There is strong evidence suggesting that di¤erent income groups consume di¤erent bundles of goods. Hence, trade liberalization can a¤ect welfare inequality via changes in the relative prices of goods consumed by di¤erent income groups (the price e¤ect). In this paper, I develop a framework that enables us to explore the role of the price e¤ect in determining welfare inequality. I …nd that trade...

Electronic markets in recent decades contribute remarkably in business transactions. Many organizations consider traditional ways of trade non-economical and therefore they do trade only through electronic markets. There are different categorizations of electronic markets functions. In one classification, functions of electronic markets are categorized into classes as information, transactions,...

This paper analyzes the Environmental Kuznets Curve (EKC) hypothesis to test the causality relationship between economic activity, trade openness and carbon dioxide emissions in Mexico (1971-2011). The results achieved in this research show that there are three long-run relationships between production, trade openness, energy consumption and carbon dioxide emissions. The EKC hypothesis was not ...

We analyze the relative growth performance of open economies in a two-country model where di¤erent endowments of labor and a natural resource generate asymmetric trade. A resource-rich economy trades resource-based intermediates for …nal manufacturing goods produced by a resource-poor economy. Productivity growth in both countries is driven by endogenous innovations. The e¤ects of a sudden incr...

w hether the united kingdom (uk) should remain in the european :union: (eu) or not has been a fiercely debated issue both before and after the referendum in the uk on june 23, 2016. the main purpose of this paper is to evaluate the pros and cons of the uk leaving the eu. it is concluded that if the uk leaves the eu, the resulting economic shock would risk adverse effects on macroeconomic variab...

Currently a new version of the distance education platform WeLearn [3] to be combined with an agent system ([1], also developed locally) for providing advanced services [2] is under development. In a previous stage of the project software was created to automatically derive keywords from documents, either from the different versions of metadata already contained (various Microsoft file formats,...

As our ability to store information increases, the mechanisms we employ to access that information become ever more important. In this paper, we present Archosum, a prototype of an organizational system that attempts to encapsulate the benefits of both hierarchical and keyword systems. By introducing abstract entities, Archosum provides a simple interface with which users can build and maintain...

ODUCTION ar sensors with dual-polarization capability etter understanding and characterization of hazards. Advanced knowledge-based hazard algorithms would require better knowledge of ttering characteristics of hydrometeors such as , hailstones, and snowflakes. Especially, characteristics becomes important for utilize phase-array dual-polarization radar Traditionally, theoretical approaches [1]...

We describe a method for generating sentences from “keywords” or “headwords”. This method consists of two main parts, candidate-text construction and evaluation. The construction part generates text sentences in the form of dependency trees by using complementary information to replace information that is missing because of a “knowledge gap” and other missing function words to generate natural ...