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We study trade policy in a two-sector Krugman-type trade model with home market effects. We allow for three different instruments: tariffs, export taxes and production subsidies. For each instrument, we consider unilateral trade policy without retaliation. ...
A two-country general equilibrium model with large wage setters and conservative monetary authorities is employed to investigate the welfare implications of three international monetary regimes: i) non-cooperative, ii) cooperative, and iii) monetary union. ...
In the past, the problem of semantic interoperability in information systems was mostly solved by means of centralization, both at a system and at a logical level. This approach has been successful to a certain extent, but offers limited scalability and fl ...
The performance of consensus and atomic broadcast algorithms using failure detectors is often affected by a trade-off between the number of communication steps and the number of messages needed to reach a decision. In this paper, we model the performance o ...
The current business environment has become more risky and variable. In particular, the recent terrorist attacks against western economies have revealed the vulnerability of global supply chains. These events showed that companies that move cargo internati ...
On December 11, 2001, the People's Republic of China officially joined the World Trade Organisation (WTO). More than 15 years after it had announced the resumption of its status as a contracting party, the country that had since then become one of the larg ...
Liberalization has caused an increase in the global trade of goods and services. In particular, the value and physical volume of agricultural goods traded have largely increased. As the environmental and social consequences of trade are complex, they are r ...
The present study focuses on the economic, political/institutional, technological, cultural, demographic and environmental drivers of land use change. It aims to understand the factors influencing land use decisions at the household level, in particular th ...
This paper describes a novel approach for obtaining semantic interoperability among data sources in a bottom-up, semiautomatic manner without relying on pre-existing, global semantic models. We assume that large amounts of data exist that have been organiz ...
This paper describes a novel approach for obtaining semantic interoperability among data sources in a bottom-up, semi-automatic manner without relying on pre-existing, global semantic models. We assume that large amounts of data exist that have been organi ...