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Gainers and Losers from Trade Reform in Morocco
Ravallion, Martin; Lokshin, Michael - 2013
The authors use Morocco's national survey of living standards to measure the short-term welfare impacts of prior estimates of the price changes attributed to various trade policy reforms for cereals-the country's main food staple. They find small impacts on mean consumption and inequality in the...
Persistent link: https://www.econbiz.de/10012559792
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Loss Aversion and Trade Policy
Freund, Caroline; ??zden, ??a??lar - 2013
This paper provides new survey evidence showing that loss aversion and reference dependence are important in shaping people's perception of trade policy. Under the assumption that agents' welfare functions exhibit these behavioral elements, we analyze a model with a welfare-maximizing government...
Persistent link: https://www.econbiz.de/10012559810
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Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
Baracat, Elias A.; Finger, J. Michael; Nogués, Julio J.; … - 2014
Peruvians a positive vision of Peru in the international economy and to extend the application of World Trade Organization … the international economy as an exploitive environment. The paper brings out the weakness of international obligations to … economy within the same rules that Argentina has so easily violated. …
Persistent link: https://www.econbiz.de/10012560730