Applying Weak and Invalid Instruments Tests to Intertemporal Equilibrium Model

2021 ◽  
Vol 23 (1) ◽  
pp. 139-174
Author(s):  
Byungwoo Kim
Keyword(s):  
Equilibrium Model ◽  
Invalid Instruments ◽  
Intertemporal Equilibrium

scholarly journals Effect of Liberalized U.S.-Mexico Dry Onion Trade: A Spatial and Intertemporal Equilibrium Analysis

1996 ◽  
Vol 28 (1) ◽  
pp. 135-147 ◽  
Author(s):  
Stephen Fuller ◽  
Melanie Gillis ◽  
Houshmand A. Ziari
Keyword(s):  
Free Trade ◽  
North American ◽  
Equilibrium Model ◽  
Equilibrium Analysis ◽  
Farm Level ◽  
The North ◽  
Storage Methods ◽  
Intertemporal Equilibrium ◽  
The Impact ◽  
The U.S

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.

scholarly journals Business Formation and Aggregate Investment

2001 ◽  
Vol 2 (1) ◽  
pp. 31-55 ◽  
Author(s):  
Christian Keuschnigg
Keyword(s):  
Equilibrium Model ◽  
Monopolistic Competition ◽  
Investment Decisions ◽  
Extensive Form ◽  
Investment Promotion ◽  
Investment Tax Credit ◽  
Start Up ◽  
Vintage Capital ◽  
Aggregate Investment ◽  
Intertemporal Equilibrium

Abstract The paper proposes an intertemporal equilibrium model of vintage capital and monopolistic competition. Reflecting a tradeoff between the number and capacity of new machines, investment may be extensive or intensive. External gains from specialization and rationalization result in distorted investment decisions. The paper compares the effectiveness of a general investment tax credit with a start-up subsidy that shifts the direction of investment towards a more extensive form. An optimal policy of investment promotion is derived.

An application of the punctuated equilibrium model to team processes

2010 ◽  
Author(s):  
Christopher K. Adair ◽  
Suzanne T. Bell ◽  
Brian J. Marentette ◽  
David Fisher ◽  
David Gerding
Keyword(s):  
Equilibrium Model ◽  
Punctuated Equilibrium ◽  
Team Processes
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