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Policy Choice: Theory and Evidence from Commitment via International Trade Agreements
Limão, Nuno; Tovar, Patricia - C.E.P.R. Discussion Papers - 2009
Why do governments employ inefficient policies to redistribute income towards special interest groups (SIGs) when more efficient ones are available? To address this puzzle we derive and test predictions for a set of policies where detailed data is available and an efficiency ranking is feasible:...
Persistent link: https://www.econbiz.de/10005136624
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National Treatment in the GATT
Horn, Henrik - C.E.P.R. Discussion Papers - 2006
The National Treatment clause (NT) is the first-line defence in the GATT (and in most other trade agreements) against opportunistic exploitation of the inevitable incompleteness of the agreement. This paper examines the role of NT as it applies to internal taxation under the GATT. It is shown...
Persistent link: https://www.econbiz.de/10005661666
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Trade Agreements as Endogenously Incomplete Contracts
Horn, Henrik; Maggi, Giovanni; Staiger, Robert - C.E.P.R. Discussion Papers - 2007
We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may be incomplete. In spite of its simplicity, the model yields rich predictions on the structure of the optimal trade agreement and how this depends on the fundamentals of the...
Persistent link: https://www.econbiz.de/10005662007
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Services Trade Liberalization and Regulatory Reform: Re-invigorating International Cooperation
Hoekman, Bernard; Mattoo, Aaditya - C.E.P.R. Discussion Papers - 2011
preconditions for future market opening. The second proposal is for a new approach to negotiations in the WTO, with a critical mass …
Persistent link: https://www.econbiz.de/10008784711
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Trade Liberalization and Developing Countries Under the Doha Round
Francois, Joseph; van Meijl, Hans; van Tongeren, Frank - C.E.P.R. Discussion Papers - 2003
first develop a realistic ‘baseline’ that takes into account events such as the entry of China into the WTO and the …
Persistent link: https://www.econbiz.de/10005791556
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A User's Guide to Uruguay Round Assessments
Francois, Joseph; McDonald, Brad; Nordström, Håkan - C.E.P.R. Discussion Papers - 1996
In this paper we provide a broad overview of the computable general equilibrium (CGE) literature on the Uruguay Round, detailing the policy experiments of various studies and differences in model structures and relating these to the overall pattern of results. We supplement this overview with a...
Persistent link: https://www.econbiz.de/10005123847
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Trade Liberalization and Globalization: A Survey
Hillman, Arye L. - C.E.P.R. Discussion Papers - 2003
This Paper presents a survey of the literature on trade liberalization and globalization. The questions are why trade liberalization occurred, why trade liberalization took the form of reciprocity combined with multilateralism, why the liberalization allows for protectionist policies, and why...
Persistent link: https://www.econbiz.de/10005067625
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Openness and Industrial Response in a Wal-Mart World: A Case Study of Mexican Soaps, Detergents and Surfactant Producers
Javorcik, Beata; Keller, Wolfgang; Tybout, James R - C.E.P.R. Discussion Papers - 2006
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...
Persistent link: https://www.econbiz.de/10005661768
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Regionalism and the Rest of the World: The Irrelevance of the Kemp-Wan Theorem
Winters, L. Alan - C.E.P.R. Discussion Papers - 1996
Many commentators purport to use the Kemp-Wan Theorem to discuss the effects of regional integration schemes on non-member countries, and to operationalize the theorem in terms of the share of member countries' imports from non-members. This paper shows that Kemp and Wan (1976) say nothing about...
Persistent link: https://www.econbiz.de/10005123797
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Does WTO Matter for the Extensive and the Intensive Margins of Trade?
Dutt, Pushan; Mihov, Ilian; Van Zandt, Timothy - C.E.P.R. Discussion Papers - 2011
We use 6-digit bilateral trade data to document the effect of WTO/GATT membership on the extensive and intensive … equations are motivated by the model of Eaton and Kortum (2002). The data show that the puzzle of no significant impact of WTO … impact of the WTO is almost exclusively on the extensive product margin of trade, i.e. trade in goods that were not …
Persistent link: https://www.econbiz.de/10008861909