نتایج جستجو برای: ricardian model

تعداد نتایج: 2104499  

2004
Torben M. Andersen Allan Sørensen

International integration strengthening intra-industrial trade may have important implications for employment, wages and inequality. The reason is that product market integration enhances export possibilities through easier access to foreign markets, but also import threats arising from foreign firms entering the domestic market. We explore the implications of these mechanisms in a genereal equ...

2017
Thomas Sampson

This paper studies the origins of Ricardian comparative advantage. I develop an endogenous growth model where productivity differences across firms and countries emerge from R&D investment by incumbent firms with heterogeneous R&D capabilities. Less productive firms have an advantage of backwardness and spillovers depend upon the productivity frontier in each country. The theory characterizes h...

2017
Yumi Koh Gea M. Lee

The WTO’s SCM Agreement contained a safe harbor for R&D subsidies from 1995 to 1999, but reclassified R&D subsidies as actionable since 2000. We theoretically analyze the basis for regulating R&D subsidies and empirically assess whether the SCM Agreement has had any impact on government’s support for R&D subsidies. We modify and develop a Ricardian trade model in which R&D subsidies can be desi...

2004
Henry Wan

This paper applies the Jones Kierzkowski model to the contract manufacturing service industry. Stylized facts of that industry imply a theory of non-convex general equilibrium. The cost structure combines a constant marginal cost and a positive fixed cost; Marshalian free entry free exit prevails. This implies a distinct market structure (which is nether perfect nor monopolistic competition, no...

2006
Michele DI MAIO Marco VALENTE Michele Di Maio Marco Valente

We present a novel argument demonstrating that when trade is characterized by uncertainty the comparative advantages doctrine is misleading and a positive level of diversification is growth enhancing. Applying a result developed in the mathematical biological literature, we show that, in Ricardian trade model in which capital available for investment depends on previous periods returns, incompl...

2005
Robert P. Rebelein

This paper presents an overlapping generations model in which children seek to manipulate the size of the end-of-life bequest they receive from the parent. I first use numerical simulations to show this intergenerational strategic behavior does not negate the debt neutrality assertions of Ricardian equivalence. Then, by introducing capital gains and inheritance taxes, I show the crowding out ef...

2014
Michele Di Maio Marco Valente

We present a novel argument demonstrating that when trade is characterized by uncertainty the comparative advantages doctrine is misleading and a positive level of diversification is growth enhancing. Applying a result developed in the mathematical biological literature, we show that, in Ricardian trade model in which capital available for investment depends on previous periods returns, incompl...

2007
Antonio M. Bento Mark Jacobsen

Recent studies on the so-called double dividend hypothesis find that environmental tax swaps exacerbate the costs of the tax system and therefore do not produce a double dividend. We extend these models by incorporating a fixed-factor in the production of the polluting good and, therefore, allowing Ricardian rents to be generated in the economy. In this setting, an environmental tax reform with...

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