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Empirical studies of antidumping activity focus almost exclusively on the period since 1980. This paper puts recent U ….S. antidumping experience in historical context by studying the determinants of annual case filings over the past half century. The … conventional view that few antidumping cases existed prior to 1980 is not correct, although most did not result in the imposition …
Persistent link: https://www.econbiz.de/10005604885
This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger...
Persistent link: https://www.econbiz.de/10005769122
Persistent link: https://www.econbiz.de/10005826698
We revisit the question of the quantitative benefits of WTO trade agreements in a setup that is non-standard from the traditional trade policy point of view. We show that in a New Keynesian model, unilateral trade liberalization reduces welfare due to terms-of-trade deterioration, creating an...
Persistent link: https://www.econbiz.de/10011242404
The three-point VAT increase is part of a package in which unemployment payroll taxes will be reduced. Risks to the recovery are balanced but the range of forecasts for 2007 is unusually wide. The priority for Germany is to transmit its external strength to the domestic economy, thus further...
Persistent link: https://www.econbiz.de/10011244866
It is vital to achieve both high levels of sustained, long lasting growth and better income distribution through the Accelerated Growth Strategy in Senegal. In terms of macroeconomic performance, the annual average growth rate dropped owing to exogenous shocks and low productivity in the...
Persistent link: https://www.econbiz.de/10011244968
The Armenian government adopted the Poverty Reduction Strategy Paper (PRSP), and the first years of the PRSP implementation have evidently resulted in the significant reduction of both poverty and extreme poverty. The main focus has been sustainable economic growth, institutional reforms, and...
Persistent link: https://www.econbiz.de/10011245439
Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at present resulting from the Great Recession of 2007–09. We assess the human cost of increased unemployment by surveying what is known about the effects of past recessions....
Persistent link: https://www.econbiz.de/10011245873
The theoretical literature has argued that a centralized wage bargaining system may result in low regional wage differentiation and high regional unemployment differentials. The empirical literature has found that centralized wage bargaining leads to lower wage inequality for different skills,...
Persistent link: https://www.econbiz.de/10005264211
integration into the world community. …
Persistent link: https://www.econbiz.de/10005825518