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Essays on International Trade, Inequality, and Fiscal Policies- [electronic resource]
Essays on International Trade, Inequality, and Fiscal Policies - [electronic resource]
Essays on International Trade, Inequality, and Fiscal Policies- [electronic resource]

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자료유형  
 학위논문파일 국외
최종처리일시  
20240214100055
ISBN  
9798379943905
DDC  
658
저자명  
Siameh, Celestine.
서명/저자  
Essays on International Trade, Inequality, and Fiscal Policies - [electronic resource]
발행사항  
[S.l.]: : University of Minnesota., 2023
발행사항  
Ann Arbor : : ProQuest Dissertations & Theses,, 2023
형태사항  
1 online resource(141 p.)
주기사항  
Source: Dissertations Abstracts International, Volume: 85-01, Section: A.
주기사항  
Advisor: Glewwe, Paul;Kehoe, Timothy.
학위논문주기  
Thesis (Ph.D.)--University of Minnesota, 2023.
사용제한주기  
This item must not be sold to any third party vendors.
초록/해제  
요약This dissertation consists of two distinct chapters, studying the impact of geopolitical tensions on International Trade; and the connection between fiscal policies and inequality. The current state of geopolitical tensions is on the rise, and this has caused a significant decline in the global economy, particularly in international trade and finance. Geopolitical tensions refer to a wide range of political issues between two or more countries that induce tension and unrest, ranging from military conflict to climate change, the USA-China trade war, and Brexit. For this reason, one of the major drivers of trade policy has progressively been geopolitical conflicts. The first chapter of my dissertation provides research-driven facts and valuable contributions toward answering questions on how geopolitical tension, like Brexit, affects trade policies and global trade.This chapter studies the effect of Brexit due to trade policy shock not limited to only the United Kingdom (UK) and the European Union (EU), but with a much focus on third countries that have the UK as their major trading partner. I built a multi- country multi-sector general equilibrium Armington model with trade policy shock that features input-output linkage. Then, I calibrated this model to match the 2015 Eora multi-region input-output data. I then quantify the overall impact of Brexit by comparing the calibrated model with five different potential post-Brexit scenarios that may occur sometime in the future due to changes in trade costs. The findings show that Brexit affects other countries' welfare, trade, and production patterns besides the UK and the EU. But the magnitude of these effects may depend on the type of trade agreement the UK agrees on with these other countries.Economic inequality is one of the severest problems in the 21st century, with significant long-term and unexpected existential implications. It has long been recognized as one of the biggest threats to the development and performance of the global economy. Fiscal policy is the most powerful tool governments use in addressing high levels of inequality. This is because it affects individual consumption directly through taxes and transfers and indirectly via other means, such as providing public goods, incentives for work, etc. In the second chapter of my dissertation, I provide empirical evidence on how fiscal policies like universal basic income (UBI), targeted cash transfers, and progressive taxation can reduce income inequality in South Africa. I compare the magnitude by which UBI versus TCT funded through progressive taxation can reduce income inequality in South Africa. The results reveal that a UBI or a TCT implemented alongside progressive taxation will reduce income inequality significantly; overall, TCT reduces inequality more than UBI.
일반주제명  
Finance.
키워드  
Brexit
키워드  
Inequality
키워드  
Targeted cash transfer
키워드  
Trade
키워드  
Trade policy
키워드  
Universal basic income and targeted cash transfer
기타저자  
University of Minnesota Applied Economics
기본자료저록  
Dissertations Abstracts International. 85-01A.
기본자료저록  
Dissertation Abstract International
전자적 위치 및 접속  
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■006m          o    d                
■007cr#unu||||||||
■020    ▼a9798379943905
■035    ▼a(MiAaPQ)AAI30318184
■040    ▼aMiAaPQ▼cMiAaPQ
■0820  ▼a658
■1001  ▼aSiameh,  Celestine.
■24510▼aEssays  on  International  Trade,  Inequality,  and  Fiscal  Policies▼h[electronic  resource]
■260    ▼a[S.l.]:▼bUniversity  of  Minnesota.  ▼c2023
■260  1▼aAnn  Arbor  :▼bProQuest  Dissertations  &  Theses,  ▼c2023
■300    ▼a1  online  resource(141  p.)
■500    ▼aSource:  Dissertations  Abstracts  International,  Volume:  85-01,  Section:  A.
■500    ▼aAdvisor:  Glewwe,  Paul;Kehoe,  Timothy.
■5021  ▼aThesis  (Ph.D.)--University  of  Minnesota,  2023.
■506    ▼aThis  item  must  not  be  sold  to  any  third  party  vendors.
■520    ▼aThis  dissertation  consists  of  two  distinct  chapters,  studying  the  impact  of  geopolitical  tensions  on  International  Trade;  and  the  connection  between  fiscal  policies  and  inequality.  The  current  state  of  geopolitical  tensions  is  on  the  rise,  and  this  has  caused  a  significant  decline  in  the  global  economy,  particularly  in  international  trade  and  finance.  Geopolitical  tensions  refer  to  a  wide  range  of  political  issues  between  two  or  more  countries  that  induce  tension  and  unrest,  ranging  from  military  conflict  to  climate  change,  the  USA-China  trade  war,  and  Brexit.  For  this  reason,  one  of  the  major  drivers  of  trade  policy  has  progressively  been  geopolitical  conflicts.  The  first  chapter  of  my  dissertation  provides  research-driven  facts  and  valuable  contributions  toward  answering  questions  on  how  geopolitical  tension,  like  Brexit,  affects  trade  policies  and  global  trade.This  chapter  studies  the  effect  of  Brexit  due  to  trade  policy  shock  not  limited  to  only  the  United  Kingdom  (UK)  and  the  European  Union  (EU),  but  with  a  much  focus  on  third  countries  that  have  the  UK  as  their  major  trading  partner.  I  built  a  multi-  country  multi-sector  general  equilibrium  Armington  model  with  trade  policy  shock  that  features  input-output  linkage.  Then,  I  calibrated  this  model  to  match  the  2015  Eora  multi-region  input-output  data.  I  then  quantify  the  overall  impact  of  Brexit  by  comparing  the  calibrated  model  with  five  different  potential  post-Brexit  scenarios  that  may  occur  sometime  in  the  future  due  to  changes  in  trade  costs.  The  findings  show  that  Brexit  affects  other  countries'  welfare,  trade,  and  production  patterns  besides  the  UK  and  the  EU.  But  the  magnitude  of  these  effects  may  depend  on  the  type  of  trade  agreement  the  UK  agrees  on  with  these  other  countries.Economic  inequality  is  one  of  the  severest  problems  in  the  21st  century,  with  significant  long-term  and  unexpected  existential  implications.  It  has  long  been  recognized  as  one  of  the  biggest  threats  to  the  development  and  performance  of  the  global  economy.  Fiscal  policy  is  the  most  powerful  tool  governments  use  in  addressing  high  levels  of  inequality.  This  is  because  it  affects  individual  consumption  directly  through  taxes  and  transfers  and  indirectly  via  other  means,  such  as  providing  public  goods,  incentives  for  work,  etc.  In  the  second  chapter  of  my  dissertation,  I  provide  empirical  evidence  on  how  fiscal  policies  like  universal  basic  income  (UBI),  targeted  cash  transfers,  and  progressive  taxation  can  reduce  income  inequality  in  South  Africa.  I  compare  the  magnitude  by  which  UBI  versus  TCT  funded  through  progressive  taxation  can  reduce  income  inequality  in  South  Africa.  The  results  reveal  that  a  UBI  or  a  TCT  implemented  alongside  progressive  taxation  will  reduce  income  inequality  significantly;  overall,  TCT  reduces  inequality  more  than  UBI.
■590    ▼aSchool  code:  0130.
■650  4▼aFinance.
■653    ▼aBrexit
■653    ▼aInequality
■653    ▼aTargeted  cash  transfer
■653    ▼aTrade
■653    ▼aTrade  policy
■653    ▼aUniversal  basic  income  and  targeted  cash  transfer
■690    ▼a0501
■690    ▼a0601
■690    ▼a0508
■71020▼aUniversity  of  Minnesota▼bApplied  Economics.
■7730  ▼tDissertations  Abstracts  International▼g85-01A.
■773    ▼tDissertation  Abstract  International
■790    ▼a0130
■791    ▼aPh.D.
■792    ▼a2023
■793    ▼aEnglish
■85640▼uhttp://www.riss.kr/pdu/ddodLink.do?id=T16931635▼nKERIS▼z이  자료의  원문은  한국교육학술정보원에서  제공합니다.
■980    ▼a202402▼f2024

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