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Agricultural support is often advocated as a means to national security. This is misguided. At current levels of consumption there is considerable scope for substitution away from food without catastrophic welfare losses, and even in the total absence of imports the United Kingdom could feed...
Persistent link: https://www.econbiz.de/10005662234
The US Corporate Average Fuel Economy (CAFE) regulation mandates, subject to a civil penalty, producers to achieve a certain fleet average fuel economy on sales of new passenger cars. Analysing the incentive effects of CAFE, we find that it affords differential tax treatment to car models with...
Persistent link: https://www.econbiz.de/10005504591
new World Trade Organization (WTO). Many developing countries perceive the entwining of these social issues with trade … examines why these issues are becoming more prominent, whether the WTO is an appropriate forum to discuss them, and how they …
Persistent link: https://www.econbiz.de/10005123518
: 1) the World Trade Organization (WTO) and its predecessor the Generalized Agreement on Tariffs and Trade (GATT); 2) the … indicate that OECD membership (but neither GATT/WTO nor IMF membership) has had a consistently large positive effect on trade. …
Persistent link: https://www.econbiz.de/10005504751
The Doha multilateral round of trade negotiations sponsored by the WTO has been dragging on for over a decade, with no …
Persistent link: https://www.econbiz.de/10011083302
estimate disaggregate export elasticities and find evidence that countries that are not members of the World Trade Organization …
Persistent link: https://www.econbiz.de/10005666427
The National Treatment clause (NT) is the first-line defence in the GATT (and in most other trade agreements) against … internal taxation under the GATT. It is shown that despite severely restricting the freedom to set internal taxes, NT may …
Persistent link: https://www.econbiz.de/10005661666
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in … effect of NAFTA and the GATT on the SDS industry was to help induce Wal-Mart to enter Mexico. Once there, Walmex …
Persistent link: https://www.econbiz.de/10005661768
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
states and growing divergence between European powers. In our model, the impact of war on the European state system depends … on: i) the importance of money for determining the war outcome (which stands for the cost of war), and ii) a country … of war. Initially, this caused more internally cohesive states to invest more in state capacity, while other (more …
Persistent link: https://www.econbiz.de/10009385769