The Effects of Distortions in the Factor Market

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis The Effects of Distortions in the Factor Market by : Jaime De Melo

Download or read book The Effects of Distortions in the Factor Market written by Jaime De Melo and published by . This book was released on 1976 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Distortions in the Factor Market

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Effects of Distortions in the Factor Market by : Jaime De Melo

Download or read book The Effects of Distortions in the Factor Market written by Jaime De Melo and published by . This book was released on 1976 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Distortions in the Factor Market

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The Effects of Distortions in the Factor Market by : Jaime De Melo

Download or read book The Effects of Distortions in the Factor Market written by Jaime De Melo and published by . This book was released on 1976 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Empirical Estimation of the Impact of Factor Market Distortions in International Trade

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Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.:/5 (18 download)

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Book Synopsis An Empirical Estimation of the Impact of Factor Market Distortions in International Trade by : Julia Ingrid Lane

Download or read book An Empirical Estimation of the Impact of Factor Market Distortions in International Trade written by Julia Ingrid Lane and published by . This book was released on 1982 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Distortions in Factor Markets and Structural Adjustments in the Economy

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

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Book Synopsis Distortions in Factor Markets and Structural Adjustments in the Economy by : Masayuki Nakakuki

Download or read book Distortions in Factor Markets and Structural Adjustments in the Economy written by Masayuki Nakakuki and published by . This book was released on 2004 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Trade and Distortions in Factor Markets

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis International Trade and Distortions in Factor Markets by : Stephen P. Magee

Download or read book International Trade and Distortions in Factor Markets written by Stephen P. Magee and published by . This book was released on 1976 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade with Labor Market Distortions and Heterogeneous Labor

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Trade with Labor Market Distortions and Heterogeneous Labor by : Kala Krishna

Download or read book Trade with Labor Market Distortions and Heterogeneous Labor written by Kala Krishna and published by . This book was released on 2002 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explains the differential impacts of trade on countries in terms of institutional differences which result in factor market distortions. We modify the Ricardian, Specific Factor and Hecksher Ohlin models of trade to capture these. Trade has both terms of trade effects and output effects. Both work to raise welfare in an undistorted economy. In a distorted economy, price effects work to improve welfare, while output effects work to reduce it. Large distorted countries are more likely to lose from trade as beneficial price effects are lower. In addition the greater the substitutability between goods, the more likely it is that welfare rises through trade.

Product and Factor Market Distortions

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Product and Factor Market Distortions by : Jean-Pierre Christophe Chauffour

Download or read book Product and Factor Market Distortions written by Jean-Pierre Christophe Chauffour and published by . This book was released on 2019 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the effect of market distortions in the manufacturing sector in Morocco. Recent microdata are used to calculate the extent of resource misallocation associated to these distortions and the potential total factor productivity (TFP) gain resulting from their removal. Market distortions in the manufacturing sector in Morocco are higher compared with developed countries and slightly more important compared with other developing countries, such as China and India. These distortions decreased between 2007 and 2013. Full liberalization would raise TFP by about 84 percent. If distortions are removed to the level of selected developed countries with better resource allocation, the increase in TFP would be of 56 percent. The paper also finds that industries that are more opened to competition (international and domestic) such as machinery and textiles industries present lower levels of market distortions compared with more protected industries with relatively little competition, such as the food industry. Besides, a higher level of TFP can be achieved if more resources are allocated to ?young? and ?small? firms. The main results of the paper are robust to an alternative estimation that uses a different methodological framework with a less extensive theoretical framework. The paper discusses policies to further limit the extent of product and factor market distortions in Morocco.

Macroeconomic Fluctuations and Policies

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Publisher : MIT Press
ISBN 13 : 0262549298
Total Pages : 361 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Macroeconomic Fluctuations and Policies by : Edouard Challe

Download or read book Macroeconomic Fluctuations and Policies written by Edouard Challe and published by MIT Press. This book was released on 2023-09-19 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: The basic tools for analyzing macroeconomic fluctuations and policies, applied to concrete issues and presented within an integrated New Keynesian framework. This textbook presents the basic tools for analyzing macroeconomic fluctuations and policies and applies them to contemporary issues. It employs a unified New Keynesian framework for understanding business cycles, major crises, and macroeconomic policies, introducing students to the approach most often used in academic macroeconomic analysis and by central banks and international institutions. The book addresses such topics as how recessions and crises spread; what instruments central banks and governments have to stimulate activity when private demand is weak; and what “unconventional” macroeconomic policies might work when conventional monetary policy loses its effectiveness (as has happened in many countries in the aftermath of the Great Recession.). The text introduces the foundations of modern business cycle theory through the notions of aggregate demand and aggregate supply, and then applies the theory to the study of regular business-cycle fluctuations in output, inflation, and employment. It considers conventional monetary and fiscal policies aimed at stabilizing the business cycle, and examines unconventional macroeconomic policies, including forward guidance and quantitative easing, in situations of “liquidity trap”—deep crises in which conventional policies are either ineffective or have very different effects than in normal time. This book is the first to use the New Keynesian framework at the advanced undergraduate level, connecting undergraduate learning not only with the more advanced tools taught at the graduate level but also with the large body of policy-oriented research in academic journals. End-of-chapter problems help students master the materials presented.

Responsible Consumption and Production

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Publisher : Springer
ISBN 13 : 9783319957258
Total Pages : 0 pages
Book Rating : 4.9/5 (572 download)

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Book Synopsis Responsible Consumption and Production by : Walter Leal Filho

Download or read book Responsible Consumption and Production written by Walter Leal Filho and published by Springer. This book was released on 2020-03-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problems related to the process of industrialisation such as biodiversity depletion, climate change and a worsening of health and living conditions, especially but not only in developing countries, intensify. Therefore, there is an increasing need to search for integrated solutions to make development more sustainable. The United Nations has acknowledged the problem and approved the “2030 Agenda for Sustainable Development”. On 1st January 2016, the 17 Sustainable Development Goals (SDGs) of the Agenda officially came into force. These goals cover the three dimensions of sustainable development: economic growth, social inclusion and environmental protection. The Encyclopedia of the UN Sustainable Development Goals comprehensively addresses the SDGs in an integrated way. It encompasses 17 volumes, each one devoted to one of the 17 SDGs. This volume addresses SDG 12, namely "Ensure sustainable consumption and production patterns" and contains the description of a range of terms, which allows a better understanding and fosters knowledge. Concretely, the defined targets are: Implement the 10-Year Framework of Programmes on Sustainable Consumption and Production Patterns, all countries taking action, with developed countries taking the lead, taking into account the development and capabilities of developing countries Achieve the sustainable management and efficient use of natural resources Halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses Achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to air, water and soil in order to minimize their adverse impacts on human health and the environment Substantially reduce waste generation through prevention, reduction, recycling and reuse Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle Promote public procurement practices that are sustainable, in accordance with national policies and priorities Ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature Support developing countries to strengthen their scientific and technological capacity to move towards more sustainable patterns of consumption and production Develop and implement tools to monitor sustainable development impacts for sustainable tourism that creates jobs and promotes local culture and products Rationalize inefficient fossil-fuel subsidies that encourage wasteful consumption by removing market distortions, in accordance with national circumstances, including by restructuring taxation and phasing out those harmful subsidies, where they exist, to reflect their environmental impacts, taking fully into account the specific needs and conditions of developing countries and minimizing the possible adverse impacts on their development in a manner that protects the poor and the affected communities Editorial Board Medani P. Bhandari, Luciana Londero Brandli, Morgane M. C. Fritz, Ulla A. Saari, Leonardo L. Sta Romana

Financial Crises Explanations, Types, and Implications

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Publisher : International Monetary Fund
ISBN 13 : 1475561008
Total Pages : 66 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Financial Crises Explanations, Types, and Implications by : Mr.Stijn Claessens

Download or read book Financial Crises Explanations, Types, and Implications written by Mr.Stijn Claessens and published by International Monetary Fund. This book was released on 2013-01-30 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.

International Macroeconomics in the Wake of the Global Financial Crisis

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Publisher : Springer
ISBN 13 : 3319790757
Total Pages : 298 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis International Macroeconomics in the Wake of the Global Financial Crisis by : Laurent Ferrara

Download or read book International Macroeconomics in the Wake of the Global Financial Crisis written by Laurent Ferrara and published by Springer. This book was released on 2018-06-13 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Contemporary and Emerging Issues in Trade Theory and Policy

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Publisher : Emerald Group Publishing
ISBN 13 : 0444531904
Total Pages : 478 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Contemporary and Emerging Issues in Trade Theory and Policy by : Hamid Beladi

Download or read book Contemporary and Emerging Issues in Trade Theory and Policy written by Hamid Beladi and published by Emerald Group Publishing. This book was released on 2008-06-02 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of the "Frontiers in Economics & Globalization" series, this book deals with a range of trade and development issues in terms of the general equilibrium structure. It shows how neo-classical models of trade theory can be used to highlight many challenging global problems.

International Trade and Distortions in Factor Markets

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis International Trade and Distortions in Factor Markets by : Stephen P. Magee

Download or read book International Trade and Distortions in Factor Markets written by Stephen P. Magee and published by . This book was released on 1976 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy

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Publisher : DIANE Publishing
ISBN 13 : 1437900607
Total Pages : 42 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy by : Thomas Hertel

Download or read book Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy written by Thomas Hertel and published by DIANE Publishing. This book was released on 2008-05 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.

New Directions in the World Economy

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Publisher : Springer
ISBN 13 : 1349105880
Total Pages : 416 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis New Directions in the World Economy by : Bela Balassa

Download or read book New Directions in the World Economy written by Bela Balassa and published by Springer. This book was released on 1989-06-18 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: An attempt to assist policy-makers in developing countries to cope with the challenges they face during the rest of the century and beyond. For this purpose it provides information on the experience of developing, developed and socialist countries.

How Much Do Distortions Affect Growth?

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4./5 ( download)

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Book Synopsis How Much Do Distortions Affect Growth? by : William Russell Easterly

Download or read book How Much Do Distortions Affect Growth? written by William Russell Easterly and published by World Bank Publications. This book was released on 1993 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the traditional view that distortions of relative prices have modest effects, Easterly finds that distortions can greatly affect growth and welfare.