Suchergebnisse

Private industry, government, academic researchers and society at large have needs for the specialized expertise that resides on our campuses. The research accomplishments of our scholars are buried in myriad closed or narrowly-defined data stores. By collating this existing information in an openly-available, comprehensive catalogue of research activity we serve as brokers between 'need' on one hand and 'expertise' on the other, enabling partnerships that can result in the creation of new knowledge. As a major research theme at the University of Guelph, food research is a multidisciplinary field that crosses many boundaries. Despite the prevalence of this theme, there was previously no single authoritative source of information on food research. After identifying this need, the Food Institute and the University of Guelph Library partnered to create the Food Map, a project designed to leverage existing data already present in the institutional repositories and numerous other data stores distributed throughout the institution. Further, the Food Map adds value to project metadata through augmentation and by providing a focused, indexed, and searchable interface. Through these strategies the Food Map facilitates the formation of new connections between researchers, industry, government, the public, and the media.

Abstract:This paper introduces a set of papers analysing the likely economic impact of Brexit across key aspects of the UK economy as the country comes to the end of its first full year outside the European Union. The Brexit vote in 2016 was not just a vote on the UK's relations with the institutions of the European Union but was also a referendum on the fractured state of the UK as a nation. The resulting conflation of Brexit with domestic economic policy debates is reflected in this issue. A first cluster of papers focuses on the consequences of choosing to abandon the 'four freedoms' enshrined in the Treaty of Europe, the free movement of goods, services, capital, and labour across the EU, and a second is concerned with the indirect effects of Brexit in those areas of domestic policy that have been opened up by the Brexit decision. The economic consequences of Brexit are only just emerging, but these papers provide an informed perspective on the state of debate, and the likely implications of Brexit across a range of policy areas, both international and domestic.

This paper presents a model of the private sector's demand for financial and real assets in Kenya for the period 1973–90. The private sector is assumed to hold its wealth in terms of five assets but is quantity‐rationed in the credit market. The model is estimated as a co‐integrated demand system, based on the almost‐ideal demand system of Deaton and Muellbauer (1980). The model highlights the role of real asset accumulation in offering a hedge against inflation and the role of credit rationing in the composition of wealth.

Effective public investment requires governments to address the ""recurrent cost problem"" to ensure operations and maintenance (O&M) expenditures are sufficient to sustain the flow of productive public capital services to private factors of production. Building on the model of Buffie et al (2012), this paper explores the macroeconomic implications of this recurrent cost problem and its resolution in a context that recognizes that taxation is distortionary. The model is also usedto examine stylized fiscal reforms including the replacement of a distortionary output tax with auniform consumption

AbstractThe global spread of the digital revolution and the need to manage the climate have radically altered the international trade landscape and have rendered the architecture of the World Trade Organization ill-equipped to address emerging regulatory challenges posed by cross-border flows of digital products and by carbon emissions embodied in traded goods and services. This essay reviews the set of papers published in this issue of the Oxford Review of Economic Policy that assess the regulatory challenges presented by these two 'new frontiers' of trade and evaluate alternative national and supranational trade and industrial policy responses.

When a natural disaster destroys public capital, these direct losses are exacerbated by indirect losses arising from reduced output while reconstruction takes place. These indirect losses may be much larger, relative to the direct ones, in low-income countries, because they lack the finance for rapid reconstruction. This paper uses a dynamic general equilibrium model to examine sovereign disaster risk insurance, increased taxation, and budget reallocation as alternative financing mechanisms for countries where increased borrowing is impractical. The analysis suggests that insurance may or may not be helpful, depending on detailed circumstances, and that budget reallocation is potentially very damaging. Raised taxation, if feasible, may be an attractive option.