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UBC Theses and Dissertations
Essays on international trade and factor mobility in the presence of a public input Anwar, Sajid
Abstract
Governments spend large sums of monies on various services provided to both firms and households. However, most open economy studies do not take government spending on industries into account. The present study deals exclusively with government spending on industries. This spending is incorporated into neoclassical production functions in terms of a public input. The purpose of this thesis is three fold: (i) to investigate the impact of terms of- trade changes in a small public input economy;(ii)to explore the international transmission of government spending on public inputs; and (iii) to examine the relationship between government spending on public inputs and the pattern of international trade. The thesis consists of three essays. In a three-period setting, the first essay examines the impact of terms-of-trade changes on the allocation of resources in a small open economy. The private sector of the economy produces two final goods by means of private inputs and a public input. The public input is produced by the public sector. The allocation of resources between the private and public sectors is endogenous and the public input is supplied with a lag of one period. The essay demonstrates that the timing of terms-of-trade changes is critical. The impact of terms-of-trade changes in the presence of labour unemployment is also considered. The second essay develops a two-country, one-good, and two factor general equilibrium model with a pure public input and international factor mobility. International transmission of government spending on a pure public input and the implications of potential international coordination are investigated in the short-run and the long-run. The essay also considers the international transmission of government spending on a pure public input in the context of a three-country model where two countries have formed an economic union. The third essay develops a two-country, two-good, and two factor general equilibrium model with a congestible public input. The model is used to investigate the relationship between government spending on a congestible public input and the pattern of international trade.
Item Metadata
Title |
Essays on international trade and factor mobility in the presence of a public input
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Creator | |
Publisher |
University of British Columbia
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Date Issued |
1992
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Description |
Governments spend large sums of monies on various services
provided to both firms and households. However, most open economy
studies do not take government spending on industries into account.
The present study deals exclusively with government spending on
industries. This spending is incorporated into neoclassical
production functions in terms of a public input. The purpose of
this thesis is three fold: (i) to investigate the impact of terms of-
trade changes in a small public input economy;(ii)to explore
the international transmission of government spending on public
inputs; and (iii) to examine the relationship between government
spending on public inputs and the pattern of international trade.
The thesis consists of three essays. In a three-period
setting, the first essay examines the impact of terms-of-trade
changes on the allocation of resources in a small open economy. The
private sector of the economy produces two final goods by means of
private inputs and a public input. The public input is produced by
the public sector. The allocation of resources between the private
and public sectors is endogenous and the public input is supplied
with a lag of one period. The essay demonstrates that the timing of
terms-of-trade changes is critical. The impact of terms-of-trade
changes in the presence of labour unemployment is also considered.
The second essay develops a two-country, one-good, and two factor
general equilibrium model with a pure public input and
international factor mobility. International transmission of
government spending on a pure public input and the implications of
potential international coordination are investigated in the short-run
and the long-run. The essay also considers the international
transmission of government spending on a pure public input in the
context of a three-country model where two countries have formed an
economic union.
The third essay develops a two-country, two-good, and two factor
general equilibrium model with a congestible public input.
The model is used to investigate the relationship between
government spending on a congestible public input and the pattern
of international trade.
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Extent |
5216654 bytes
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Genre | |
Type | |
File Format |
application/pdf
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Language |
eng
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Date Available |
2008-12-12
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Provider |
Vancouver : University of British Columbia Library
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Rights |
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.
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DOI |
10.14288/1.0086502
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URI | |
Degree | |
Program | |
Affiliation | |
Degree Grantor |
University of British Columbia
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Graduation Date |
1992-11
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Campus | |
Scholarly Level |
Graduate
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Aggregated Source Repository |
DSpace
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Item Media
Item Citations and Data
Rights
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.