Showing 1 - 10 of 315
Many papers have explored the relationship between average tariff rates and economic growth, when theory suggests that the structure of protection is what should matter. We therefore explore the relationship between economic growth and agricultural tariffs, industrial tariffs, and revenue...
Persistent link: https://www.econbiz.de/10005829102
protectionism. Specifically, countries that remained on the gold standard resorted to tariffs, import quotas, and exchange controls …
Persistent link: https://www.econbiz.de/10005040637
, they cannot explain the post-1929 increase in trade costs. Protectionism seems the most likely alternative candidate. …
Persistent link: https://www.econbiz.de/10005061567
Does democracy encourage free trade? It depends. Broadening the franchise involves transferring power from non-elected elites to the wider population, most of whom will be workers. The Hecksher-Ohlin-Stolper-Samuelson logic says that democratization should lead to more liberal trade policies in...
Persistent link: https://www.econbiz.de/10005718104
(which predates the "Great Liberalization" in developing countries which followed the GATT Uruguay Round). We address all of …
Persistent link: https://www.econbiz.de/10005723140
Developing countries now account for a significant fraction of both world trade and two thirds of the membership of the World Trade Organization (WTO). However, many are still individually small and thus have a limited ability to bilaterally extract and enforce trade concessions from larger...
Persistent link: https://www.econbiz.de/10009368132
We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in turn reduces trade flows and real income for consumers....
Persistent link: https://www.econbiz.de/10010796673
This paper assesses the impact thus far that the termination of trade restrictions under the Multi Fibre Arrangement (MFA) which up to the end of 2004 applied to exports of clothing and textiles in key OECD markets has had on Asian suppliers. The speculation prior to MFA termination had been...
Persistent link: https://www.econbiz.de/10005778659
I generate new data on HIV incidence and prevalence in Africa based on inference from mortality rates. I use these data to relate economic activity (specifically, exports) to new HIV infections in Africa and argue there is a significant and large positive relationship between the two: a doubling...
Persistent link: https://www.econbiz.de/10005720509
The Great Depression ushered in a long era of deglobalization that lasted for many decades. An old conventional wisdom (e.g. Polanyi) argues that the common aspect of this shock across all countries, a deep depression, can explain the large and persistent global shift away from orthodox liberal...
Persistent link: https://www.econbiz.de/10008627135