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  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Public choice 88 (1996), S. 43-56 
    ISSN: 1573-7101
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Strategic Agricultural Trade Policy Interdependence is modeled using a game theoretic framework. The model distinguishes between the European Community, the United States and a politically passive rest-of-the-world. Particular emphasis is placed on the effect of the exchange rate on the equilibrium outcome of this game. Without compensatory payments to those with the highest political influence, the results suggest that only modest reform is possible. With compensation, liberalization occurs but free trade is not obtained. Simulations also indicate that the U.S. gains incentive to reduce protection given a depreciation of the dollar, while incentive to liberalize trade policies decreases as the dollar appreciates. Research was supported by Minnesota Agricultural Experiment Station project 14065 “Economic Integration and Disintegration in Europe: Implications for U.S. Agriculture.”
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Springer
    Journal of productivity analysis 8 (1997), S. 293-310 
    ISSN: 1573-0441
    Keywords: growth ; USagriculture ; externalities ; spill-overs ; public R and D
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Growth in U.S. agriculture is linked to the non-farm economy through domestic terms of trade and factor market adjustments. With almost stable input growth, the relatively large contributions from growth in Total Factor Productivity (TFP) are passed on to intermediate and final consumers in the form of declining real prices for primary farm products. The resulting net growth in the real value of farm output (GDP) is relatively low (0.25% per annum). The decomposition of TFP suggests that public agricultural stock of knowledge and infrastructure are “robustly” associated with TFP growth, while spill-overs from private agricultural and economy wide research and development (R and D) are positive but, relatively small.
    Type of Medium: Electronic Resource
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  • 3
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    Unknown
    Bern: University of Bern, Department of Economics
    Publication Date: 2019-01-23
    Description: The closed economy neoclassical model predicts lung-run convergence in per-capita income. We show, within a neoclassical framework, that international trade among two countries differing only in their initial capital endowment generates long-run income differences. Our results suggests that trade creates opposite incentives to accumulate capital. Transitionally, the returns to investment with trade are smaller for countries initially less endowed with capital as when compared to their autarchic situation, while the reverse happens for those countries most endowed with capital. Thus, countries starting with relatively less (more) capital end, in the long run, with less (more) capital than in autarchy.
    Keywords: O41 ; F43 ; F11 ; ddc:330 ; International trade ; Development ; Multiple Equilibria ; Faktorproportionentheorem ; Pfadabhängigkeit ; Zwei-Länder-Modell ; Dynamisches Modell ; Offene Volkswirtschaft ; Neoklassik ; Theorie
    Language: English
    Type: doc-type:workingPaper
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  • 4
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    Unknown
    New Haven, CT: Yale University, Economic Growth Center
    Publication Date: 2017-05-30
    Keywords: ddc:330 ; Landwirtschaft ; Rentabilität
    Language: English
    Type: doc-type:workingPaper
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