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theory is augmented to allow for politically-motivated governments, so that the sign of export policy may be converted from …The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these … predictions emerge in a natural three-country extension of the traditional theory of trade policy in competitive markets, once the …
Persistent link: https://www.econbiz.de/10012470921
such a world export subsidies can appear as attractive policy tools, from a national point of view, because they improve …
Persistent link: https://www.econbiz.de/10012477624
We investigate whether a welfare-maximizing government ought to pursue a program of" strategic trade intervention or instead commit itself to free trade when domestic firms will have an opportunity to manipulate the government's choice of the level of" intervention. Domestic firms may overinvest...
Persistent link: https://www.econbiz.de/10012472599
Why do governments seek restrictions on the use of export subsidies through reciprocal trade agreements such as GATT …? With existing arguments, it is possible to understand GATT's restrictions on export subsidies as representing an … export subsidies can be given a world-wide efficiency rationale. In this paper, we offer one such treatment in the context of …
Persistent link: https://www.econbiz.de/10012473274
This paper argues that export subsidies aimed at shifting rents from foreign to domestic producers of a final good may … final and intermediate good firms can strengthen the argument for an export subsidy if intermediate good firms are domestic …
Persistent link: https://www.econbiz.de/10012473404
Under GATT, countries are allowed to impose countervailing duties to offset foreign subsidies. However GATT rules limit the amount of duty to the amount of the subsidy. This paper examines a generalized model of imperfect competition with capital subsidies and shows the conditions under which a...
Persistent link: https://www.econbiz.de/10012476547
The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its … advantage be protected more? Conversely, should export sectors with stronger comparative advantage be subsidized less? In this … model, optimal import tariffs should be uniform, whereas optimal export subsidies should be weakly decreasing with respect …
Persistent link: https://www.econbiz.de/10012458973
differ across countries and issue areas. Case studies of export subsidization in Korea, Brazil, Turkey, India, Kenya, and …
Persistent link: https://www.econbiz.de/10012474373
"This paper investigates the impacts of cotton marketing reforms on farm productivity, a key element for poverty alleviation, in rural Zambia. The reforms comprised the elimination of the Zambian cotton marketing board that was in place since 1977. Following liberalization, the sector adopted an...
Persistent link: https://www.econbiz.de/10010522398
United Kingdom and Canada: both countries experienced similar slowdowns in the rate of growth of educational attainment …
Persistent link: https://www.econbiz.de/10012471112