This paper analyzes the consequences of unilateral climate policy in the presence of directed technical change. We develop a dynamic two-country model in which two otherwise identical countries differ in their environmental ...
The increase in carbon dioxide emissions by some countries in reaction to an emission reduction by countries with climate policy (carbon leakage) is seen as a serious threat to unilateral climate policy. Using a two-country ...
Using a stylized theoretical model, we argue that current economic analyses of climate policy tend to over-estimate the degree of carbon leakage, as they abstract from the effects of induced technological change. We analyse ...
Neary, J. Peter(University College Dublin. School of Economics, 2001-06-05)
I briefly review the empirical evidence in the trade and wages debate, which overwhelmingly rejects the Heckscher-Ohlin explanation for recent increases in OECD skill premia. I then argue that the same evidence is also ...
Neary, J. Peter(University College Dublin. School of Economics, 2002-08)
I explore the interactions between comparative, competitive and absolute advantage in a two-country model of oligopoly in general equilibrium. Comparative advantage always determines the direction of trade, but both ...
Neary, J. Peter(University College Dublin. Institute for the Study of Social Change (Geary Institute), 2002-07-16)
I explore the interactions between comparative, competitive and absolute advantage in a two-country model of oligopoly in general equilibrium. Comparative advantage always determines the direction of trade, but both ...
Neary, J. Peter(University College Dublin. School of Economics, 1987-04)
This note presents a compact derivation of the determinants of changes in the equilibrium real exchange rate (the inverse of the price index of nontraded goods relative to traded goods), in a small open economy with any ...
In this paper, we investigate techniques for measuring the trade policy equivalent of domestic distortions, using a distance function approach. Our measure, the Trade Restrictiveness Index, is shown to equal the uniform ...
This paper looks at some aspects of trade and investment relations between the EU and the countries of central and eastern Europe (CEEC). The approach used is based on a model of trade with, and development of, a frontier ...
In this paper we look at one aspect of the growth trade relations as between the EU and the CEEC states, which reflects the pattern of trade. We argue that there is some evidence to support the proposition that a facet of ...
This paper uses the introduction of an exchange rate between Ireland and the UK in 1979 as a natural experiment to shed light on the effects of a common currency on the volume of international trade. No evidence is found ...
This paper studies the introduction of an exchange rate between Ireland and the UK in 1979 to shed light on the effects of a common currency on the composition of international trade. No evidence is found from time series ...
This paper endogenises the extent of intra-sectoral competition in a multi-sectoral model of oligopoly in general equilibrium. Firms choose capacity followed by prices. If the benefits of capacity investment in a given ...
Thom, Rodney(University College Dublin. School Of Economics, 2000-04)
This paper analyses the potential of discriminatory EU enlargement to influence these trade flows. In particular, we present evidence to suggest that enlargement to include some, but not all, of the CEEC's may have a greater ...
Neary, J. Peter(University College Dublin. Institute for the Study of Social Change (Geary Institute), 2003-06-10)
This paper reviews progress to date towards a new trade agreement under the Doha
Development Agenda. Some of the key issues in contention are examined, including barriers to trade in agriculture and manufacturing, ...
This paper introduces the concepts of direct and indirect factor trade utility functions and uses them to derive Marshallian and Hicksian factor content functions, which express the quantities of factors embodied in ...
Neary, J. Peter(University College Dublin. School of Economics, 1994-06-16)
This paper develops a two-country model of trade and factor mobility in which capital is sector-specific but internationally mobile. The model avoids the implausible predictions of specialisation in Heckscher-Ohlin models ...
Using a sample of 1154 European firms from 11 countries, we show that firm-level
exchange exposure for Eurozone and non-Eurozone European firms has increased since
the introduction of the euro, but this rise was smaller ...
Walsh, Patrick P.(Suntory and Toyota International Centres for Economics and Related Disciplines, 1991-11)
This paper gives a general framework for analyzing a trade divergence that runs
across both the New International trade theory and the traditional analysis of export policy. The source of the trade divergence, the motive ...