The computable general equilibrium analysis of the reduction in tariffs and non-tariff measures within the Korea-Japan-European Union free trade agreement

The trilateral Korea-Japan-EU FTA with the removal of tariffs can contribute to the increase GDPs of Korea, Japan, and the EU. The reduction of NTMs gives more benefits from the Korea-Japan-EU FTA. In particular, trilateral Korea-Japan-EU FTA with the reduction of both import tariffs and NTMs can give the larger increases in Korea, Japan and the EU’s GDPs, exports, and imports. Furthermore, the Korea-Japan-EU FTA also provides the positive welfare effects to all participating countries such as Korea, Japan the EU. And it can also contribute to increase the whole world’s welfare level. Thus, the Korea-Japan-EU FTA will be a win-win FTA strategy not only to Korea, Japan, and EU but also to the global world.     

Specialisation versus diversification: A simple model for tourist cities

By developing a simple general equilibrium structure, this paper compares the welfare effects of tourism specialisation and economic diversification in tourist cities. We discovered that tourist cities with limited carrying capacity easily suffer from side effects, particularly Dutch disease, when faced with rapid tourism growth. Therefore, such cities should actively use revenue that is generated from the booming tourism sector to pursue economic diversification for the sake of sustainable urban development.     

Assessing editorial preferences towards Industrial Organization articles

In light of widespread specialization of research and teaching, it seems appropriate to supplement the existing general rankings of economics journals with subdiscipline-specific rankings. That is the primary objective of this paper. The availability of subdiscipline-specific rankings also permits both (i) alternative journal ranking methods for the general discipline that account for the breadth of a journal's impact across specialized fields, and (ii) estimation of the relative weights implicitly associated with each field in traditional disciplinary journal rankings. The results are robust to the exclusion of self-citations.     

Existence of marginal pricing equilibria in economies with externalities and non-convexities

We consider a general equilibrium model with externalities and non-convexities in production. The consumption sets, the preferences of the consumers and the production possibilities are represented by set-valued mappings to take into account possibility of external effects. There is no convexity assumption on the correspondences of production. We propose a definition of the marginal pricing rule, which generalizes the one used in the model without externality and, which satisfies a continuity assumption with respect to the external effect.We prove the existence of general equilibria under assumptions which allow us to encompass together the works on economies with externalities and convex conditional production sets, and those on marginal pricing equilibria in economies without externalities. We provide examples to illustrate the definition of the marginal pricing rule and to show the difference with the standard case.     

多维邻近性与创新:西方研究回顾与展望

近年来,多维邻近性与创新的论题引起了西方学术界的热切关注.相关研究虽已取得重大进展,但整体上尚处于探索阶段.在梳理相关研究成果的基础上,试图从法国邻近动力学派和其他邻近学派两个视角探析邻近性对创新的影响机理,以期通过厘清主要学派的研究脉络、主要观点及未来研究方向,为推进学术界对于邻近性与创新论题的深入探究做些努力.     

The New Institutional Economics

Current English policy towards general practice is ambivalent between developing new forms of contractual governance and constructing more hierarchically organized bodies. NHS policy documents say that Primary Care Trusts (PCTs) will contract some primary care services and directly manage others. Depending on the balance, PCTs could either organize general practice through practice-based contracts or start developing into hierarchies (albeit with some subcontractors for the time being).

New Institutional Economics, in particular Williamson's version, defines conditions where hierarchies are likely to be more efficient than markets (in terms of what welfare economics recognizes as allocative efficiency) and conditions where the reverse holds. This article considers the implications of the New Institutional Economics (NIE) for redesigning the governance of publicly financed services such as general practice which allow direct public access, in which it is difficult to define and manage service quality, and which have a professionalized but fragmented workforce. In contrast to their alleged implications for the hospital sector during the 1990s, NIE theories imply that for publicly funded professional services such as general practice there are stronger economic arguments for constructing hierarchies than for reconstructing quasi-markets at local level.     

对我国高校通识教育现状的几点思考

近年来，“通识教育”无疑是我国高等教育界使用频率最高的词汇之一。但令人不得不关注的是，通识教育在我国高校的推行并非一帆风顺，许多理论与实践上的问题仍然有待解决。     

Moving toward the EU or the Middle East? An assessment of alternative Turkish foreign policies utilizing the GTAP framework

This paper assesses the new orientation in Turkish foreign policy towards the Arab world by analyzing the potential impact of Turkey’s membership in either the European Union (EU) or the Greater Arab Free Trade Area (GAFTA). We utilize the most recent version of the Global Trade Analysis Project (GTAP) database, its global Computable General Equilibrium (CGE) model, and the gravity border effect approach to estimate the ad-valorem tariff equivalents (AVEs) of non-tariff barriers (NTBs). In our overall analysis, we account for 24 various sectors. However, in our evaluation, we focus primarily on the food and agricultural sectors because this sector is characterized by high tariff and non-tariff protection. In the CGE simulation analysis, we consider the removal of tariffs and NTBs simultaneously. After projecting the GTAP framework to 2020, we conclude that Turkey would gain unambiguously from EU membership, whereas Turkey’s gains from GAFTA membership would be more limited. The paper also presents that the welfare gains from the removal of NTBs are of considerable importance and would generally be greater than the gains stemming from the elimination of import tariffs.     

The marginal pricing rule revisited

The purpose of the paper is to introduce a tighter definition for the marginal (cost) pricing rule. By means of an example, we illustrate the improvements that one gets with the new definition with respect to the former one using Clarke’s normal cone, and we discuss its consequences in terms of the existence of equilibria.