Reswitching of Techniques in an Intertemporal Equilibrium Model with Overlapping Generations

2007 ◽  
Vol 26 (1) ◽  
pp. 43-59 ◽  
Author(s):  
S. M. Fratini
1996 ◽  
Vol 28 (1) ◽  
pp. 135-147 ◽  
Author(s):  
Stephen Fuller ◽  
Melanie Gillis ◽  
Houshmand A. Ziari

AbstractA spatial, intertemporal equilibrium model of the North American dry onion economy is constructed to analyze the impact of liberalized U.S.-Mexico trade. In a free-trade environment, exports of Mexican onions to the U.S. are projected to increase about 50%, while Mexico's share of the U.S. market increases from 8.7 to 12.8%. Farm-level prices in the U.S. are projected to decline 8.9%, while production declines 2.4%. The effect of free trade on U.S. producers is disproportional across regions. Northwest storage onion producers experience the greatest decline in production; however, analysis suggests that improved storage methods may offset a portion of the unfavorable impacts of liberalized trade on these producers. In spite of the unfavorable impact of free trade on U.S. dry onion producers, the industry would not be economically devastated.


2019 ◽  
Vol 2 (1) ◽  
Author(s):  
TCHOUSSO Adamou

The purpose of this article is to analyze the effectiveness of a pollution management system through individual permits that are distributed to young people with overlapping generations. From a general equilibrium model, the results show that such a system provides the conditions for optimal pollution management. But because of the non-cooperative behavior of the actors, this policy cannot institute intergenerational altruism. Incentives such as tax or subsidy are needed to get the receiving population to better choose between the physical good whose production satisfies their needs and the quality of the environment that depends on their option to sell the permits to firms or the future generation.


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