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imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much larger impacts …
Persistent link: https://www.econbiz.de/10009781577
What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...
Persistent link: https://www.econbiz.de/10011717219
domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from … Vietnam. Tariff reductions led to entry of foreign and private firms and to employment expansion in formal manufacturing, with …
Persistent link: https://www.econbiz.de/10013473693
When Vietnam entered WTO in 2007 it was granted an accession period up to 2014. During this period tariffs would have … Vietnam has many state-owned enterprises that do not behave in a profit maximizing way. The model simulations show that the … of income will take place among the poor rural households in Vietnam. We propose other tariff reforms that both raise …
Persistent link: https://www.econbiz.de/10009375252
In 2011, the EU-South Korea Free Trade Agreement (EUKFTA) entered into force. With its focus on non-tariff barriers (NTBs), it is a leading example of a deep new generation agreement. Using detailed French customs data for the period 2000 to 2016, we investigate how exporters of different size...
Persistent link: https://www.econbiz.de/10012489630
this paper, we examine how inflation rates in two small open economies, namely Hong Kong and Singapore, interact with those … model is used to study the inflation dynamics. It is found that Hong Kong and Singapore inflation rates, but not the U ….S. one, respond to the error correction term. Compared with Singapore, the Hong Kong inflation rate is more responsive to U …
Persistent link: https://www.econbiz.de/10011409761
Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...
Persistent link: https://www.econbiz.de/10011398110
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...
Persistent link: https://www.econbiz.de/10011298529
This paper calls into question the currently most influential model of international trade. An empirical finding by Trefler (2004, AER) and others that industrial productivity increases more strongly in liberalized industries than in non-liberalized industries has been widely accepted as...
Persistent link: https://www.econbiz.de/10009786088
The literature on trade liberalization and environment has not considered federal structures. This paper shows how the design of environmental policy in a federal system has implications for the effects of trade reform. Trade liberalization leads to a decline in pollution taxes regardless of...
Persistent link: https://www.econbiz.de/10010260010