the work on Switzerland as a case study for discussing modern approaches on how to assess the economic effects of joining an integration zone. This seemed to us to be a topic of considerable interest for the rising number of prospective EU-member countries. The response was very favourable with many eminent scholars agreeing to contribute. The conference took place in Lausanne, Switzerland in October 1999 and the papers submitted together with the discussions are published in this volume. We would like to acknowledge the financial support of the Swiss State Secretariat for Economic Affairs and to thank the University of Lausanne for providing the venue facilities for the conference. Many persons helped in the preparation of the conference and this volume but we would like to especially mention Marc Surchat who provided substantial input for the conference and Walter Brodmann who very efficiently reviewed and finalized the manuscript. The Editors RICHARD E. BALDWIN AND A YMO BRUNETTI THE ECONOMIC IMPACT OF EU MEMBERSHIP ON ENTRANTS: NEW METHODS AND ISSUES INTRODUCTION What a transformation Europe has witnessed in the past 15 years.

Introduction to Computable General Equilibrium Models

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Publisher : Cambridge University Press
ISBN 13 : 1107132207
Total Pages : 443 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Introduction to Computable General Equilibrium Models by : Mary E. Burfisher

Download or read book Introduction to Computable General Equilibrium Models written by Mary E. Burfisher and published by Cambridge University Press. This book was released on 2016 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.

Multinational Firms in the World Economy

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Publisher : Princeton University Press
ISBN 13 : 0691214271
Total Pages : pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Multinational Firms in the World Economy by : Giorgio Barba Navaretti

Download or read book Multinational Firms in the World Economy written by Giorgio Barba Navaretti and published by Princeton University Press. This book was released on 2020-06-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Depending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals are seen by some as threats to national identities and wealth and are accused of riding roughshod over national laws and of exploiting cheap labor. However, the debate on these companies and foreign direct investment is rarely grounded on sound economic arguments. This book brings clarity to the debate. With the contribution of other leading experts, Giorgio Barba Navaretti and Anthony Venables assess the determinants of multinationals' actions, investigating why their activity has expanded so rapidly, and why some countries have seen more such activity than others. They analyze their effects on countries that are recipients of inward investments, and on those countries that see multinational firms moving jobs abroad. The arguments are made using modern advances in economic analysis, a case study, and by drawing on the extensive empirical literature that assesses the determinants and consequences of activity by multinationals. The treatment is rigorous, yet accessible to all readers with a background in economics, whether students or professionals. Drawing out policy implications, the authors conclude that multinational enterprises are generally a force for the promotion of prosperity in the world economy.

Increasing Returns and Economic Analysis

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Publisher : Springer
ISBN 13 : 1349262552
Total Pages : 478 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Increasing Returns and Economic Analysis by : Kenneth J. Arrow

Download or read book Increasing Returns and Economic Analysis written by Kenneth J. Arrow and published by Springer. This book was released on 1998-04-12 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.

Production, Multi-Sectoral Growth and Planning

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Publisher : Elsevier
ISBN 13 : 1483297489
Total Pages : 354 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Production, Multi-Sectoral Growth and Planning by : F.R. Førsund

Download or read book Production, Multi-Sectoral Growth and Planning written by F.R. Førsund and published by Elsevier. This book was released on 2014-06-28 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Leif Johansen's contributions to economic science are well documented in his articles and essays for economic journals, symposium volumes and Festschrifts, all of which are to be published by North-Holland. When initiating the idea of this collection, Professor Dale W. Jorgenson also suggested a memorial volume by associates and others that would include papers devoted to research topics directly inspired by Leif Johansen. In the present volume this idea is realised. Three topics are covered: production theory, multisectoral growth models and planning. The papers presented here were either under work at the time of Leif Johansen's death or prepared especially for this volume.

A Geometry of Specialization

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis A Geometry of Specialization by : Joseph F. Francois

Download or read book A Geometry of Specialization written by Joseph F. Francois and published by . This book was released on 1998 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: