Showing 1 - 10 of 103
For individual countries, variable trade barriers can be used to reduce the volatility of domestic relative to world prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world price volatility. This study shows the nature of the...
Persistent link: https://www.econbiz.de/10009207521
spread to the much more populous ASEAN region, China and India. This paper examines how that growth and associated structural …
Persistent link: https://www.econbiz.de/10011083385
the growth rates of China and India are lower by one-quarter, and the other in which this slowdown in emerging economies …
Persistent link: https://www.econbiz.de/10011084563
the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in … imply that roughly half of India's rise in schooling and a third of the fall in child labor during the 1990s can be …
Persistent link: https://www.econbiz.de/10005504597
detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent … churning - particularly product rationalization - is far less common in India. We thus find little evidence of "creative …
Persistent link: https://www.econbiz.de/10005123815
Despite the well known gains from trade, trade liberalization is one of the most politically contentious actions that a government can undertake. We propose and formalize a new explanation of this unpopularity. The explanation is based on uncertainty and is complementary to the usual...
Persistent link: https://www.econbiz.de/10005789063
In this paper we provide a quantitative examination of initiatives for post-Uruguay Round liberalization in ‘traditional’ GATT/WTO market access areas, as a counterpoint to the recent policy literature on newer issues such as the environment, competition policy, and labour standards. We...
Persistent link: https://www.econbiz.de/10005789171
We assess some likely consequences of commercial policy in an intertemporal CGE model of an imperfectly competitive, small open economy. Specifically, we combine an overlapping generations model of aggregate savings with capital accumulation by forward-looking investors and production under...
Persistent link: https://www.econbiz.de/10005789199
We explore the impact of multilateral liberalization, with emphasis on distributional effects across countries. We first develop a realistic ‘baseline’ that takes into account events such as the entry of China into the WTO and the enlargement of the EU, allowing us to focus on those effects...
Persistent link: https://www.econbiz.de/10005791556
Standard theory predicts that exchange rate changes have merely temporary real effects. Yet, if the higher profits that a devaluation ensures are used to improve non-price competitiveness, longer-run effects are possible. The paper looks at the experience of Germany, Spain, France and Italy...
Persistent link: https://www.econbiz.de/10005791578