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This paper sets forth a procedure for calculating the annual efficiency gains from alternative changes in existing international immigration restrictions and evaluates the impact of wage rate changes on nonmigrating labor. Data on US gross national product (GNP)/capita across countries are used to infer differences in the marginal productivity both between(More)
We compute the world-wide efficiency gains from the elimination of global restrictions on labour mobility using a multiregional CGE model. A distinctive feature of our analysis is the introduction of a segmented labour market, as two types of labour are considered: skilled and unskilled. According to our results, when labour is a homogeneous factor, the(More)
Previous empirical work on the determinants of preferential trade agreement (PTA) membership assumes a country’s PTA participation to leave other countries’ willingness to participate unaffected. More precisely, the presumption is that new PTAs do neither influence the formation of other new PTAs in the future nor do they affect the subsequent enlargement(More)
This paper explores the use of structural models as an alternative to reduced form methods when decomposing observed joint trade and technology driven wage changes into components attributable to each source. Conventional mobile factors Heckscher-Ohlin models typically reveal problems of specialisation unless price changes accompanying trade shocks are(More)
HE Uruguay Round has extended the scope of GATT multilateral trade negotiations well beyond the tariffs that had occupied most previous negotiations.’ In addition to various non tariff barriers (which had also been dealt with to a degree in the Tokyo Round, as discussed in Deardorff and Stern 1983 and 1986), the Uruguay Round dealt with issues of trade in(More)