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This article introduces discourse analysis as a theoretical concept and an empirical methodology that may enable the endogenization of path creation and path breaking changes in conventional models of political path dependencies. Economic criteria such as rents created by a policy do not always...
Persistent link: https://www.econbiz.de/10005483623
Due to the complexity of general and partial equilibrium models, conventional sensitivity analysis, qualitative reviews or literature-based meta-analyses do not allow for detailed assessments of the role of individual parameters and policy shocks across different models. Therefore, the partial...
Persistent link: https://www.econbiz.de/10005039402
Model-based simulation of welfare effects is commonly used to make a case for trade liberalisation and to inform participants and stakeholders in trade negotiations. However, the simulated welfare effects of trade liberalisation vary greatly, even across studies that model similar liberalisation...
Persistent link: https://www.econbiz.de/10005686448