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Book
Evaluating Labour Adjustment Costs from Trade Shocks: Illustrations for the U.S. Economy Using an Applied General Equilibrium Model With Transactions
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Year: 1994 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Evaluating labour adjustment costs from trade shocks: illustrations for the US economy using an applied general equilibrium model with transactions costs
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Year: 1994 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Asian regionalism and its effects on trade in the 1980s and 1990s
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Year: 2002 Publisher: Manila: Asian development bank,

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Asian regionalism and its effects on trade in the 1980s and 1990s
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Year: 2002 Publisher: Manila Asian development bank

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Book
Symposium on developing countries and applied general equilibrium, November 15, 1985
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ISBN: 0771407203 Year: 1985 Publisher: London University of Western Ontario. Department of economics

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Digital
The Philippine economy : no longer the East Asian exception?
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ISBN: 9789814786621 Year: 2019 Publisher: Singapore ISEAS-Yusof Ishak Institute

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Philippines


Book
The Philippine economy : no longer the East Asian exception?
Authors: --- --- ---
ISBN: 9814786624 9814786500 Year: 2019 Publisher: Singapore : ISEAS-Yusof Ishak Institute,

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In this volume, a leading group of scholars pose the question, has the Philippine economy rejoined the dynamic East Asian mainstream and, if so, what set of policies and priorities are required to maintain the strong economic momentum of recent years? Successive chapters address issues related to growth and poverty, infrastructure and urbanization, education, health, the environment, energy, development finance, and governance and institutions. This volume has been written with a broad audience in mind. First and foremost it is for readers in, and interested in, this fascinating and important country with a population that now exceeds 100 million people. Second, it will appeal to those in the broader development community with an interest in the analytical and policy challenges that democratic, middle-income countries face as they struggle to lift their citizens out of poverty and to achieve broad-based and environmentally sustainable growth.


Book
Evaluating Labour Adjustment Costs from Trade Shocks : Illustrations for the U.S. Economy Using an Applied General Equilibrium Model With Transactions
Authors: --- --- ---
Year: 1994 Publisher: Cambridge, Mass. National Bureau of Economic Research

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This paper presents a general equilibrium approach to calculating labour adjustment costs induced by trade policy changes or external sector shocks, which we illustrate by analyzing the adjustment consequences of eliminating quotas and tariffs on U.S. imports. In our approach, factor adjustments in the presence of transactions costs are endogenously determined within the equilibrium structure. The conventional way of calculating such labour adjustment costs is to use full equilibrium models which exclude adjustment costs, and apply exogenous estimates of duration of unemployment to implied intersectoral labour reallocations. By using an equilibrium model in which adjustment costs are absent, the conventional approach tends to overstate the amount of labour that moves to other sectors and hence introduces an upward bias to estimates of adjustment costs. As well, such an approach tends to ignore the impact on intersectoral wage rates. Our results suggest that concerns over adjustment problems should focus as much on the consequences of adjustment costs in impeding factor mobility, as on the magnitude of the adjustment costs themselves. Compared to the redistributive effects they induce by inhibiting labour movement in response to policy or other changes, these costs may be small.


Book
U.S. Agriculture and Third World Development
Authors: --- --- --- --- --- et al.
ISBN: 9781685858896 Year: 2023 Publisher: Boulder

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The Philippine Economy

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In this volume, a leading group of scholars pose the question, has the Philippine economy rejoined the dynamic East Asian mainstream and, if so, what set of policies and priorities are required to maintain the strong economic momentum of recent years? Successive chapters address issues related to growth and poverty, infrastructure and urbanization, education, health, the environment, energy, development finance, and governance and institutions.

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