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protection based on the applied tariffs faced by each exporter. In order to do this, an index of trade policy restrictiveness is … computed, using the Mercantilistic Trade Restrictiveness Index as the tariff aggregator. We also analyze the protection granted … to each sector by the existing tariff structure. In this report, we compute effective rates of protection that overcome …
Persistent link: https://www.econbiz.de/10005468401
Current negotiations at the WTO’s Committee on Trade and Environment have made it conceivable that WTO members agree on selective tariff cuts for certain Environmentally Preferable Products, in an attempt to combine gains from trade and from cleaner production/consumption. This raises...
Persistent link: https://www.econbiz.de/10004989284
In the international trade literature there seems to be some confusion between "openness" and "protection" measures … extent of the protection granted by policies rather than on the degree of openness of the economy. Given the huge size of …
Persistent link: https://www.econbiz.de/10005801241
The paper explores an important issue in multilateral agricultural trade negotiations, namely the approach taken to reduce tariffs, simulating possible liberalization scenarios. The analysis is based on the model of the Global Trade Analysis Project (GTAP), and on the related version 6.0...
Persistent link: https://www.econbiz.de/10005513521
Over the time a large number of reciprocal preferential trade agreements (RTAs) have been concluded among countries. Recently many studies have used gravity equations in order to estimate the effect of RTAs on trade flows between partners. These studies report very different estimates since they...
Persistent link: https://www.econbiz.de/10005513523
The European Union decided in June 2003 a new reform of its farm policy with a new step toward the decoupling of farm income support instruments. Available impact studies find that this reform will reduce production incentives, substantially for beef and to a lesser extent for arable crops. All...
Persistent link: https://www.econbiz.de/10005513524
The EU Common Market Organization for bananas has been generating international controversies since its introduction in 1992. Many thought the 'banana war' had come to an end when, at the 2001 WTO Ministerial Conference in Doha, a Decision was taken for the EU to introduce, no later than 1...
Persistent link: https://www.econbiz.de/10005468394
The main objective of the paper is related to the long standing issue of the econometric estimation of price elasticity of food trade functions. We investigate the relevance of the prominent gravity approach. This approach is based on the assumptions of symmetric, monotone, homothetic, CES...
Persistent link: https://www.econbiz.de/10005468396
Tariff rate quotas (TRQs) were introduced and legitimised as a market access instrument in the Uruguay Round Agreement on Agriculture (URAA). TRQs combine both restrictions on imports, as well as safeguarding current or preferential agricultural trade flows. When market access is restricted by a...
Persistent link: https://www.econbiz.de/10005468397
Using specific estimation of ad-valorem equivalents, the paper compares sectors where observed trade flows are significantly lower than predicted flows, with sectors where a SPS/TBT measure is notified in the TRAINS database. Only three sectors are found where a significant negative coefficient...
Persistent link: https://www.econbiz.de/10005468400