Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 5 of 5
Full-Text Articles in Entire DC Network
Three Essays On Trade Policy And Factor Mobility, Baishali Majumdar
Three Essays On Trade Policy And Factor Mobility, Baishali Majumdar
Graduate Theses, Dissertations, and Problem Reports
This dissertation consists of three essays on trade policy and factor mobility. The first essay of the dissertation deals with issues on trade policy. It focuses on the possibility of recipient immiserization under optimal export taxation in a multi-country framework. We find asymmetry between two nations is very crucial for recipient immiserization. The interesting finding is that being more aggressive in taxation is a disadvantage in gaining from receipts of transfers. The larger exporter exercises more market power and is also more vulnerable to the adverse welfare effects of transfer.;The second and third essays explore the issues of trade policy …
Quantifying The Impact Of The Wto On Kuwait, Reyadh Y. Faras
Quantifying The Impact Of The Wto On Kuwait, Reyadh Y. Faras
Graduate Theses, Dissertations, and Problem Reports
The major contribution of this study is to quantify the economic impact of Kuwait's membership in the World Trade Organization (WTO) on supply, demand, welfare and terms of trade. A general equilibrium international trade model is used to obtain quantitative results. The model is theoretically static and based on the assumptions of perfect competition and constant returns to scale. However, it was estimated and simulated dynamically.;After specifying the model theoretically it is estimated empirically by linearizing the supply and demand equations that were obtained from solving the model analytically. The estimated model is used in a number of simulation exercises …
Three Essays On Data Contaminants, Outliers And Macroeconomic Time Series, Joseph Michael Palardy
Three Essays On Data Contaminants, Outliers And Macroeconomic Time Series, Joseph Michael Palardy
Graduate Theses, Dissertations, and Problem Reports
This thesis illustrates the effects of outliers on forecasting and on simulated general equilibrium models. The first essay demonstrates that using robust-estimation techniques may greatly improve long-run autoregressive forecasts if the model to be estimated is generated from a heavy-tailed distribution. The second essay continues with a similar theme. It shows that in the context of random contamination models, automatic autoregressive selection criteria may be severely inaccurate. If the estimated model is misspecified, forecasting accuracy may be considerably reduced. Once again, robust-estimation techniques limit the influence of the aberrant data---in this case from the contaminating distribution. The third essay demonstrates …
Essays In International Asset Pricing, Hong Wu
Essays In International Asset Pricing, Hong Wu
Graduate Theses, Dissertations, and Problem Reports
This dissertation attempts to assess the ability of various international asset pricing models in explaining asset returns across countries. The Introduction discusses the links between the chapters, the contributions I make and states what I have learned from the dissertation. Chapter 1 of the dissertation derives (in a discrete time framework to facilitate the transition from theory to empirical analysis) a consumption based capital asset pricing model with the added feature of a "keeping up with the Joneses" utility function and applies it in an international context to explain return differences across countries. Relying on the Lucas (1978) asset pricing …
Three Empirical Essays On Environmental Regulations, Strategic Interaction, And Regional Trade Agreements, Paavo Eliste
Three Empirical Essays On Environmental Regulations, Strategic Interaction, And Regional Trade Agreements, Paavo Eliste
Graduate Theses, Dissertations, and Problem Reports
This dissertation will focus on the relationship between trade and the environment. We will analyze this from three angles. First, we explore the effect of trade liberalization on a country's environmental regulations at global level. Secondly, we focus on trade and political integration process at the regional level and how it affects block members environmental policies. Thirdly, we analyze whether polluting producers are compensated for environmental policies at the national level.;The analysis will focus on environmental regulations in the agricultural sector. We use spatial econometrics techniques to analyze policy outcomes, which are dependent on trade or political interactions between countries …