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A Comprehensive Analysis of Economic Community in East Asia: Japan's Leadership in the Regional Development on both Economic and Financial Sides

Kitagawa, Masaomi - EconWPA - 2005

East Asian nations are currently undertaking the future development of an economic community by creating a viable framework for closer cooperation and deeper integration. However, the intractable problem is that there are a lot of diversities and heterogeneity that have prevented the East Asian...

Persistent link: https://www.econbiz.de/10005408050

Chinese Regionalism

Killion, M. Ulric - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005062634

Solving, Estimating and Selecting Nonlinear Dynamic Economic Models without the Curse of Dimensionality

Winschel, Viktor - EconWPA - 2005

A welfare analysis of a risky policy is impossible within a linear or linearized model and its certainty equivalence property. The presented algorithms are designed as a toolbox for a general model class. The computational challenges are considerable and I concentrate on the numerics and...

Persistent link: https://www.econbiz.de/10005556708

A Discussion on Armington Trade Substitution Elasticities

McDaniel, Christine A.; Balistreri, Edward J. - EconWPA - 2003

Applied partial and general equilibrium models used to examine trade policy are almost universally sensitive to trade elasticities. Indeed, the Armington elasticity, the degree of substitution between domestic and imported goods, is a key behavioral parameter that drives the quantitative, and...

Persistent link: https://www.econbiz.de/10005134572

Does a free trade area favors an optimum currency area? The Case of Morocco and the European Union

ACHY, Lahcen; Milgram, Juliette - EconWPA - 2005

the Euro seems à priori, to be an appropriate policy option. This option may even be strengthened within the FTA. However … Morocco and focuses on three main issues. The first issue is to investigate the potential effects of the FTA on trade … macroeconomic and sectoral effects of the implementation of the FTA on industrial sector. The second issue is to estimate the real …

Persistent link: https://www.econbiz.de/10005062594

"Trade Liberalization and Pollution Intensive Industries in Developing Countries: A Partial Equilibrium Approach."

Ackerman, Frank; Gallagher, Kevin - EconWPA - 2001

Economic theory suggests that liberalization of trade between countries with differing levels of environmental protection could lead pollution- intensive industry to concentrate in the nations where regulations are lax. This effect, often referred to as the “pollution haven” hypothesis, is...

Persistent link: https://www.econbiz.de/10005556494

Trade Liberalization and Employment in the Moroccan Manufacturing Sector

ACHY, Lahcen; SEKKAT, Khalid - EconWPA - 2005

This paper uses firm level data to investigate the impact of trade liberalization on manufacturing sector employment in Morocco. This paper extends the existing research in various dimensions. First, it analyses the effect of trade openness on different skill levels of the manufacturing labor...

Persistent link: https://www.econbiz.de/10005408010

Comment on “Trade, Growth, and Poverty--A Selective Survey,” by Andrew Berg and Anne Krueger, and “Doha and the World Poverty Targets,” by L. Alan Winters

Nogues, Julio J. - EconWPA - 2005

Andrew Berg and Anne Krueger present a review of an abundant literature, showing that there is a link between trade liberalization and poverty reduction that works mainly through the growth-inducing effects of trade. The existence of this link, therefore, becomes an important argument for...

Persistent link: https://www.econbiz.de/10005119331

Trade Taxes Are Expensive

Erbil, Can - EconWPA - 2004

This paper examines the welfare implications of trade reforms in the presence of a government budget constraint. There is consensus about gains from opening up to trade. The less investigated question is, whether a coordinated tax reform, where the tariff revenue cuts are compensated with...

Persistent link: https://www.econbiz.de/10005556490

Trade, product variety and welfare: A quantitative assessment for the transition economies in Central and Eastern Europe

Funke, Michael; Ruhwedel, Ralf - EconWPA - 2004

We calculate welfare gains of trade liberalization in the Central and East European transition economies, following the approach of Romer (1994), who emphasized that proper modeling of the impact of trade restrictions on the number of available product varieties is crucial to quantifying the...

Persistent link: https://www.econbiz.de/10005561124

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