...Dionysios Karavidas Purpose With the use of a two-region monopolistically competitive model, the paper primarly studies how unilateral changes in a country's intra-regional and/or inter-national transport costs affect its own and its trading partner's welfare. Moreover, by considering a three...

... and the interpretation of the estimates currently available lacks theoretical foundation. The purpose of this paper is to provide a unified view of the meaning and relationship between the various dimensions of the welfare cost of crime and violence available in the literature. Design/methodology/approach...

...Dennis Wesselbaum Purpose – The purpose of this paper is to compare two elements of lay-off costs in a dynamic model of the labor market and analyze the differences for business cycle dynamics and welfare. Design/methodology/approach – The paper builds a general equilibrium Real Business...

... will be a precondition for improving the economic welfare of the population. We are hopeful that future tinkering with the model will lead to a more sophisticated understanding of how industries contribute to economic growth and increase economic welfare of the local population. Equation 1 Equation...

...David Evans Purpose The British government takes equity issues formally into account in its appraisal of social projects and policies. However, evidence on which the measured distributional welfare weights are based is neither broad enough nor sufficiently reliable. This paper seeks to address...

...Haluk Sezer Purpose This paper aims to estimate a set of welfare weights for Turkey, based on per capita regional incomes, and to present them for possible policy consideration by the government. Design/methodology/approach An important component of the regional welfare weight measure...

.... Economic doctrines Welfare Economics Firstly, let us take a look at the social question: the social question and pauperism are two concepts which provide a lot of information about the social situation, the situation of the workers and development of incomes in the nineteenth century. While...

...Renee Prendergast This paper is an attempt to understand how Amartya Sen's thinking on development and freedom has evolved from his critique of welfare economics and his concern with underdevelopment and poverty. It is argued that Sen has done a great deal to rescue welfare economics from...

... Limited 2003 Privatization Costs Welfare Slovakia It is not new if we affirm that privatisation and especially mass privatisation is a necessity for the transition of formerly centrally planned economies of Central and Eastern Europe. Privatisation entails the sale or transfer...

...Anthony Clunies‐Ross Bruno S.   Frey and Alois   Stutzer . Happiness and Economics: How the Economy and Institutions Affect Human Well‐being . Princeton, NJ and Oxford : Princeton University Press   2002 . © MCB UP Limited 2002 --> Welfare Behavioural...

...Marco Haan; Hans Maks Proposes a model which shows that Stackelberg competition is not necessarily welfare‐ enhancing compared with Cournot competition. Shows that, although in a simple duopoly model prices in a Stackelberg equilibrium are lower than in a Cournot equilibrium...

...Mary E. Lovely; Douglas Nelson Analyses smuggling through legal entry points in the context of a Ricardo‐Viner (RV) economy. Posits that smuggling will improve welfare if the benefits of a reduced domestic price distortion exceed the resource cost of smuggling. Strengthening of anti‐smuggling...

...Hugh M. Arce; Kenneth A. Reinert A recurrent concern of researchers who measure the cost of protection is that welfare estimates based on models with highly aggregated sectors of the economy in question will understate the true cost of protection if the tariff system is not uniform. Uses the 1988...

...Pablo E. Guidotti; William H. Kaempfer; Alexander M. Pietruska; Leonard F.S. Wang Recent studies on the welfare implications of internationally mobile capital for a country employing commercial policy have been restricted to constant‐returns‐to‐scale (CRS) production models. It is generally...

...Hamid Beladi; Subarna K. Samanta This article analyses the welfare implications of the customs unions in the presence of multinational corporations for a less than fully employed small open economy. The traditional two‐sector model,with a specific factor for the multinational corporation...

... of Interpersonal Comparisons of Utility by Stavros A. Drakopoulos University of Glasgow, Scotland Interpersonal Comparisons of Utility 35 The issue of interpersonal comparisons of utility is about the possibility (or not) of comparing the utility or welfare or the mental states in general of different individuals...