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The impact of protection on economic growth is one of the traditional issues in economic history, which has enjoyed a revival in recent times, with the publication of a number of comparative quantitative papers. They all share a common weakness: they measure protection with the ratio of custom...
Persistent link: https://www.econbiz.de/10011249381
The objective of this paper is to estimate the potential pro-poor bias in the existing structure of protection in six countries in Sub-Saharan Africa (SSA) (i.e., whether it redistributes income from rich to poor households). We also explore the extent to which the barriers faced by SSA...
Persistent link: https://www.econbiz.de/10009320401
This paper empirically explores the political-economic determinants of why governments choose to tax or subsidize trade in agriculture. We use a new data set on nominal rates of assistance (NRA) across a number of commodities spanning the last four decades for 64 countries. NRAs measure the...
Persistent link: https://www.econbiz.de/10008530343
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This paper examines 1) oligolopoly and strategic trade policy 2) industrial policy 3) Japanese industrial policy: what difference did it make.
Persistent link: https://www.econbiz.de/10004971412
Social policies are likely to have an ever-more prominent role in trade policy discussions in the years ahead for the new World Trade Organization (WTO). Many developing countries perceive the entwining of these social issues with trade policy as a threat to both their sovereignty and their...
Persistent link: https://www.econbiz.de/10005123518
The paper sees countertrade - the tying of trade flows - as an insurance contract that mitigates contractual hazards and reduces the incentive for ex post `hold-up' when parties are `locked' in a relationship after they have made specific investment. This way tying is seen as a commitment device...
Persistent link: https://www.econbiz.de/10005123662
Three questions lie at the core of the large and distinguished literature on the political economy of trade policy. First, why is international trade not free? Second, why are trade policies universally biased against (rather than in favour of) trade? Third, what are the determinants of the...
Persistent link: https://www.econbiz.de/10005123722