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This analysis employs cointegration methods and semiparametric regression in order to assess the integration of maize markets and the factors determining national and cross-national transmission of price signals in Sub-Saharan Africa. We use a rich dataset of 16 series of wholesale maize prices...
Persistent link: https://www.econbiz.de/10008914284
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …
Persistent link: https://www.econbiz.de/10010542015
to use contingent tariffs to control import surges of food commodities and/or downward spikes in their border prices. The …
Persistent link: https://www.econbiz.de/10010735189
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country …
Persistent link: https://www.econbiz.de/10010540252
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to …
Persistent link: https://www.econbiz.de/10010540254
world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the …
Persistent link: https://www.econbiz.de/10005765925
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition in the service sector affects downstream manufacturing firms’ efficiency, via the inputs used. Using French micro-data for services, we calculate proxies for competition in...
Persistent link: https://www.econbiz.de/10008534010
This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...
Persistent link: https://www.econbiz.de/10004979401
The number of preferential trade agreements has greatly increased over the past two decades, yet most existing bilateral arrangements take the form of free trade areas, and less than ten percent can be considered to be fully fledged customs unions. This paper develops a political economy model...
Persistent link: https://www.econbiz.de/10005406001
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply increased bilateral trade and foreign direct investment flows and also from enhanced cohesion of negotiating positions in international fora. Data presented show bilateral trade...
Persistent link: https://www.econbiz.de/10008833874