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general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between … tariffs, development level, and observed household inequality. Working with a new dataset, we then examine cross … of trade. Regression results suggest that import protection makes income distribution worse for countries in labour …
Persistent link: https://www.econbiz.de/10005656223
This article reviews key recent literature on the effects of trade liberalization on poverty in developing countries … that liberalization has very heterogeneous effects on poor households, depending, inter alia, on what trade policies are … suggested several ways in which intrasectoral wage inequality is increased by trade, but this research generally does not …
Persistent link: https://www.econbiz.de/10010951581
La crisis económica actual se inscribe en el contexto de un profundo proceso de transformación de la economía mundial. Este proceso tiene su principal reflejo en la evolución registrada por el comercio internacional en las últimas décadas, cuyo análisis es el objeto de esta monografía....
Persistent link: https://www.econbiz.de/10010662870
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions are controlled for, trade is almost always insignificant, and often enters the income equation with the 'wrong' (i …
Persistent link: https://www.econbiz.de/10005667122
The relationship between foreign direct investment (FDI), trade openness and economic growth in host countries remains … indicate that there is no significant Granger causality from FDI to economic growth, from economic growth to FDI, from trade to … economic growth and from economic growth to trade in the short run. Even though there is a widespread belief that FDI can …
Persistent link: https://www.econbiz.de/10010780724
A computable general equilibrium model of production and trade within and between rich and poor economies is developed … in which the interaction between trade and environmental policies is analysed. The shape of iso-emissions curves, defined … policy. However, where policy is efficient there may exist an important trade-off, evaluated and illustrated here, between …
Persistent link: https://www.econbiz.de/10010668616
on topical issues of international trade and migration. The first set of papers focuses on European integration, applying … the trade effects of WTO membership, with special focus on the so-called extensive country margin, where new international …
Persistent link: https://www.econbiz.de/10011010990
clout in international commercial negotiations. Yet, since the World Trade Organization's (WTO's) creation in 1995, it is … difficult to point to a string of successes for the European Commission's (EC's) often beleaguered trade negotiators. Even the … abandon its moratorium on negotiating new free trade agreements seems more of a stop-gap measure to maintain some negotiating …
Persistent link: https://www.econbiz.de/10005124370
undertaken by the European Union and the United States, using the Trade Restrictiveness Index (TRI) as the tariff aggregator. We … take the 2001 bound tariffs as the starting point and attempt to assess how much liberalization in agriculture could be …
Persistent link: https://www.econbiz.de/10005579696
these wedges to calculate the impact of the Smoot Hawley tariffs on total factor productivity and welfare. In our benchmark … parameterization, we find that tariff protection reduced TFP by 1.2% relative to free trade prior to the Smoot Hawley legislation. TFP … substitution elasticities yields a TFP decline of almost 5% relative to free trade, with an additional reduction due to SH of 0 …
Persistent link: https://www.econbiz.de/10010600539